Real Estate News & Insights

Homes in Black neighborhoods undervalued by $46,000

Homes in Black neighborhoods undervalued by $46,000

Source: Housing Wire --- In analyzing more than 7 million homes sold between 2013 and the beginning of 2021, Redfin found homes in Black neighborhoods are undervalued by an average of $46,000 compared to homes in primarily white neighborhoods, the company said. The...

South Florida real estate market still booming in 2021

South Florida real estate market still booming in 2021

Source: Florida Trent --- The growth in residential sales is part of an overall economic boom in South Florida, led by technology and venture capital companies moving from more expensive sites in the Northeast or Silicon Valley to benefit from generally lower costs of...

Top five and bottom five real estate markets revealed

Top five and bottom five real estate markets revealed

Source: MPA --- SitusAMC recently released a pair of key reports that, taken together, display just how the regional economic and real estate market landscape has shifted in America since the pandemic. Its quarterly economic measures heatmap shows a nation in...

Desperate buyers are going to extremes to land a home

Desperate buyers are going to extremes to land a home

Source: CNN --- With the inventory of homes for sale historically low and prices higher than ever, the battle to buy a home has been taken to a whole new level. The number of available homes to buy in April dropped by 40% from a year ago and 50% from 2019, according...

How Covid Has Reshaped Real Estate From New York to Singapore

How Covid Has Reshaped Real Estate From New York to Singapore

Source: Bloomberg ---  The retreat from major cities has been the pandemic’s big real-estate story — but that doesn’t mean metropolitan house prices have suddenly got cheap. From New York to London to Sydney, ultra-low interest rates and vast government fiscal support...

Lenders, economists question first-time homebuyer bills

Lenders, economists question first-time homebuyer bills

Source: Housing Wire --- While the first-time homebuyers welcomed news of a down payment assistance grant or tax credit, the mortgage industry and housing experts expressed deep skepticism. Two proposals under consideration in Congress aim to give first-time...

How Does A Real Estate Crash Affect Your Portfolio?

How Does A Real Estate Crash Affect Your Portfolio?

Source: Forbes --- The public perception is that as the economy and the housing market go, so does the rest of the real estate market. With anxiety over a potential housing crash, what would be the possible effect on your portfolio? For insight, let's look back to the...