Redfin

AUGUST 3, 2023

This Redfin guide will shed light on the essential aspects of buying a home in Georgia, providing valuable insights to ensure a smooth homebuying experience in the Peach State. Check out this article to learn more about the pros and cons of living in Georgia. What’s it like to live in Georgia? year-over-year.

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Redfin

MAY 2, 2023

Colorado, the land of breathtaking natural beauty and endless outdoor adventures, is a wonderful place to call home. That’s where Redfin comes in, our ultimate guide will help you navigate the exciting journey of buying a home in Colorado. Check out this article to learn more about the pros and cons of living in Colorado.

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Redfin

MAY 16, 2023

Whether you’re a first-time homebuyer or a seasoned pro, finding and purchasing a home can be both exhilarating and overwhelming. Check out this article to learn more about the pros and cons of living in Maryland. However, buying a house is more than just a transaction; it’s a life-changing experience.

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A Student of the Real Estate Game

OCTOBER 2, 2020

Resident retention has also been abnormally high as many landlords have been less aggressive with their renewal increases and many residents have opted not to move during the pandemic due to health concerns. Median household income grew slightly in Q2 and disposable personal income increased by 9.6% from Q1 to Q2 2020. Rents down.

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Housing Wire

DECEMBER 20, 2021

Even in the extreme conditions of COVID-19, my general premise on housing economics predicted that the two variables with the most influence — demographics and mortgage rates — would hold up the housing market. The 10-year yield and mortgage rates. That range dictated that mortgage rates would roughly stay between 3.5%-4.75%.

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Point2Homes

NOVEMBER 22, 2020

The average savings rate in the last decade was 8%. Considering savings rates, median incomes and median home prices, the time needed to save for a 20% down payment in the 100 largest U.S. Homes are flying off the shelves after pent up demand. And not just any home. Of those, 14% have no savings at all.

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Housing Wire

MAY 2, 2022

This article is part of our housing market update series. While housing market trends in the first quarter of 2022 resembled the previous year’s trend — buyer frenzy, homes selling over the asking price and continued home price appreciation — much has changed in the spring, which will impact some of the previously forecasted scenarios.

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Redfin

JUNE 14, 2023

Welcome to the Tar Heel State, where the serene landscapes, vibrant cities, and rich cultural heritage await those seeking a place to call home. Check out this article to learn more about the pros and cons of living in North Carolina. year-over-year increase. If you need help figuring out where to start, Redfin has your back.

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Toronto Realty Blog

JANUARY 9, 2023

It’s just that in both cases, it’s impossible not to act accordingly… On Thursday, we looked at two huge topics of discussion for the 2023 real estate market: average home prices and a cornucopia of mortgage issues, specifically mortgage renewals, trigger rates, and interest rates. Is that a lot?

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Marco Santarelli

FEBRUARY 24, 2023

The Pasadena housing market is currently in a seller's market with limited supply and high demand from buyers, which is driving up the prices. Current Pasadena Housing Market Trends As of January 2023, the median sale price of homes in Pasadena was $1.1M, which is a 2.2% decrease from last year. decrease from last year.

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McKissock

DECEMBER 26, 2021

For homeowners, much of 2020 and 2021 were spent refinancing their current mortgage rates and enjoying lower monthly mortgage payments. And, who could blame them with federal funds rates as low as 0.25% when the pandemic began, pushing mortgage rates to historic lows?

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HomeLight

FEBRUARY 24, 2023

DISCLAIMER: This article is meant for educational purposes only and is not intended to be financial or legal advice. The median sale price for a single-family home in Florida in Q4 of 2021 was $365,000, and it went up to $400,000 in Q4 of 2022, a 9.6% increase, according to research by Florida Realtors.

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Marco Santarelli

OCTOBER 2, 2020

This article has been updated to reflect recent changes in the Atlanta real estate market due to COVID-19. The higher the index value, the higher the level of recovery. The median residential sales price for all properties has increased by 11.64% to $275,000 compared to the previous year. The Atlanta metro area is up 4.9

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Marco Santarelli

AUGUST 10, 2020

Austin housing market has been impacted by the pandemic which led to a decline in home sales due to critically low levels of housing inventory. After two months of sharp declines, home sales in the Austin-Round Rock MSA rebounded this June with a 9.3% increase year over year, which helped hold sales to only a 5.2% to $325,200.

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Marco Santarelli

SEPTEMBER 17, 2020

Despite the COVID pandemic causing huge unemployment and impaired consumer confidence in real estate buying and selling, the Kansas City housing prices are soaring. Based on the FHFA all-transactions home price index, typical home values in the Kansas City MSA in the 2nd quarter of 2020 rose by 4.8 year-over-year.

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Marco Santarelli

JULY 29, 2020

Portland buyer traffic increased about 40% from March but it was still down about 30% from April of the previous year. month supply of homes for sale, which was steady with April 2020?s month supply but an increase from March 2020?s Portland is a very ethnically-diverse city and home to around 600,000 people. s $477,400.

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HomeLight

FEBRUARY 24, 2023

DISCLAIMER: This article is meant for educational purposes only and is not intended to be financial or legal advice. The state topped the country’s list for top job growth rate and it’s seeing a growing influx of people moving to the area. Texas experienced a 15.91% increase in population size in 2022, according to Moving.com.

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Marco Santarelli

AUGUST 5, 2020

Here are the updated national housing market trends— home prices, inventory, sales, and forecast. The pent-up demand drove the home prices up 8.1 In fact, in just the second quarter alone, the housing demand went from being down 41% to up 40% year-over-year. point increase over last week and bringing the index 3.7

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Marco Santarelli

AUGUST 26, 2020

Despite the economic downturn and disruptions stemming from the coronavirus pandemic, the Seattle housing prices are keeping strong and steady. Despite a significant increase of more than 24% in new listings, the inventory was at a 10-year low for July. There are far more buyers than there are available homes for sale.

