Source: CNN — (CNN)US home prices continued to surge higher in March, as buyers raced to lock in homes before the average mortgage rate hit 5%. Home prices rose 20.6% in March from the year before, an even higher rate than the 20% growth seen in February,...
Source: Fortune — Fundamental economics tells us that home price growth and income growth are interwoven. Neither can outrun the other for very long. That is what’s concerning about the pandemic’s housing boom: Over the past year, home price growth (20.6%) is...
Source: Apartment Therapy — Home sales get put on hold for any number of reasons. Maybe there’s been a medical emergency and the seller can’t continue showing at that point in time. Or maybe the seller no longer has a place to move and needs to stay in the home...
Source: Realtor — After a punishing few years, many homebuyers are simply calling it quits. And who could blame them? First, home prices began rising to dizzying heights. Then came the insanely competitive bidding wars, complete with mind-bogglingly high offers...
Source: Realtor Magazine — Just like townhome demand is rising so is condo demand. The first quarter proved to be the best quarter for condo construction since the third quarter of 2008—in about 14 years, according to the National Association of Home Builders....
Source: Realtor Magazine — When it comes to the value of a home, yards in Hawaii get the most consideration in the U.S. Living Cozy, a homeware and furniture brand analyzed the average home value and yard size in each state to identify where the size of a yard...
Median Asking Rent for Los Angeles County at 5-Year Low
