Trends
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Homesellers continued to sell homes to each other in September, making the market resemble a game of ‘housing musical chairs,’ according to First American chief economist Mark Fleming.
“If sky-high prices continue to lure more sellers into the market, it could prompt the inventory rebound we’ve been waiting for — which would be welcome news for frustrated buyers.” — Javier Vivas, director of economic research for realtor.com
“Increasing house price appreciation in suburban zip codes points to higher demand relative to supply in the suburbs but does not necessarily indicate what’s fueling the demand,” the study notes.
The work from home phenomenon — and the need for a dedicated home office— is driving demand for more space among both buyers and renters.
The suburbs are becoming more alluring to residents of major cities as the COVID-19 pandemic continues into autumn.
See how Atlanta compares to other cities when it comes to apartment conversions.
This year, buyers encountered a 21% decrease in listings from the beginning of 2020, along with a 17% price increase to about $20,000 more than anticipated.
It was a hard-fought effort to procure federal funds in the middle of a recession, but NAR announced that the president is poised to sign a bill that provides money for road projects and flooding.
“Based on the rising popularity of the burbs, some buyers might think they can catch a break by searching in the city, but unfortunately that’s not the case,” realtor.com Chief Economist Danielle Hale said.
Sustainable practices in real estate can increase sales and boost the community, according to a new study.
Sustainable practices in real estate can increase sales and boost the community, according to a new study.
It was another week of firsts with the increase in home prices more than doubling the rate recorded in January 2020.
A new report by Redfin shows counties of both political stripes are benefitting from a booming real estate market. See how the numbers break down.
Home sales across the nation were up 4.3% year over year, making it the third best month for home sales in the 13-year history of the report.
A new report from the financial website Wallethub ranks each state on COVID-19 restrictions.
The biggest players in the iBuyer market closed up shop at the beginning of the pandemic, and a new report shows the numbers.
