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U.S. Home Seller Profits Soar Again In 2021 As Prices Shoot To New Records
Source: ATTOM --- IRVINE, Calif. – Jan. 27, 2022 — ATTOM, curator of the nation’s premier property database, today released its Year-End 2021 U.S. Home Sales Report, which shows that home sellers nationwide realized a profit of $94,092 on the typical sale in 2021, up...
Prices For Consumer Goods Are Rising Quickest in America’s Top Migration Destinations
Source: Redfin News--- The most popular U.S. migration destinations tend to have high rates of inflation. Atlanta, the 10th most popular migration destination in the fourth quarter, saw prices of goods and services increase by 8.9% year over year during the same...
Homebuyers are so desperate that many would pay up to $100,000 over budget for their dream home
Source: Fortune --- The housing market is so tight right now that one out of four prospective homebuyers is willing to go as much as $100,000 over budget if it means living in their dream home. That’s according to a new study released this month from the...
Pending Home Sales in U.S. Slide 3.8 Percent in December
Source: The World Property Journal--- According to the National Association of Realtors, pending home sales fell in December 2021, denoting two straight months of declines. All four major U.S. regions posted both month-over-month and year-over-year drops in contract...
‘It’s anguish, it’s pain, it’s agony’ – here’s what it’s like to shop for a home in today’s tight housing market
Source: CNBC --- The nation’s housing market has never been this tight, which is frustrating enough for house hunters, but now they have another problem. Mortgage rates, which have hovered around record lows since the start of the Covid pandemic, are now rising. It’s...
The Hottest Real Estate Markets in 2022
Source: Islander Media Group, Inc. --- In 2022, housing markets across the U.S. are still experiencing the unprecedented demand that arose during the early stages of the pandemic nearly two years ago. According to the National Association of Realtors, home values...
