Housing Market Will Stay ‘Hot’ in the New Year
There’s no shortage of people ready, willing, and able to buy homes, according to the latest report from Redfin. In fact, the four-week period ending on December 13 has shown… Read more »
Category: Housing Market
Buffini Makes ‘Bold Predictions’ About Upcoming Year’s Real Estate Market
It’s safe to say that 2020 threw everyone for a loop. The coronavirus pandemic has impacted the lives of billions of people worldwide, and perhaps the most surprising element of… Read more »
Future of remote work unclear, according to NAR
Since the pandemic caused many employers to shift employees to remote work – some indefinitely – homeowners have left cramped spaces in large cities and retreated to more suburban and… Read more »
Luxury housing market inspires ‘total frenzy’ in vacation-home boom towns like Aspen, Palm Beach and Lake Tahoe
In the third quarter, luxury home sales jumped 41.5%, the biggest year-over-year shift since 2013, according to Redfin. And while real estate agents repping luxury homes aren’t seeing as many… Read more »
Mortgage Rates Hit New Low
The average rate for the 30-year fixed-rate mortgage reached another new low, with the average rate coming in at 3.15%, according to Freddie Mac. “The 30-year fixed-rate mortgage has again… Read more »
2020 Is in for More Ups and Downs, Says Realtor.com®
The year has already had its fair share of ups and downs, but a new 2020 housing forecast from realtor.com® says there’s more of that coming. A rebound is in… Read more »
Mortgage rates fall to an all-time low
The average U.S. rate for a 30-year fixed mortgage fell to 3.29% this week, the lowest ever recorded by Freddie Mac in a series that goes back to 1971. The… Read more »
U.S. home prices rise by 4% in December
Be forewarned! Not every home in every market went up by exactly this amount! to get a better grasp of whats going on in your neighborhood contact us via the… Read more »
Record number of renters believe renting is more affordable than owning
A recent report from CoreLogic showed that home prices increased 4% year over year in December, and projected the U.S. price index will rise by 5.2% by December 2020. As… Read more »
In 94 Percent of Major Markets, Home Prices Up
Across the country, home prices remain on an uptrend, escalating in 94 percent of major metropolitan regions, according to the latest National Association of REALTORS® quarterly report, based on findings… Read more »