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Memphis real estate: From inventory to home prices, here are the trends to watch in 2022

Memphis real estate: From inventory to home prices, here are the trends to watch in 2022

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

Source: Commercial Appeal —  Another year is in the books for the Memphis Area Association of Realtors and with that comes the final market report for the prior year, complete with end-of-year data for 2021. For those interested in the ongoing state of...
How do you make middle housing more appealing? Make it look like a single-family home

How do you make middle housing more appealing? Make it look like a single-family home

by Third Party | Jan 19, 2022 | News/Current Events, Real Estate News

Source: Deseret News —  When it comes to middle housing, you’ve got to have style. So says the latest report from the Utah Foundation, an independent research group, that shows in new surveys that 72% of respondents say “style is the most important factor in...
3 in 5 Home Offers Faced Bidding Wars in December, Even Amid Holiday Slowdown

3 in 5 Home Offers Faced Bidding Wars in December, Even Amid Holiday Slowdown

by Third Party | Jan 19, 2022 | Mortgage Information, News/Current Events, Real Estate News

Source: Redfin News —  Nationwide, 59.6% of home offers written by Redfin agents faced bidding wars in December 2021, the lowest share in 12 months. That’s down from a revised rate of 61.3% in November, but up from 54% in December 2020. An offer is considered...
Homebuilder confidence drops for the first time in four months, as inflation hits materials

Homebuilder confidence drops for the first time in four months, as inflation hits materials

by Third Party | Jan 19, 2022 | News/Current Events, Real Estate News

Source: CNBC —  Builders in the single-family housing market are facing growing expenses, which is causing a turnaround in sentiment to start the year. Builder confidence fell one point to 83 in January, according to the National Association of Home Builders...
Homebuyers: Buckle up for another brutal spring housing market

Homebuyers: Buckle up for another brutal spring housing market

by Third Party | Jan 19, 2022 | News/Current Events, Real Estate News

Source: Fortune —  It’s usually around this time of year, with the holiday season firmly in the rearview mirror, that homebuyers and sellers alike begin to make their way back into the market. That will continue to pick up each week until March arrives. At...
Real estate experts say higher mortgage rates, low housing inventory face buyers in 2022

Real estate experts say higher mortgage rates, low housing inventory face buyers in 2022

by Third Party | Jan 19, 2022 | News/Current Events, Real Estate News

Source: KBTX3 —  BRYAN, Texas (KBTX) – Whether it’s from the increase of people working from home or those global supply chain issues, the housing market has seen plenty of volatility from the pandemic over the past couple years. Buying and owning a home...
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