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Fast-moving home sales hit 15-year high last year
Source: Marketplace --- Sales of existing homes hit a 15-year high in 2021, according to the National Association of Realtors. Last year saw about 6.1 million home sales, an 8.5% jump over the previous year. Despite the high volume of sales, inventory has remained...
US broke real estate records in 2021. Here’s where Connecticut stands.
Source: CT Insider --- Connecticut saw a shift from the norm in the 2021 residential real estate industry, as fairly steady prices morphed into a strong sellers’ market, experts said. The change occurred amid a record year for the real estate market nationally. Median...
Here’s How the White House Is Attempting to Help With the Housing Shortage
Source: apartment therapy --- The pandemic has exposed and amplified the effects of unequal access to decent, affordable housing. For many Americans who are already living on the edge, that’s where the government’s nearly $2 trillion Build Back Better bill aims to...
These are the cities where you’re most likely to see a bidding war for your home
Source: Fortune--- New data from Redfin shows that three in five homes faced multiple offers in December. That’s lower than the April highs of nearly 75%, but higher than December 2020’s 54%. And in some cities, the bidding wars are still raging. “Buyers should...
Inventory Down 40% from Pre-Covid Level as Price Growth Intensifies (December 2021 Market Report)
Source: Zillow --- There were fewer options for would-be home buyers on the market at the end of 2021 than any time in recent memory, according to Zillow’s December 2021 Market Report. And the limited supply seems to have reignited home price appreciation, as monthly...
14 Challenges Holding Your Real Estate Firm’s Social Media Efforts Back
Source: Forbes --- Social media has become a necessary tool for most businesses in the modern world. It allows quick and easy connection with potential clients and returning customers, in addition to showing off other sides to your business. Social media has grown...
