Current News & Events
Canadian Home Sales at 4-Year High for the Month of September
The non-seasonally adjusted national average home price was $676,154 in September, up 0.7% from one year ago. Continue Reading Canadian Home Sales at 4-Year High for the Month of September
Fathom Holdings Acquires Start Real Estate
The financial terms of the acquisition were not disclosed. Continue Reading Fathom Holdings Acquires Start Real Estate
Will we start 2022 with all-time lows in housing inventory?
Source: Housing Wire --- My biggest concern for housing in the years 2020-2024 was that if the demographic push in demand picks up and total home sales get over 6.2 million, we could be at risk of housing inventory falling to such low levels that I would have to...
Australia’s Luxury Real Estate Market Expected To See Influx Of International Buyers In 2022
Source: Forbes --- While border closures resulting from COVID have slowed Australian property sales to international buyers, experts predict that the luxury market may perk up in 2022 as travel restrictions relax and ex-pats return to the country. "Travelers from New...
Home price growth is finally decelerating—and it’s just the start
Source: Fortune --- Exhausted. Frustrated. Stretched. Those are all reasonable emotions for home shoppers to be feeling right now. After all, home prices rose faster this year than any period in tabulated U.S. history: Between August 2020 and August 2021, U.S. home...
‘TikTok changed my life.’ Real estate estate agents find huge success on the app
Source: CNN --- New York (CNN)In the midst of a global pandemic, the real estate market has been on fire. Demand for homes has soared, pushing prices up to record levels. Competition is so intense that homes are selling in record time, with multiple bids and all-cash...
Evergrande defaults on $1.2B in foreign bonds, Fitch says, as China intervenes in debt-ridden real estate sector
Source:CBS News --- Beijing — Two major Chinese property firms have defaulted on $1.6 billion worth of bonds to overseas creditors, Fitch Ratings agency said Thursday, as contagion spreads within the country's debt-ridden real estate sector. China's government sparked...
Here’s why the luxury housing market is exploding in Metro Phoenix
Source: AZ Big Media --- In the past five years, the Metro Phoenix market median home price has nearly doubled. In Phoenix, the median home price is $405,000 compared with $215,000 five years ago, according to Redfin market data. From April to June, houses across town...
The 10 top housing markets of 2022: Think Boise, not New York City
Source: CBS News --- Real estate has been challenging for many buyers this year, with home prices up sharply and inventory at record low levels. Some buyers may get a break in 2022, but it's not likely to be in some of the nation's smaller cities that have seen strong...
Will Industrial Real Estate Stay On Top in 2022?
Source: The Motley Fool --- Industrial real estate has been a top performer among commercial real estate (CRE) investments over the past decade. For the past five years, industrial real estate investment trusts (REITs) have outperformed all other commercial REITs by...
Don’t let a dated real estate website hold your business back
Source: Inman --- In our 20-plus years of developing websites for agents, there’s one thing we know for sure: your site has to be just as hardworking as you. Yet many professionals have websites that are firmly stuck in the past: dated visuals, slow loading pages,...
Apartment rent and occupancy hit record highs, even as market enters its traditionally slow season
Source: CNBC --- Apartment rent growth and occupancy set new records in November, yet another sign that the nation’s housing market isn’t following seasonal patterns this year. Rent growth and occupancy usually cool heading into winter. Apartment occupancy hit a new...
