Real Estate News & Insights
Report: Down Payment Level Held Steady During Q3
During the third quarter, the average down payment share remained near 14.4% of the purchase price. Continue Reading Report: Down Payment Level Held Steady During Q3
Residents in Florida City Push Back at Proposed 6,000-Seat Soccer Stadium
The opponents to this effort insisted the city cannot handle a spike in traffic volume from the stadium. Continue Reading Residents in Florida City Push Back at Proposed 6,000-Seat Soccer Stadium
Real estate agents got $3.9 billion in Covid relief PPP loans. The housing market boomed, but few repaid the loans.
Source: NBC News--- While Covid was battering the U.S. economy, Gary Goldberg seems to have done OK. During 2020, the pandemic’s first year, the Santa Barbara, California, real estate agent sold more than $27 million worth of luxury homes, slightly down from the $31...
Chop, Chop! 5 Lovely Log Cabins Up for Sale Right Now
Source: Realtor --- Rustic, woodsy, the stuff of American lore: Yup, we’re describing the simple yet solid log cabin. With summer upon us, it’s no wonder we’re thinking about a rustic residence for an easy escape. These charming abodes are often found in secluded...
Why Home Loans Today Aren’t What They Were in the Past
Source: Keeping Current Matters --- In today’s housing market, many are beginning to wonder if we’re returning to the riskier lending habits and borrowing options that led to the housing crash 15 years ago. Let’s ease those concerns. Several times a year, the Mortgage...
How Homeownership Impacts You
Source: Keeping Current Matters --- June is National Homeownership Month, and it’s the perfect time to reflect on how impactful owning a home can truly be. When you purchase a house, it becomes more than just a space you occupy. It’s your stake in the community,...
These Real-Life Horror Stories of Buyers Waiving Home Inspections Will Make You Think Twice
Source: Realtor --- The real estate market might be showing signs it’s cooling off, but 1 in 4 buyers is still choosing to waive a home inspection, according to the latest numbers from the National Association of Realtors®. It has become a common tactic lately. In...
This Is the Most Sought-After Room for Homebuyers, According to One Study
Source: Apartment Therapy --- It appears a dedicated home office is not the top priority for homebuyers any longer — at least in the U.K. A new study from real estate agency Purplebricks has found that the home office is no longer the most popular room in British...
Housing Market Update: Homebuyers Regain Some Control as Supply Grows and Demand Pulls Back
Source: Redfin --- May marked a turning point in the pandemic housing frenzy, as buyers regained some control over the market. This limited sense of control comes at a great cost, as 5% mortgage rates and record-high prices have edged many buyers out of the market....
Redfin Advises Listing Sooner Rather Than Later, Pricing Slightly Below Recent Comps & Other Home-Selling Tips For a Changing Market June 2, 20
Source: Redfin --- The housing market is shifting from a red-hot seller’s market to one where buyers have some power. After nearly two years of a housing-supply shortage and bidding wars for most homes that did come on the market, higher mortgage rates and surging...
Homebuyer Competition Falls for Second Consecutive Month
Source: World Property Journal --- National property broker Redfin is reporting this week that 60.7% of home offers written by Redfin agents nationwide encountered competition on a seasonally adjusted basis in April, the lowest level since March 2021. That's down from...
‘This might be a housing bubble,’ says Dallas Fed economist—here’s an exclusive look at the latest housing market analysis
Source: Fortune --- Back in March, economists at the Federal Reserve Bank of Dallas put the real estate industry on high alert when they published a paper titled "Real-time market monitoring finds signs of brewing U.S. housing bubble." It's one thing for Redditors on...
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