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Kauai’s Home Market is So Hot, Buyers Are Snapping Up Properties Sight Unseen
Source:The Wall Street Journal --- Six months into the Covid pandemic, Cynthia Cook was making dinner for her family in Northern California while her husband, John Cook, planned a getaway to Kauai, the northernmost of Hawaii’s major islands. While searching for...
What a dismal jobs report means for the housing market
Source: Housing Wire --- April was supposed to be the month that proved America’s economy had definitively kicked back into full gear. After all, roughly one million jobs were added in March, roughly 40% of the population had achieved vaccination, and key sectors of...
32 Percent of U.S. Homes Considered Equity Rich in Q1
Source: The World Property Journal --- According to ATTOM Data Solutions' first-quarter 2021 U.S. Home Equity & Underwater Report, 17.8 million residential properties in the United States were considered equity-rich, meaning that the combined estimated amount of...
Housing-Market Mayhem: U.S. Home Sales Likely to Hit Record High of $2.5 Trillion In 2021
Source: Redfin --- Redfin forecasts a record $2.53 trillion worth of home sales in America in 2021—a 17% year-over-year gain that would mark the largest annual increase in percentage terms since 2013. To put $2.53 trillion into perspective, it’s roughly equal to the...
Analyzing The Price Of Housing For Your Next Real Estate Purchase
Source: Forbes --- For buyers who simply want a home in which to raise their pets, plants and kids, these are tough times. They're made harder by low interest rates, tight housing inventory and pandemic-driven desires for more rooms inside and more space outside. All...
How appraisers value homes in a hot housing market
Source: Housing Wire --- Robin Sheridan, a real-estate broker with Compass Washington, recently listed a three-bedroom home in Seattle for $795,000. The 76-year-old brick home had what Sheridan considered a “funky layout,” with two rooms added to the back that didn’t...
