U.S. Housing Market
Florida Home Sales Rise While Prices Decline
The statewide median sales price for single-family existing homes in October was $411,105, down 0.9% compared to one year ago. Continue Reading Florida Home Sales Rise While Prices Decline
Home Sales Activity Climbs in New York State
The median sales price was also on the rise, reaching $431,000 last month. Continue Reading Home Sales Activity Climbs in New York State
Gen Z Accounts for 12% of VA Purchase Loan Market
Gen Z homebuyers using VA loans are most concentrated near large military communities like San Antonio, Virginia Beach, and Colorado Springs. Continue Reading Gen Z Accounts for 12% of VA Purchase Loan Market
PNC Announces $208 Million Affordable Housing Fund
The fund includes investments from PNC and seven other financial services and insurance companies Continue Reading PNC Announces $208 Million Affordable Housing Fund
Survey: One-Third of Baby Boomers Declare They Will Never Sell Their Homes
Roughly two-thirds (67%) of baby boomer homeowners have lived in their home for 16-plus years. Continue Reading Survey: One-Third of Baby Boomers Declare They Will Never Sell Their Homes
OPINION: Tiny homes offer one solution to the housing crunch
Source: The Lewiston Tribune --- An old conservative rhetorical device is to claim that whatever problem you are facing could be solved by just “getting government out of the way.” As with most phrases that fit on bumper stickers, “get government out of the way” is...
Why the housing market is in recession in terms of sales — but not prices
Source: Deseret News --- July was an even more sluggish month for the U.S. housing market as sales of previously owned homes slipped by 6% from June and a whopping 20.2% year over year. Home prices are still high, though, with the median existing home sales price up...
Recession Watch: It Doesn’t Seem Imminent—But The Housing Market Collapse Deepens As Fed Officials Warn ‘Economy Will Slow’
Source: Forbes --- Cooling inflation has helped temper concerns of an imminent recession, particularly as the job market continues to show historic strength, but a worsening housing market collapse and vast uncertainty over the course of the Federal Reserve’s interest...
Why the rental housing market is so deeply broken
Source: Axios --- America's housing market is broken, but the deep and structural problems can't be fixed with technology. Why it matters: The U.S. is in desperate need of more high-quality rental housing. Homeownership works for many — and doesn't work at all for...
Just 2 in 10 Americans Think It’s a Good Time to Buy a Home. Here Are 3 Tips Sellers Need to Know
Source: The Motley Fool--- For the past year and change, sellers had it pretty easy given the state of the real estate market. Basically, all they really had to do was list a home, and boom -- they'd commonly be bombarded with eager buyers looking to pay above asking...
How to Recognize a Good Real Estate Agent
Source: Digital Journal --- Are you wondering how to recognize a good real estate agent? Here are some signs to look for. A good real estate agent should be personable, have a positive attitude, and be interested in helping you. The following are some traits to look...
Should You Rent Now or Wait Until the Fall?
Source: New York Times --- In the past, the conventional wisdom for renters this time of year has been to sit tight for a few weeks. But this is not a normal market. Q: Our 25-year-old daughter lives in a rental with roommates in the Fairmount section of Philadelphia....
LACKIE: Sellers in uncharted waters hoping real estate heats up in fall
Source: Toronto Sun --- You can feel it. The air is starting to get crisp in the evenings. The summer fun section at the store has quietly given way to school supplies and fall decor. September is upon us. Once upon a time that meant it was real estate season. With...
A Smaller Home for a Better Life: The Upsides of Downsizing
Life is a balancing act, and more luxuries typically mean more upkeep and obligations. To simplify your life, you might consider downsizing your home. Streamlining your housing situation will help you reduce stress and provide you with more freedom. If you’re not sure...
Renovate, don’t relocate: Priced out of perfect homes, millennials are choosing to create them instead
Source: Money Wise --- The pandemic has made a lot of people reconsider where they live and what they want and need in a home. In fact, nearly 40% of Americans are considering a move this year, and a third say the pandemic completely changed what they want in a...
Recent Posts
Hits and Misses for the Real Estate Week of Aug. 24-28- The Mortgage Market Is Healthy. That Doesn’t Mean Every Homeowner Is
- There Isn’t One U.S. Housing Market. We Need to Stop Talking Like The…
- Real Estate’s Next Fight Is Over Who Keeps the Homeowner Relationship
- More Borrowers Can Qualify for a Mortgage. That Doesn’t Make the Hous…
