Trends
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“If sky-high prices continue to lure more sellers into the market, it could prompt the inventory rebound we’ve been waiting for — which would be welcome news for frustrated buyers.” — Javier Vivas, director of economic research for realtor.com
“Increasing house price appreciation in suburban zip codes points to higher demand relative to supply in the suburbs but does not necessarily indicate what’s fueling the demand,” the study notes.
The cancelation of Art Basel this year has led many developers and brokers who depend on the event for sales to think outside the box by bringing art directly to their projects.
The work from home phenomenon — and the need for a dedicated home office— is driving demand for more space among both buyers and renters.
The suburbs are becoming more alluring to residents of major cities as the COVID-19 pandemic continues into autumn.
The 2010 decade grew the amount of overall building conversions from about 2,000 units converted in the 1950s to roughly 97,000 over the last decade.
South Florida real estate has fared far better than New York during the pandemic, largely because New Yorkers are moving to South Florida. Dawn Pfaff, president of My State MLS, weighs in with the data.
This year, buyers encountered a 21% decrease in listings from the beginning of 2020, along with a 17% price increase to about $20,000 more than anticipated.
“Based on the rising popularity of the burbs, some buyers might think they can catch a break by searching in the city, but unfortunately that’s not the case,” realtor.com Chief Economist Danielle Hale said.
Sustainable practices in real estate can increase sales and boost the community, according to a new study.
It was another week of firsts with the increase in home prices more than doubling the rate recorded in January 2020.
A new report by Redfin shows counties of both political stripes are benefiting from a booming real estate market. See how the numbers break down.
A new report from RCLCO says the single-family rental market is likely be undersupplied over the next 10 years, presenting a strong opportunity for investors, builders and developers to create new rental home communities.
RE/MAX home sales across the nation were up 4.3% year over year, making it the third best month for home sales in the 13-year history of the report.
A new report from the financial website Wallethub ranks each state on COVID-19 restrictions.
The biggest players in the iBuyer market closed up shop at the beginning of the pandemic, and a new report shows the numbers.
