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Housing Market Update: Homebuyers Face the Fastest, Priciest Market on Record
Source: Redfin --- Homes sold faster than ever during the four weeks ending February 13, as a record 57% of homes that went under contract did so within two weeks of being listed. People buying homes now are paying more than ever before, too—a median $1,997 per...
The Portland Realtor Dealing With ‘Big-City Money’ and Only 6 Houses on the Market
Source: Curbed --- In the past year, the real-estate market has, well, gone berserk. Houses are going for millions over asking in Boise and Albuquerque. Buyers are offering to name their firstborn baby after sellers. In this biweekly series, Realtor Diaries, we hear...
Mortgage stimulus for homeowners in each state explained – can you get up to $80,000?
Source: The U.S. Sun --- The American Rescue Plan Act set aside stimulus money for states to help people at risk of losing their homes. This is known as the Homeowner Assistance Fund (HAF), which provides nearly $10 billion for states and other US territories. All...
How to Flip a House: A Beginner’s Step-by-Step Guide
Source: Point 2 Homes --- So, you’ve decided to enter the exciting world of house flipping. You’ve done your research, considered the pros and cons, and you’re ready to give it a go. But where exactly do you start? In this guide, we’ll take a look at the key steps...
4 Simple Graphs Showing Why This Is Not a Housing Bubble
Source: Keeping Current Matters --- A recent survey revealed that many consumers believe there’s a housing bubble beginning to form. That feeling is understandable, as year-over-year home price appreciation is still in the double digits. However, this market is very...
Californians are fleeing to Mexico to escape outrageous housing prices
Source: Fortune --- Southern California might be a great place to live, but the pandemic and an expensive housing market have pushed many residents to move—like, all the way to Mexico. Year-over-year home prices in the Los Angeles metro area were up 15.2% in 2021,...
How real estate agents can tap the lucrative Airbnb investing market
Source: Inman --- Airbnb property investing is quickly becoming the go-to arena for those wanting to dip their toes into a profitable market. Here's how to get in on working with these buyers.
How Did Dog Rooms Become a Thing?
Source: The Spruce --- When you bring home a new baby, it is completely normal and expected that your bundle of joy will have his or her own space, a room set up with a crib, a changing table, maybe a rocking chair for feeding and cuddling. How about when you bring...
Black buyers are getting pushed out of the housing market faster than anyone else
Source: Business Insider --- Housing affordability just hit an all time-low — and it's making homeownership especially unattainable for Black Americans. According to the National Association of Realtors (NAR), only 245,300 of the homes currently listed for sale are...
The virtual real estate boom is turning the metaverse into the Wild West. And it has the true believers on edge.
Source: Protocol --- When Artur Sychov, the founder and CEO of metaverse platform Somnium Space, turned on his webcam for our interview, I was greeted by a black lizard-like creature, standing upright and emanating a pattern of white and green light across his face...
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