Source: RisMedia — A quick look at the U.S. housing market earlier this winter indicated some cooling from the early days of the pandemic. In February, the National Association of REALTORS® (NAR) reported that existing home sales were down 7.2%. This came on...
Source: Redfin — The share of home sellers who dropped their asking price shot up to a six-month-high of 15% for the four weeks ending May 1, up from 9% a year earlier. The 5.9% increase is the largest annual gain on record in Redfin’s weekly housing data back...
Source: CNN — In a bid to curb high inflation, the US Federal Reserve on Wednesday increased its key short-term interest rate by half a percentage point — the first hike of that magnitude in 22 years. While the US economy is still operating in a fairly...
Source: Keeping Current Matters — One of the biggest concerns for a homeowner looking to sell is the time they’ll have to put in before listing their house. If that’s the case for you, you should know – your home might be closer to list-ready than you think in...
Source: Apartment Therapy — If you have a small living space, there’s not much you can do about longing for enough seating to accommodate all your guests or a space large enough to fit that extra-large couch you’ve been eyeing. However, you can make your living...
Source: Fox Business — Even though mortgage rates are rising at their highest pace since 1994, Century 21 CEO Mike Miedler argued that’s not the biggest problem facing the real estate market on “Mornings with Maria” Thursday. “Honestly, we...
Hits and Misses for the Real Estate Week of April 27-May 1
