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Southern Illinois real estate market is booming

Southern Illinois real estate market is booming

by Third Party | Jan 21, 2022 | News/Current Events, Real Estate News

Source: The Southern Illinoisan —  Teri Novak is planning a five-hour trek to Southern Illinois tomorrow. She’s made the drive from her suburban Chicago community of Lemont many times in the past few weeks since deciding to try to buy a home in Williamson...
Housing starts reach nine-month high in December

Housing starts reach nine-month high in December

by Third Party | Jan 21, 2022 | News/Current Events, Real Estate News

Source: Housing Wire —  After posting a double digit gain in November, housing starts were up yet again in December, rising 1.4% month over month to a seasonally adjusted annual rate of 1.70 million according to a report released Wednesday by the U.S. Department...
Housing Forecast Reveals The Best Markets For Each Stage Of Life

Housing Forecast Reveals The Best Markets For Each Stage Of Life

by Third Party | Jan 21, 2022 | News/Current Events, Real Estate News

Source: Forbes —  Knock, a digital homeownership platform, today released its ranking of the best housing markets by generation in 2022. Austin, Texas, ranks No. 1 for Millennials, while Miami is the best market for Gen X, and Pittsburgh tops the list for Baby...
December home sales drop 4.6%, as supply hits record low

December home sales drop 4.6%, as supply hits record low

by Third Party | Jan 21, 2022 | News/Current Events, Real Estate News

Source: CNBC —  Closed sales of previously owned homes in December fell 4.6% to a seasonally adjusted, annualized rate of 6.18 million units, according to the National Association of Realtors. Sales were down 7.1% year-over-year. Still, December rounded out a...
Forecasting the 2022 Twin Cities Real Estate Market

Forecasting the 2022 Twin Cities Real Estate Market

by Third Party | Jan 20, 2022 | News/Current Events, Real Estate News

Source: Mpls St Paul —  If you’ve had your fingers crossed for a less crazy housing market, 2022 might be your year.  COVID remains a wild card in the market, but Gary and Susan Wahman aren’t predicting any major surprises going into this year. Their main piece...
1 in 10 Homebuyers & Sellers Say Climate Risk is Main Reason For Move: Redfin Survey

1 in 10 Homebuyers & Sellers Say Climate Risk is Main Reason For Move: Redfin Survey

by Third Party | Jan 20, 2022 | Mortgage Information, News/Current Events, Real Estate News

Source: Redfin News —  One in 10 homebuyers and sellers say climate-related risks—hurricanes, flooding, wildfires, extreme temperatures and/or rising sea levels—are the primary reason for their move, and 39% say they’re a contributing factor.  That’s according...
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