The cost of a mortgage is up 20% since December

If you're curious about what's happening in the real estate market it appears that home shoppers are facing a one-two punch this spring: Quickly rising mortgage rates are compounding affordability challenges that have been brought on by record home value growth. The cost of a 30-year mortgage on the typical [...]

By |2022-04-20T10:58:32-08:00April 21st, 2022|Real Estate|Comments Off on The cost of a mortgage is up 20% since December

Real estate forecast and other hot housing takes for 2022

The housing market may not reach the amazing depths of 2021, but Zillow economists predict it will be anything but slow next year. Expect the strong seller's market to persist, the Sun Belt to maintain its top spot as the most in-demand region, and flexible work options to continue to [...]

By |2021-12-15T11:25:42-08:00December 23rd, 2021|Real Estate|Comments Off on Real estate forecast and other hot housing takes for 2022

Report: agents faced bidding housing wars in August — lowest since 2020

In August, 58.8% of home offers written by Redfin agents faced competition—a record low for 2021, according to a new report from Redfin real estate brokerage. That's down from a revised rate of 62.1% in July and a peak of 74.3% in April. It's also slightly lower than the August 2020 bidding-war [...]

By |2021-09-15T13:44:57-08:00September 21st, 2021|Real Estate|Comments Off on Report: agents faced bidding housing wars in August — lowest since 2020

Here are 2021’s best and worst-run cities in America

Is your city back on the mend from the lockdowns? Keep reading. With local governments helping their cities transition back to normalcy as COVID-19 cases decline, the personal-finance website WalletHub recently released its 2021’s Best- & Worst-Run Cities in America To determine the effectiveness of local leadership, WalletHub compared 150 [...]

By |2021-06-22T09:54:55-08:00June 24th, 2021|Real Estate|Comments Off on Here are 2021’s best and worst-run cities in America

Association explores technology’s role in real estate’s ‘new normal’

Several technology experts from the National Association of Realtors gathered during the 2020 REALTORS Conference & Expo to learn more about the real estate industry's growing reliance on technology and how the integration of artificial intelligence, augmented and virtual reality, digital transaction management, and 5G innovations will impact the buying [...]

By |2020-11-28T14:07:35-08:00November 26th, 2020|Real Estate|Comments Off on Association explores technology’s role in real estate’s ‘new normal’

Redfin home offers faced bidding wars in September amid COVID

The housing market continues to be fierce even with a pandemic reports Redfin as it saw 56.3% of Redfin offers on homes face competition nationwide in September, down from a revised rate of 59.1% in August, according to a new report. While that's the first decline in at least five [...]

By |2020-10-20T14:06:22-08:00October 22nd, 2020|Real Estate|Comments Off on Redfin home offers faced bidding wars in September amid COVID

Remote work could open homeownership to nearly 2M renter households

The rise of remote work has the potential to unlock the American Dream of homeownership for nearly 2 million renter households. A new Zillow analysis finds that's how many renter households could likely telecommute and afford monthly payments on the typical U.S. starter home, but couldn't afford a starter home in [...]

By |2020-09-09T14:41:26-08:00September 10th, 2020|Real Estate|Comments Off on Remote work could open homeownership to nearly 2M renter households

Survey: millennials likely to depart big cities over next year

Goodbye city life, hello to smaller towns? The company Quicken recently shared results from a recent survey of more than 1,000 millennials renting apartments in urban areas and where they plan to move. While 93% of millennials have stayed in their city of residence since the start of the pandemic, more [...]

By |2020-08-12T15:28:04-08:00August 13th, 2020|Real Estate|Comments Off on Survey: millennials likely to depart big cities over next year

Realtor benefits program partnership with ReferralExchange

Good news for those folks in the real estate industry or thinking of entering the popular career choice. The National Association of Realtors is now in a new partnership with lead verification and qualification firm ReferralExchange. NAR secured exclusive savings for its 1.4 million members with the San Francisco-based company, [...]

By |2020-08-05T10:30:06-08:00August 6th, 2020|Real Estate|Comments Off on Realtor benefits program partnership with ReferralExchange

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