Current Market Data
Nationally, contract signings rose 21.4% from December 2019, with all regions reaching double-digit year-over-year increases.
Based on U.S. median one-bedroom rent, it would take 11 months to save for a 5% down payment for the median priced home in the U.S.
A new report ranks the glamour capitals of America — as well as the glamour deserts.
Miami luxury home sales surge 108.5% in December 2020
Amid demand, housing inventory sank to historic lows.
New home construction accelerating, offering supply relief as 2021 begins.
It was the 5th best month of the year and outperformed most of 2019.
More affordable metros are replacing expensive coastal areas as top drivers of home value growth.
U.S. single-family rent growth exceeded pre-pandemic rates in November, according to latest CoreLogic report.
The flight to the suburbs has become a growing preference for buyers, but renters are also finding respite in the outskirts of larger metro areas. That could help continue to drive new construction of apartments in suburbs across the country, according to a new report from Rent Cafe.
The Houzz 2021 Kitchen Trends Study highlights post-pandemic must-haves.
“Historically low-interest rates, a shortage of new housing inventory and limited new construction have contributed to rising home prices nationwide.” — Don Ganguly, senior vice president of Mynd Investor Services
The decline of home mortgage interest rates is continuing to fuel homebuying demand in December, pushing the median home-sale price up 13% nationwide to $334,300, according to a new report from online broker Redfin.
Here’s a little tidbit that might help clients decide whether or not it’s time to buy their first home — it could save them some money.
December marked the end of seven straight months of job growth.
The number of homes for sale nationwide dropped below 700,000 in December, hitting an all-time low, while home prices were up double-digits over the year prior, according to realtor.com’s Monthly Housing Trends Report.
