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Residential real estate activity picks up despite low inventory

Housing Wire

All 12 Federal Reserve districts have seen issues with a lack of housing inventory , which is largely due to existing homeowners holding back on listing their homes after previously locking in low mortgage rates. New York – The residential sales market has been strong across the District.

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How to Become a Luxury Real Estate Appraiser

McKissock

Become a certified residential or certified general appraiser. Appraising a custom luxury home is a complex residential appraisal assignment. So, at a minimum, you must be a certified residential or certified general appraiser. Here are helpful tips on how to become a luxury real estate appraiser.

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There’s Still a Window of Opportunity To Invest in U.S. College Towns, but Move Fast and Know Where To Look

Realtor.com

In the spring of 2020, as it appeared that many college students would stay grounded in their childhood bedrooms doing coursework online, some landlords panicked and sold off rental properties in prime university markets, fearing high vacancy rates in the next semester. Thanks in part to inbound migration, Austin is also booming, experts say.

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Will the Housing Market Maintain Its Momentum?

Keeping Current Matters

Days-on-market are swift, multiple offers are prevalent, and buyer confidence is rising.” ” Yun’s insight was supported the next day when the Census Bureau released its Monthly New Residential Sales Report. It shows that newly constructed home sales are up 20.7% over the previous month.

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There’s Still a Window of Opportunity To Invest in U.S. College Towns, but Move Fast and Know Where To Look

Realtor.com

In the spring of 2020, as it appeared that many college students would stay grounded in their childhood bedrooms doing coursework online, some landlords panicked and sold off rental properties in prime university markets, fearing high vacancy rates in the next semester. Thanks in part to inbound migration, Austin is also booming, experts say.

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2022 Housing Market Year In Review: Looking Back on a Historic Year

Redfin

17 housing trends that defined the year, including record home prices and sky-high mortgage rates. The 2022 housing market was nothing short of remarkable. For the first time in history, mortgage rates doubled in the span of just one year. Mortgage rates ballooned to nearly 7% in response to record inflation.

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Austin Real Estate Market & Investment Overview 2020

Marco Santarelli

However, Austin’s engine of job and population growth is not projected to slow down anytime soon—the biggest drivers of residential real estate demand. Austin's immense population growth during the past decade has heavily impacted its real estate market. months across the MSA due to drops in both new and active listings.

Marketing 141