Subscribe to Email News Updates
The Most Expensive U.S. Real Estate Sales For 2021
Source: Forbes --- A drop in luxury housing inventory and increased buyer demand drove the high-end real estate market to record prices in 2021, with several sales in the United States eclipsing the $100-million mark. As the pandemic continued, the ultra-wealthy...
How much do you have to earn to afford Salt Lake County’s median-priced home?
Source: KSL.com --- SALT LAKE CITY — In a matter of six years, the annual income needed in order to afford a median-priced home in Salt Lake County has nearly doubled. Let that sink in. In 2015, a median-priced home in Salt Lake County cost about $248,400. The annual...
40% Of Americans Are Considering A Move In 2022
Source: National Mortgage Professional --- Plenty of Americans are expected to move in 2022, seeking more space to accommodate their new remote working lifestyle. Nearly half of these on-the-go consumers hope to realize their homeownership dreams, according to the...
Mortgage Rates Are Surging, Hitting Highest Point Since March 2020. Will Home Prices Have To Fall?
Source: Realtor.com --- Buying a home just became a lot more expensive—and it’s expected to only get worse in the coming months. Mortgage interest rates surged to their highest point since March 2020—the earliest days of the coronavirus pandemic—indicating that the...
Office Expansions in Big U.S. Cities Outpaced Contractions in 2021
Source: The World Property Journal --- According to new data from CBRE, companies stopped standing still in 2021 when it comes to long-term real estate decisions. Office-using companies in major U.S. markets shifted to more relocations and expansions in the first...
ATTOM: Foreclosure Activity Hit All-Time Low In 2021
Source: National Mortgage Professional --- Foreclosure filings — including default notices, scheduled auctions, and bank repossessions — were reported on 151,153 U.S. properties in 2021, down 29 percent from 2020 and down 95 percent from a peak of nearly 2.9 million...
