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40% Of Americans Are Considering A Move In 2022
Source: National Mortgage Professional --- Plenty of Americans are expected to move in 2022, seeking more space to accommodate their new remote working lifestyle. Nearly half of these on-the-go consumers hope to realize their homeownership dreams, according to the...
Office Expansions in Big U.S. Cities Outpaced Contractions in 2021
Source: The World Property Journal --- According to new data from CBRE, companies stopped standing still in 2021 when it comes to long-term real estate decisions. Office-using companies in major U.S. markets shifted to more relocations and expansions in the first...
What does the 2022 Utah real estate market look like?
Source: KSL.com--- Living through 2021 (which has felt more like 2020 part two) has been a wild ride. A persistent pandemic, rising gas prices, inflation — there's been plenty to be anxious about. This is especially true if you're trying to buy a home. Few places in...
Commercial real estate market healthy, but changes are coming
Source: Fox 11 --- RENO, Nev. (News 4 & Fox 11 Team) — As COVID-19 continues to spread, work life is continuing to adapt as work from home or hybrid methods become a reality for many employees. With no clear end to the pandemic in sight, what does the traditional...
Housing Market Update: Home Prices Start New Year at New High
Source: Redfin News--- The median home sale price surged 16% year over year during the week ending January 9 to an all-time high of $365,000. Prices keep climbing because the supply drought keeps deepening while demand increases. The number of homes for sale fell to a...
Coverage could soon be impossible for multifamily real estate insureds to secure
Source: Insurance Business America --- The multifamily real estate insurance market in the United States has hardened significantly over the past few years, resulting in major rate increases and restrictions in coverage terms and conditions. Three prevalent issues...
The 10 Most Expensive Homes Sold in Houston’s Record $40 Billion Real Estate Year
Source: Paper City --- The numbers are in for the Houston residential real estate market for 2021 showing it was a record year with overall single family home sales topping the 2020 record by more than 10 percent. Total dollar volume hit a record $40 billion, 28...
Low Inventory May Push Local Real Estate Prices Even Higher
Source: HawaiiBusiness Magazine--- As Hawai‘i begins 2022, the residential real estate market in the Islands, especially on O‘ahu, continues to set records with no signs of abating. Chad Takesue, 2022 president of the Honolulu Board of Realtors and a partner at real...
A pickup in purchases or a sales slowdown? Experts split on what to expect
Source: Scotsman Guide --- Will an influx of new inventory push home sales in 2022, or will falling affordability push buyers to the sidelines and dampen activity? A new Zillow poll has revealed that economists and housing industry observers are split on where the...
Fear of even higher mortgage rates may be heating up winter homebuying
Source: CNBC --- Mortgage rates have moved to their highest level in more than a year, and that may have potential homebuyers nervous that their affordability window is closing faster than expected. Home prices are still gaining, and winter is historically the slowest...
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