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How does our hot housing market look in America’s wealthiest county?
Source: MPA --- In America’s wealthiest county, when homes sell above list price, they sell for as much as $500,000 over asking. Kristi Hardy (pictured), VP and senior loan officer at Atlantic Coast Mortgage, has been seeing this demand firsthand in her local market...
Revealed – how many Americans will work remotely post-pandemic
Source: MPA --- For all we know about our current housing market, the sources of demand, the supply headwinds and the changing financing landscape, one key variable has been unclear to us since the pandemic began: just how widespread will the ‘remote work revolution’...
Homes in Black neighborhoods undervalued by $46,000
Source: Housing Wire --- In analyzing more than 7 million homes sold between 2013 and the beginning of 2021, Redfin found homes in Black neighborhoods are undervalued by an average of $46,000 compared to homes in primarily white neighborhoods, the company said. The...
South Florida real estate market still booming in 2021
Source: Florida Trent --- The growth in residential sales is part of an overall economic boom in South Florida, led by technology and venture capital companies moving from more expensive sites in the Northeast or Silicon Valley to benefit from generally lower costs of...
Federal Aid Gives Real Estate Bankruptcy Filings Some Relief
Source: GlobeSt --- Like many things in the economy, bankruptcy filings seem to be stabilizing. Chapter 11 and real estate bankruptcy filings remained steady in the first quarter of 2021, according to the newest Polsinelli-TrBK Distress Indices Report. In Q1, filings...
Top five and bottom five real estate markets revealed
Source: MPA --- SitusAMC recently released a pair of key reports that, taken together, display just how the regional economic and real estate market landscape has shifted in America since the pandemic. Its quarterly economic measures heatmap shows a nation in...
