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First-time Homebuyers in U.S. Expected to Rebound in 2024
Source: World Property Journal --- Based on new industry polling data by Zillow, the U.S. housing market is expected to return to pre-pandemic, 2019 norms -- at least in terms of inventory and the share of purchases made by first-time homebuyers by 2024. The dwindling...
Study: 61% of renters priced out of monthly mortgage payments in their metro area
Source: Scotsman Guide --- A recent study from Porch has revealed that 61% of renters in the largest U.S. cities can’t afford to buy a home where they live. When comparing median home prices in 260 metro areas to the income levels of renters who live there, the home...
Climbing the digital property ladder: Helping real estate brands move with the times
Source: Marketing Week --- A friend recently told me: “I’m only looking for flats in this postcode, because you can get Deliveroo.” This tongue-in-cheek comment holds more than a grain of truth. The pandemic has fundamentally changed people’s attitude towards their...
Here’s How Redfin Agents Are Helping Homebuyers Win Bidding Wars in the Most Competitive Market in History
Source: Redfin --- Nine out of 10 Redfin agents say this is the most competitive real estate market they’ve ever seen or close to it, according to a March survey of 326 Redfin agents. Supply is at a record low and buyers are competing fiercely for the homes that are...
An inside look at local housing markets across the country
Source: Housing Wire --- Local markets spotlights 5 different areas across the country, showcasing what is uniquely happening in those housing markets. Local real estate agents, loan officers and appraisers share what characteristics are currently defining their...
3 Things Most People Don’t Know About Real Estate Investing
Source:Nasdaq --- any people are familiar with the concept of buying stocks. But real estate investing is a whole different world -- and one that a lot of folks have yet to dabble in. The reality, though, is that investing in real estate is a great way to diversify...
Recent Posts
Hits and Misses for the Real Estate Week of Aug. 3-7- NYC Homeowners Sue to Delay Mamdani’s Pied-à-Terre Tax Rollout
- Historic Maine Home Available for $1, Albeit with a Catch
- Arkansas Man Sentenced for Trying to Sell Property He Didn’t Own
- Sen. Elizabeth Warren Questions Compass and MRED Over Private Listings Plan…
