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Why the U.S. Housing Market Might Be Better for Buyers in 2022
Source: Home Buying Institute --- It’s no secret that home buyers in the U.S. have had a tough time in 2021. Tight inventory commissions and fast-rising prices have presented challenges for buyers all across the country. Now, as we approach the fall of 2021, many are...
FHFA Reverses Previous Housing Market Reform Progress
Source: American Action Forum --- Executive Summary The Federal Housing Finance Agency (FHFA) has suspended restrictions from earlier this year that prevented the government-sponsored enterprises (GSEs) from purchasing “high-risk” mortgages; it also announced a...
How Does the Housing Market Look Heading Into Fall?
Source: Yahoo Finance --- When it comes to real estate in 2021, there’s just one word to describe it. Hot. It started in 2020 with the coronavirus pandemic, as urban dwellers fled the dense cities and moved to the spread-out suburbs, snapping up properties sight...
Brunswick County again sees higher real estate prices, tight inventory in August
Source: WWAYTV3--- Brunswick County’s residential real estate market once again saw increased prices and low inventory in August, that’s according to Brunswick County Association of REALTORS®. While total sales volume was slightly down in August, total year-to-date...
Study: Real estate firms thrive on repeat and referral business
Source: Housing Wire --- Referrals from past and repeat customers still generated the greatest number of inquiries for real estate firms in 2020 with 30% of brokerage business coming from this source, the same amount as in 2018, when the survey was last completed. On...
July Residential Real Estate Re-Sales Continue Double-Digit Growth
Source: Tallahassee Report --- Sales of existing single-family homes in Leon county were up 24.3% when compared to numbers sold in the same month one year ago. There were 317 single-family home resales in July 2020 and 394 resales in July 2021. Last month there were...
Spotlight on Minneapolis: How the Real Estate Industry is Working to Address the Black-White Homeownership Gap
Source: The Daily Beast --- When she began working as the CEO of the Minneapolis Area REALTORS®, Carrie Chang was shocked to learn something about her hometown: The rate of Black people in Minnesota who own homes peaked in 1950. That was before the civil rights...
Harrisburg’s Sears closing; real estate redevelopment ahead
Source: ABC 27 --- The Sears store in Harrisburg is officially closing. According to a statement from Transformco, the plan is in place in order to redevelop and reinvigorate the property.
Property, Prestige, and ‘Common Prosperity’: China’s Real Estate Market in 2021
Source: The Diplomat --- In 2017, President Xi Jinping identified “three crucial battles” for China’s development. Chief among them was reducing financial risk. Four years later, the current state of the nation’s real estate market poses the most significant threat to...
Should you call out real estate agent who put their best interest above yours?
Source: Washington Post --- Q: We recently sold our deceased mother’s home in Columbus, Ohio. The house needed quite a bit of work, was structurally sound, and was in a very desirable neighborhood. My siblings and I selected an agent after a couple of interviews, and...
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