Real Estate News & Insights
Toll Brothers Opens Model Home for New Luxury Community in Arizona
Homes are priced from $2.5 million. Continue Reading Toll Brothers Opens Model Home for New Luxury Community in Arizona
New Fund Offers Grants to Commercial Developers Along Atlanta’s Beltline Corridor
Developers interested in the program can apply online, and applications are being accepted through Oct. 24. Continue Reading New Fund Offers Grants to Commercial Developers Along Atlanta’s Beltline Corridor
Housing-Market Mayhem: U.S. Home Sales Likely to Hit Record High of $2.5 Trillion In 2021
Source: Redfin --- Redfin forecasts a record $2.53 trillion worth of home sales in America in 2021—a 17% year-over-year gain that would mark the largest annual increase in percentage terms since 2013. To put $2.53 trillion into perspective, it’s roughly equal to the...
How appraisers value homes in a hot housing market
Source: Housing Wire --- Robin Sheridan, a real-estate broker with Compass Washington, recently listed a three-bedroom home in Seattle for $795,000. The 76-year-old brick home had what Sheridan considered a “funky layout,” with two rooms added to the back that didn’t...
Volume-hungry mortgage lenders loosen credit standards
Source: Housing Wire --- Mortgage credit availability increased by 2.2% in April as mortgage lenders fight for borrowers in an increasingly competitive market. The Mortgage Bankers Association said Tuesday that the Mortgage Credit Availability Index (MCAI) — which...
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...
