Current News & Events
Mortgage Rates Take Another Tumble
The 30-year fixed-rate mortgage averaged 6.27% as of Oct. 16. Continue Reading Mortgage Rates Take Another Tumble
Builder Confidence Rises Despite Market Challenges
“The HMI gain in October is a positive signal for 2026 as our forecast is for single-family housing starts to gain ground next year,” said NAHB Chief Economist Robert Dietz. Continue Reading Builder Confidence Rises Despite Market Challenges
Median price of Wake County real estate hit new high in November – $405,000
Source: WRAL TechWire --- RALEIGH – Price appreciation in the Triangle’s real estate markets has been well into the double-digits for much of 2021, with median sale prices reaching new highs in November—and real estate agents aren’t expecting there to be any...
Sears, Struggling to Sell Goods, Markets a Valuable Asset: Real Estate
Source: The New York Times --- Shoppers may no longer come in droves for wrenches, watches or washing machines. But Sears, the once-ubiquitous department store that has been battered by the growth of e-commerce, may have one last thing of value to market: its own...
12 Big Tech Challenges Remote Real Estate Companies Are Facing Right Now
Source: Forbes--- Adopting new technology has become the reality of every business, especially in the modern remote work era. Companies that shifted to a work-from-home environment during the pandemic had to train employees on the usage of new digital tools and...
Real estate experts release report on Spokane’s housing density
Source: The Spokesman-Review --- Spokane County’s growing housing demand could be met by increasing density, creating mixed-use neighborhoods and changing zoning regulations to boost land availability, according to a study released Monday. The Counselors of Real...
How much 2022 home prices are forecast to shift in each of America’s 100 largest markets
Source: Fortune --- That deceleration could be the start of a bigger cool down. At least that's what Realtor.com, a real estate listing site owned by News Corp., is forecasting. By the end of 2022, the site is predicting U.S. home values will climb just 2.9% as rising...
Real estate agents band together for recovery in tornado-stricken states
Source: Inman --- Tornadoes ripped through at least six states Friday evening through Saturday morning, wreaking havoc and destruction across more than 220 miles of towns in Kentucky, Tennessee, Mississippi, Illinois, Missouri and Arkansas. Showing no mercy, the...
The West’s housing crunch began over a decade ago. Here’s why
Source: KSL.com --- LAS VEGAS — As Western states, including Utah, Idaho, Arizona and Nevada, cap off two years of record-breaking home sales and price increases, it's important to note the West's housing crunch began long before the COVID-19 pandemic threw the...
Vacation Home Markets in the U.S. Remain Strong
Source: The World Property Journal --- Suburban Housing Shift Eases in the Third Quarter Based on new findings of the third quarter National Association of Home Builder's Home Building Geography Index, the suburban shift for single-family home buying precipitated in...
5 luxury real estate trends to watch in 2022
Source: Inman--- We’ve never lived through a year like 2021 – an astonishing statement, considering we were all expressing a similar sentiment around this time last year. The luxury real estate buying boom that began in 2020 escalated in 2021. Insatiable demand...
Hawaii’s ultra-luxury real estate market smashes records, as sales soar 600%. Here’s what’s selling
Source: CNBC --- Hawaii’s luxury real estate market is soaring to all-time highs fueled by several factors including pent-up demand from the coronavirus pandemic, record low interest rates and rising equity markets. In the first three quarters of this year, homes...
