Current News & Events

Source: Marketplace --- Sales of existing homes hit a 15-year high in 2021, according to the National Association of Realtors. Last year saw about 6.1 million home sales, an 8.5% jump over the previous year. Despite the high volume of sales, inventory has remained...

Source: CT Insider --- Connecticut saw a shift from the norm in the 2021 residential real estate industry, as fairly steady prices morphed into a strong sellers’ market, experts said. The change occurred amid a record year for the real estate market nationally. Median...

Source: apartment therapy ---  The pandemic has exposed and amplified the effects of unequal access to decent, affordable housing. For many Americans who are already living on the edge, that’s where the government’s nearly $2 trillion Build Back Better bill aims to...

Source: Fortune--- New data from Redfin shows that three in five homes faced multiple offers in December. That’s lower than the April highs of nearly 75%, but higher than December 2020’s 54%. And in some cities, the bidding wars are still raging. “Buyers should...

Source: Zillow --- There were fewer options for would-be home buyers on the market at the end of 2021 than any time in recent memory, according to Zillow’s December 2021 Market Report. And the limited supply seems to have reignited home price appreciation, as monthly...

Source: Realtor.com --- The numbers: Existing-home sales decreased 4.6% between November and December, hitting a seasonally-adjusted, annual rate of 6.18 million, the National Association of Realtors said Thursday. Compared to a year ago, sales were down more than 7%....

Source: Zillow --- Existing home sales are expected to continue growing through 2022, approaching levels not seen since 2005, while annual home value growth is likely to peak and plateau in the early months of 2022 before slowing somewhat through the end of next year....

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 County....

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 of...

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...