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How hard is it to buy a home right now? “Beyond crazy and frustrating.”

How hard is it to buy a home right now? “Beyond crazy and frustrating.”

by Third Party | May 12, 2021 | Industry Updates, Mortgage Information, News/Current Events, Real Estate News

Source: CBS News —  The pandemic-era real estate market has emerged as a windfall for sellers and a headache for buyers. A shortage of for-sale homes continues to boost prices across the nation by double-digits — and is pushing house hunters to go to extremes to...
How does our hot housing market look in America’s wealthiest county?

How does our hot housing market look in America’s wealthiest county?

by Third Party | May 11, 2021 | Industry Updates, Real Estate News

Source: MPA —  In America’s wealthiest county, when homes sell above list price, they sell for as much as $500,000 over asking. Kristi Hardy (pictured), VP and senior loan officer at Atlantic Coast Mortgage, has been seeing this demand firsthand in her local...
Homes in Black neighborhoods undervalued by $46,000

Homes in Black neighborhoods undervalued by $46,000

by Third Party | May 10, 2021 | Industry Updates, Real Estate News

Source: Housing Wire —  In analyzing more than 7 million homes sold between 2013 and the beginning of 2021, Redfin found homes in Black neighborhoods are undervalued by an average of $46,000 compared to homes in primarily white neighborhoods, the company said....
South Florida real estate market still booming in 2021

South Florida real estate market still booming in 2021

by Third Party | May 10, 2021 | Industry Updates, Real Estate News

Source: Florida Trent —  The growth in residential sales is part of an overall economic boom in South Florida, led by technology and venture capital companies moving from more expensive sites in the Northeast or Silicon Valley to benefit from generally lower...
Top five and bottom five real estate markets revealed

Top five and bottom five real estate markets revealed

by Third Party | May 10, 2021 | Industry Updates, Real Estate News

Source: MPA —  SitusAMC recently released a pair of key reports that, taken together, display just how the regional economic and real estate market landscape has shifted in America since the pandemic. Its quarterly economic measures heatmap shows a nation in...
Desperate buyers are going to extremes to land a home

Desperate buyers are going to extremes to land a home

by Third Party | May 7, 2021 | Mortgage Information, Real Estate News

Source: CNN —  With the inventory of homes for sale historically low and prices higher than ever, the battle to buy a home has been taken to a whole new level. The number of available homes to buy in April dropped by 40% from a year ago and 50% from 2019,...
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