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3 Graphs Showing Why You Should Sell Your House Now
Source: Keeping Curren Matters --- There’s no doubt that 2021 is the year of the seller when it comes to the housing market. If you’re a homeowner thinking of moving to better suit your changing needs, now is the perfect time to do so. Low mortgage rates are in your...
Experts Say Home Prices Will Continue to Appreciate
Source: Keeping Current Matters --- It’s clear that consumers are concerned about how quickly home values are rising. Many people fear the speed of appreciation may lead to a crash in prices later this year. In fact, Google reports that the search for “When is the...
Housing Affordability Still Facing Significant Challenges in U.S.
Source: The World Property Journal --- The National Association of Home Builders is reporting U.S. housing affordability weakened slightly during the first quarter of 2021 as rising material costs and supply shortages along with expected increases in mortgage rates...
Supply of homes for sale around Philly is predicted to stay low for a while
Source: The Philadelphia Inquirer --- The Roxborough twin home sold the night of a Wednesday open house, less than 24 hours after it went on the market late last month. The buyer, a single mother of three, offered cash and $15,000 over the $329,900 asking price. She...
Most Americans Now Believe It’s a Good Time To Buy a Home, Despite Soaring House Prices—Here’s Why
Source: Realtor . com --- Despite skyrocketing home prices, a majority of Americans believe now is a good time to buy a home, according to a new survey from Gallup. Some 53% of Americans believe it is a good time to buy, Gallup reported Tuesday, citing the results of...
U.S. Government Regulatory Costs Add Staggering $93,870 to New Home Prices
Source: The World Property Journal --- According to the National Association of Home Builders (NAHB), regulations imposed by all levels of government account for $93,870, or 23.8 percent of the current average sales price ($397,300) of a new single-family home in...
Zillow Looks Ready to Dominate the Online Real Estate Market
Source: Barron's --- Zillow’s first-quarter results came in strongly ahead of estimates, as Premier Agent revenue growth accelerated again, amid continued housing-market tailwinds. The Homes segment also experienced strong growth and delivered another quarter of...
How hard is it to buy a home right now? “Beyond crazy and frustrating.”
Source: CBS News --- The pandemic-era real estate market has emerged as a windfall for sellers and a headache for buyers. A shortage of for-sale homes continues to boost prices across the nation by double-digits — and is pushing house hunters to go to extremes to win...
How does our hot housing market look in America’s wealthiest county?
Source: MPA --- In America’s wealthiest county, when homes sell above list price, they sell for as much as $500,000 over asking. Kristi Hardy (pictured), VP and senior loan officer at Atlantic Coast Mortgage, has been seeing this demand firsthand in her local market...
Homes in Black neighborhoods undervalued by $46,000
Source: Housing Wire --- In analyzing more than 7 million homes sold between 2013 and the beginning of 2021, Redfin found homes in Black neighborhoods are undervalued by an average of $46,000 compared to homes in primarily white neighborhoods, the company said. The...
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