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The Fastest-Growing Cities Are in Just 2 States. Can You Guess Which Ones?
Source: Realtor --- The nation’s fastest-growing cities are more like popular suburbs located just outside of the hottest real estate markets. And they are all clustered in just two states: Texas and Arizona. During the height of the COVID-19 pandemic, smaller cities...
How to Lower Utility Bills: Energy Saving Tips & Expert Advice
Source: Point2 --- In theory, the key to reducing the cost of utilities is simple: Lower your overall usage and perform regular maintenance. But, in practice, it takes time and patience to tick off everything on the list of factors that could affect a household’s...
Home prices rose by more than 20% year-over-year in March
Source: CNN --- (CNN)US home prices continued to surge higher in March, as buyers raced to lock in homes before the average mortgage rate hit 5%. Home prices rose 20.6% in March from the year before, an even higher rate than the 20% growth seen in February, according...
Keep an eye on these ‘overvalued’ housing markets as the housing boom implodes
Source: Fortune --- Fundamental economics tells us that home price growth and income growth are interwoven. Neither can outrun the other for very long. That is what’s concerning about the pandemic’s housing boom: Over the past year, home price growth (20.6%) is four...
3 Things You Need to Know About Putting Your Home Sale on Hold
Source: Apartment Therapy --- Home sales get put on hold for any number of reasons. Maybe there’s been a medical emergency and the seller can’t continue showing at that point in time. Or maybe the seller no longer has a place to move and needs to stay in the home...
Sick of Skyrocketing Prices? Escape to These 10 States for the Cheapest Homes
Source: Realtor --- After a punishing few years, many homebuyers are simply calling it quits. And who could blame them? First, home prices began rising to dizzying heights. Then came the insanely competitive bidding wars, complete with mind-bogglingly high offers over...
Condo Construction Ramps Up
Source: Realtor Magazine --- Just like townhome demand is rising so is condo demand. The first quarter proved to be the best quarter for condo construction since the third quarter of 2008—in about 14 years, according to the National Association of Home Builders. As...
Report Shows Where Yards Get Highest Value
Source: Realtor Magazine --- When it comes to the value of a home, yards in Hawaii get the most consideration in the U.S. Living Cozy, a homeware and furniture brand analyzed the average home value and yard size in each state to identify where the size of a yard could...
Calendar: What’s driving mortgage rates the week of May 30-June 3, 2022
Source: Bankrate --- Mortgage rates are notoriously difficult to predict. They rise and fall based on market sentiment, headlines and a variety of economic indicators. Here’s a look at what could move markets this week. The major dose of economic news comes Friday,...
How to map out your real estate strategy for today’s housing market
Source: Washington Post --- You don’t have to be an avid follower of the market to know that in the past several years the price of homes has skyrocketed while the supply of properties for sale has diminished. Here are some tips for buyers and sellers to help you map...
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