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A changing housing market provides some opportunity for buyers this fall
Source: Fox 21 News --- It may not be “cool” quite yet, but the scorching housing market we saw in the summer of 2021, looks to be settling down this fall. Homes are sitting on the market longer than at any point since March, at about 12 days, according to the Pikes...
Sarasota-Manatee real estate prices keep climbing, supplies keep falling
Source: Your Observer --- As summer drew to a close in September, the availability of homes and condominiums for sale in Sarasota and Manatee counties continued its downward slide, taking a bite out of closed sales but driving up median prices. Combined between the...
Reports: Permanent remote work will have lasting impact on U.S. cities
Source: Twin Cities Pioneer Press --- The economy is bouncing back beyond expectations, but housing affordability is quickly worsening as rents and home prices rise, sending more homebuyers looking to the Sun Belt. Most workers will average three to four days per week...
Kelowna remains iconic real estate hotspot
Source: Kelowna Capital News --- A summer like no other may be a common refrain to describe the unprecedented sales rush in the Central Okanagan real estate market this year. The good times are likely to continue well into the future for the real estate development...
Commercial real estate leaders push for more diversity
Source: The OCR --- Every year, about this time, the commercial real estate industry congregates for conference season. It’s a time to gather, learn and network. When the pandemic struck in 2020, we found ourselves doing this virtually. I’ve embraced virtual meetings...
U.S Mortgage Rates Rise Again. The Upward Trend Looks Set to Continue
Source: Yahoo Finance --- Mortgage rates were on the rise once more, holding onto 3% levels for just the 4th time since 21st April. In the week ending 21st October, 30-year fixed rates increased by 4 basis points to 3.09%. Compared to this time last year, 30-year...
Warehouses become prime local real estate
Source: Hawaii Public Radio --- One often hears about Hawaiʻi’s housing shortage, but there’s another building type in short supply: warehouses. According to a report from Colliers International Hawaii, the vacancy rate in the industrial sector fell to 1.73% percent...
Real Estate newsletter: A Halloween house-and-horror combo
Source: LA Times--- Welcome back to the Real Estate newsletter. As cobwebs and skeletons adorn the porches of homes across California, one listing in Spaulding Square is getting into the Halloween spirit more than any other. Hallowed in Halloween history, the Dutch...
If Your Real Estate Agent Does These Things, Run the Other Way
Source: Motley Fool --- Your real estate agent should make buying a home easier. If these things are happening, it's time to cut ties. If you want to buy a home, there's little to lose by working with a real estate agent. While sellers commonly pay real estate agents...
Median real estate price hit an all-time high in Wake County in September
Source: The Charlotte Observer --- Wake County reached an all-time high median real estate price in September — $390,000. That includes in the median monthly price of recorded transactions under $1 million, which includes the vast majority of housing market sales...
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