By the Numbers
A new report that rent is still rising, but by much less in most cities, as a result of the COVID-19 crisis.
More than half of those working remotely said they would leave the city if they didn’t have to go into an office.
It seems 2020 will be a challenge for buyers – “not because of what they can afford but rather what they can find,” according to Realtor.com.
Also included in the report is the finding that millennials are generally unconcerned about qualifying for a home loan.
The rebound could mean an accelerating market nationwide.
NAR’s chief economist predicts a continued increase in sales if buyers have adequate inventory.
Two percent jump in housing starts nationwide could mean lower chance of recession
More than two-thirds of homebuyers believe housing availability getting harder.
NAR report: Selling without the assistance of an agent at a near all-time low
All 50 states saw a boost in prices last month. CoreLogic reports half of millennial homebuyers used retirement savings to help them purchase their first home.
The Fed cuts interest rates while a Commerce Department report notes recent economic growth was driven in part by the real estate sector.
NAR economist urges developers to consider converting vacant office space, shopping malls to condos to relieve housing shortage.
Research from Clever Real Estate shows no negative link between immigration and real estate sales prices.
Remodeling can mean quicker, more lucrative sales. Keep this quick guide handy to give clients the lowdown on NAR’s and NARI’s analysis.
The eighth annual Houzz & Home Study revealed the trends, desires, budgets and challenges of homeowners taking on remodeling projects. These takeaways will help you assist clients who are looking to upgrade their living spaces. Spending stats and project
Even though you’re in the trenches every day, buying a house is a big deal for your clients. It requires many involved steps and processes that can seem overwhelming to any buyer. And one of the more intimidating steps