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No Shot in the Arm: Why COVID Vaccination Rates Have Little Impact on Local Housing Dynamics
Source: Zillow --- With the widespread rollout of COVID-19 vaccines beginning in early 2021, local vaccination rates were found to have little impact on housing market performance or long-term, strategic housing decisions – but did lengthen transaction times in...
The Share of Homebuyers Looking to Relocate Is Near Pandemic Peak
Source: Redfin News--- Nationwide, 31.2% of Redfin.com users looked to move to a different metro in the fourth quarter of 2021, near the record high of 31.5% set in the first quarter. The share is up significantly from pre-pandemic levels, with 26.3% of Redfin.com...
Residential Rents in North America Rise 14 Percent in December
Source: The World Property Journal --- According to national property broker Redfin, average monthly listed rents in the U.S. increased 14.1% year over year to $1,877 in December 2021. This was the largest annual jump since at least February 2019--the earliest month...
Commercial real estate deal volume leaps nearly 90% annually in 2021
Source: Scotsman Guide --- With the entirety of 2021 now in the books, it’s safe to say that the U.S. commercial real estate market left recovery mode last year and firmly entered a certifiable boom period. Case in point: According to a fourth-quarter 2021 report from...
Home prices surged in November, but at a slower rate than in October, S&P Case-Shiller says
Source: CNBC --- Even as the housing market entered its traditionally slower season in November, home prices showed big gains from a year ago. Prices rose 18.8% year over year on the S&P CoreLogic Case-Shiller National Home Price Index. Yet that was a slower rate...
Here Are America’s Next Emerging Real Estate Markets: What Buyers and Sellers Need To Know
Source: Realtor.com--- Will big cities become the next hot housing markets for pandemic-weary buyers? As the COVID-19 pandemic dragged on, more remote communities—mainly suburbs and smaller cities—emerged as real estate victors during a time when buyers sought out...
Should You Invest in Club Store Commercial Real Estate?
Source: The Motley Fool --- As a shopper, warehouse clubs might intimidate you due to their sheer size and selection. But as an investor, there are plenty of good reasons to consider investing not only in warehouse club stocks, but in the real estate operations that...
Is Bay Area real estate the next frontier for crypto?
Source: SiliconValley.com --- The real estate listing reads like your typical Bay Area condo – a tidy, two-bedroom, one-bathroom, with upgraded appliances, granite countertops and just a 10-minute bike ride to Google headquarters and downtown Mountain View. But the...
Small: 2022 real estate predictions: Is the market about to shift?
Source: Aspen Daily News --- The incredible pandemic-induced local real estate surge of 2020 was even bigger in 2021. This past 12 months was another record-setting year for residential transactions in the Aspen-Snowmass market, with over $3.6 billion in recorded...
AG warns against real estate price gouging in wake of Marshall Fire
Source: The Denver Post --- After receiving reports that some landlords excessively raised their prices after so many Coloradans lost their homes in the Marshall Fire, Attorney General Phil Weiser urged major online real estate marketplace companies to address the...
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