Real Estate News & Insights
One in Six Home Sellers Dropped Their Asking Price
The typical home that sold in August went for 3.8% less than its original asking price—the steepest discount for that month since 2019. Continue Reading One in Six Home Sellers Dropped Their Asking Price
Toronto Home Sales and Listings Rise While Prices Drop
A rate cut by the Bank of Canada was credited with the new activity. Continue Reading Toronto Home Sales and Listings Rise While Prices Drop
How much 2022 home prices are forecast to shift in each of America’s 100 largest markets
Source: Fortune --- That deceleration could be the start of a bigger cool down. At least that's what Realtor.com, a real estate listing site owned by News Corp., is forecasting. By the end of 2022, the site is predicting U.S. home values will climb just 2.9% as rising...
Real estate agents band together for recovery in tornado-stricken states
Source: Inman --- Tornadoes ripped through at least six states Friday evening through Saturday morning, wreaking havoc and destruction across more than 220 miles of towns in Kentucky, Tennessee, Mississippi, Illinois, Missouri and Arkansas. Showing no mercy, the...
The West’s housing crunch began over a decade ago. Here’s why
Source: KSL.com --- LAS VEGAS — As Western states, including Utah, Idaho, Arizona and Nevada, cap off two years of record-breaking home sales and price increases, it's important to note the West's housing crunch began long before the COVID-19 pandemic threw the...
Vacation Home Markets in the U.S. Remain Strong
Source: The World Property Journal --- Suburban Housing Shift Eases in the Third Quarter Based on new findings of the third quarter National Association of Home Builder's Home Building Geography Index, the suburban shift for single-family home buying precipitated in...
5 luxury real estate trends to watch in 2022
Source: Inman--- We’ve never lived through a year like 2021 – an astonishing statement, considering we were all expressing a similar sentiment around this time last year. The luxury real estate buying boom that began in 2020 escalated in 2021. Insatiable demand...
Hawaii’s ultra-luxury real estate market smashes records, as sales soar 600%. Here’s what’s selling
Source: CNBC --- Hawaii’s luxury real estate market is soaring to all-time highs fueled by several factors including pent-up demand from the coronavirus pandemic, record low interest rates and rising equity markets. In the first three quarters of this year, homes...
Here’s Where Home Prices Are Headed in 2022, According To Experts
Source: Yahoo--- No doubt about it — the real estate market has been white hot in 2021. But if you didn’t make a move this year, and you’re thinking about buying or selling — or both — next year, you’ll want to know what to expect. As of Nov. 10, the 30-year fixed...
Why Austin, TX, Commercial Real Estate Has The Attention Of Institutional Investors
Source: Forbes --- After nearly a year and a half of living with Covid-19, many households have gone through long-term lifestyle changes, such as career reorientation and cross-country moves. New opportunities brought out by the pandemic, especially the sudden...
The Ultimate Seller’s Market: 10 Housing Records Set in 2021
Source: Redfin--- 2021’s housing market has been, in a word, remarkable. The coronavirus pandemic and the resulting surge in remote work have changed where, when, why and how people buy homes. This past year, home-sale prices hit the highest median of all time, the...
Savannah pet rescue receives a real ‘treat’ from real estate Santa party
Source: Fox 28--- SAVANNAH, Ga. (WTGS) — Savannah’s real estate agents came together with their dogs for an annual Christmas party and Santa Photo opp. This year, they invited a few extra pups from Coastal Pet Rescue to accept a donation on behalf of the rescue. Dicky...