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Marco Santarelli

SEPTEMBER 10, 2021

Cincinnati is a sizzling hot housing market due to low housing inventory and relatively higher demand. 2021 started strong with an increase in home-buying activity in the Greater Cincinnati housing market. Low-interest rates and a scarcity of inventory continue to benefit sellers in this strong market.

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Marco Santarelli

NOVEMBER 10, 2020

The Boise housing market is a scorcher and is being fueled by low mortgage rates and limited supply compared to demand. Home prices in Ada County were up again in September. The overall median sales price, including existing and new home sales, reached $409,945 last month, an increase of 17.2% A supply of 0.4

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Marco Santarelli

SEPTEMBER 11, 2020

The real estate market has reached record high prices with a lack of homes for sale. The Colorado Springs real estate market is facing a severe lack of inventory, with 50% fewer homes available for sale than at this same time last year. In August, home sales in El Paso county increased by 13.3% higher than last year.

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Marco Santarelli

SEPTEMBER 14, 2020

The number of homes sold within Dallas County has shown a double-digit increase of 20.7% The median price also increased by 15.3% months supply of homes for sale in Dallas County, which is well below what’s considered to be a balanced real estate market. On average, homes in Dallas, TX sell after 58 days on the market.

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Marco Santarelli

JULY 27, 2020

This article has been updated to reflect recent changes in the housing market of Sacramento due to the coronavirus pandemic. Home sales have improved consistently over the last six weeks and prices appear to be increasing as well. In June, the median sales price increased 5.1% The Months of Inventory increased from 1.4

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Marco Santarelli

JULY 24, 2020

This article has been updated to reflect recent changes in the housing market of San Francisco due to the coronavirus pandemic. San Francisco was the only county in the region with an increase in active listings. In June, the median sold price of existing single-family homes in San Francisco increased by 2.4%

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Marco Santarelli

SEPTEMBER 22, 2020

The Chicago housing market recorded positive month-to-month and year-over-year increases in both prices and sales, reversing two months of declines in sales, a great sign that the market is bouncing back from the COVID-19 pandemic. The median price in July was $277,000 in the Chicago Metro Area, an increase of 6.9 in July 2019 to 4.3

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Marco Santarelli

AUGUST 21, 2020

The other three counties saw a significant year-over-year increase in sales—Palm Beach (+9.35%), Martin (42.6%), and St. The median sales price in the Greater Miami housing market which comprises of Broward, Miami-Dade, and Palm Beach counties increased by 5.5% The median list price of homes in Miami, FL was $380K, trending up 4.1%

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Marco Santarelli

SEPTEMBER 21, 2020

Home prices are rising across the Southern California housing market despite the pandemic. For sellers, now is the opportune time to put their San Diego home up for sale. Inventory is low, prices are rising, and pent-up demand alongside low mortgage rates has the market flooded with homebuyers.

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Marco Santarelli

SEPTEMBER 7, 2020

After a big slump in real estate sales and activity during April, May, and June, home sales have bounced back in the Metro Orlando housing market. The median sales price in Orlando for all home types sold in July was $270,000, which marked a 9.2% increase year over year. increase year over year. year over year and up 18.6%

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Marco Santarelli

AUGUST 27, 2020

Houisng prices are at record levels, with historically low-interest rates, strong demand, and tight housing supply. According to the association of local realtors (LVR), July had the most amount of home sales since 2017 with more than 4,000 existing homes sold. Closed sales increased by 34.9 It was a 1.5

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Marco Santarelli

NOVEMBER 17, 2020

Despite the pandemic led economic slowdown, there is healthy demand to purchase homes in the Nashville real estate market. Another factor of increase in the out-of-state homebuyers is that Tennessee is one of only seven states that does not impose an income tax and one of two that doesn’t collect tax on earned income.

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Marco Santarelli

SEPTEMBER 21, 2021

Also, of notable mention is the fact that the in the Detroit housing market , the median house value has increased to 40% since 2017. The statewide data on residential homes from the 42 regional listing boards that comprise the Michigan Association of Realtors show that the average sales price increased 11.79

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Marco Santarelli

SEPTEMBER 5, 2020

As we saw Arizona real estate market thriving & becoming sizzling hot in the past couple of years, even the rise in mortgage rates was believed not to affect it. We've been seeing real estate appreciation rates increasing year-over-year in the entire metro area. In July, the median sales price — up 3.3%

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Marco Santarelli

JULY 30, 2020

Home sales dropped over the past couple of months but prices remain high. In June, we saw a rebound in home sales. In Metro Los Angeles, home prices rose $18,000 or 11.6% All the six counties of southern California saw an increase in sales as compared to May. Los Angeles is home to around four million people.

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Marco Santarelli

AUGUST 4, 2020

This housing market has been impacted by the pandemic and slumping oil prices which led to a decline in home sales down. However, the market conditions are showing some signs of improvement due to growing consumer interest and pent up demand after two months of continuous decline in sales. in home values over the next 12-months.

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Marco Santarelli

SEPTEMBER 8, 2020

percent increase in pending sales for the month. Total sales (closed) during July increased 35.4 A decreasing supply of inventory is making it difficult to keep up with strong pent up demand from buyers. On average, they could sell homes for 96.25% of the listing price–just 3.75% below asking price.

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Marco Santarelli

AUGUST 3, 2020

San Antonio housing prices rose by around 5% in the last year due to strong demand. Before this pandemic hit the nation, even though the San Antonio housing market had cooled off a bit, the home values were expected to climb but at a slower pace in 2020. This further demonstrates the ongoing supply of homes as they sell.

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