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Experts Say Home Prices Will Continue to Appreciate

Experts Say Home Prices Will Continue to Appreciate

by Third Party | May 14, 2021 | Industry Updates, Mortgage Information, News/Current Events, Real Estate News

Source: Keeping Current Matters —  It’s clear that consumers are concerned about how quickly home values are rising. Many people fear the speed of appreciation may lead to a crash in prices later this year. In fact, Google reports that the search for “When is...
Housing Affordability Still Facing Significant Challenges in U.S.

Housing Affordability Still Facing Significant Challenges in U.S.

by Third Party | May 14, 2021 | Industry Updates, News/Current Events, Real Estate News

Source: The World Property Journal —  The National Association of Home Builders is reporting U.S. housing affordability weakened slightly during the first quarter of 2021 as rising material costs and supply shortages along with expected increases in mortgage...
Supply of homes for sale around Philly is predicted to stay low for a while

Supply of homes for sale around Philly is predicted to stay low for a while

by Third Party | May 13, 2021 | Real Estate News

Source: The Philadelphia Inquirer —  The Roxborough twin home sold the night of a Wednesday open house, less than 24 hours after it went on the market late last month. The buyer, a single mother of three, offered cash and $15,000 over the $329,900 asking price....
Most Americans Now Believe It’s a Good Time To Buy a Home, Despite Soaring House Prices—Here’s Why

Most Americans Now Believe It’s a Good Time To Buy a Home, Despite Soaring House Prices—Here’s Why

by Third Party | May 13, 2021 | Industry Updates, News/Current Events, Real Estate News

Source: Realtor . com —  Despite skyrocketing home prices, a majority of Americans believe now is a good time to buy a home, according to a new survey from Gallup. Some 53% of Americans believe it is a good time to buy, Gallup reported Tuesday, citing the...
U.S. Government Regulatory Costs Add Staggering $93,870 to New Home Prices

U.S. Government Regulatory Costs Add Staggering $93,870 to New Home Prices

by Third Party | May 13, 2021 | News/Current Events, Real Estate News

Source: The World Property Journal —  According to the National Association of Home Builders (NAHB), regulations imposed by all levels of government account for $93,870, or 23.8 percent of the current average sales price ($397,300) of a new single-family home in...
Zillow Looks Ready to Dominate the Online Real Estate Market

Zillow Looks Ready to Dominate the Online Real Estate Market

by Third Party | May 12, 2021 | Mortgage Information, Real Estate News

Source: Barron’s —  Zillow’s first-quarter results came in strongly ahead of estimates, as Premier Agent revenue growth accelerated again, amid continued housing-market tailwinds. The Homes segment also experienced strong growth and delivered another...
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