Tag Archives: housing market

Top 10 Las Vegas Luxury Brokers Announced

Las Vegas real estate brokers doubled the value and amount of luxury home and apartment transactions in 2021 and the top four firms maintained their same rankings as in 2020, according to research firm BrokerMetrics, which tracks transactions of real estate agents on the Multiple Listing Service. The Las Vegas …

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How the COVID-19 pandemic has shaped the US housing market

Dean Mitchell / iStock.com The extraordinary events of the past two years make it easy to forget that the housing market was sizzling before the coronavirus hit land. Millennials — America’s largest living generation — were nearing the peak of their early years of home buying in 2019. A shortage …

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The impact of Russian-Ukrainian tensions on the US real estate market

Any drop in international real estate transactions will have little direct impact on the US real estate market. Russian foreign buyers represent less than 1% of purchases by foreign buyers and overall foreign buyers represent about 2% of existing home sales, according to NAR’s 2021 report on international transactions in …

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HOUSING CRISIS, PART 1: WHAT’S THE PROBLEM IN THE FLORIDA KEYS?

Housing is the biggest challenge facing Florida Keys residents in decades. With scarce building land, strict height restrictions, sky-high land values, second homes that sit empty most of the year, and a proliferation of vacation rentals, many full-time workers can no longer afford to live. or rent in the island …

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Falling supply and rising prices continue to challenge local buyers

By Florida Weekly Staff | to February 23, 2022 ROYAL COAST OF PALM TREESASSOCIATION OF REAL ESTATE AGENTS Competition among buyers remains fierce as scarce inventory and rising prices continued to define the Lee County housing market in January, according to figures from the Florida Gulf Coast Multiple …

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Buying is more affordable than renting in these cities

By Anna Bahney, CNN Business Across the United States, rents are rising so rapidly that in many cities, buying has become more affordable than renting, even with exorbitant house prices. The national median rental price jumped 19.8% in January from a year ago, marking the eighth consecutive month of double-digit …

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Northeast Florida real estate market shows ‘signs of moderation’ | Jax Daily Record | Jacksonville Daily Record

The housing market in northeast Florida has begun to show “signs of moderation,” according to the Northeast Florida Association of Realtors. The median sale price for a single-family home was $345,000 in January, down 1.4% from December 2021, but still 24% higher than a year ago. “The Northeast Florida real …

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City ranks least affordable in the US to buy a home

SAN DIEGO — America’s Finest City tops the list for having the most unaffordable housing market in the nation, according to a new report. This does not mean, however, that we have the most expensive houses. San Diego beat San Francisco as the least affordable city to buy a home. …

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The hottest real estate markets right now will surprise you

Despite the deep winter freeze, many U.S. real estate markets are already heat. And even though cold temperatures tend to make people dream of moving to warmer climes, a new report has revealed that the hottest real estate market in the country is currently hiding in a surprisingly cold place: …

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Naples, West Florida Cities Rank Among the Hottest Emerging Real Estate Markets in the Nation

Naples, Florida (iStock, Freepik, Illustration by Shea Monahan for the real deal) Florida’s West Coast real estate market is heating up, boosted by remote working and sunny weather. Naples ranked No. 1 and North Port was No. 2 in the Wall Street Journal/Realtor.com Emerging Markets Housing Index. Three other Florida …

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Is the Tampa Bay real estate market peaking?

Tampa Bay home values ​​are rising rapidly, raising alarm bells for economists. Lakeland and Tampa Bay are the most overvalued markets in Florida, according to a study by Florida Atlantic University real estate economist Ken H. Johnson and Florida International University economist Eli Beracha. This means that homes here are …

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5 Tips for Succeeding in a Hot Market

Here is an understatement for you: buying a house today is not like before. In fact, it’s a brand new ball game. The COVID-19 pandemic, of course, is largely to blame – bringing the economy into a loop, disrupting the supply chains that fuel homebuilding efforts, and forcing many of …

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Column: Housing blues are everywhere

Middle-class residents face a housing crisis in areas of Florida once considered affordable. In Texas, the bidding wars left some potential buyers on the sidelines. And everywhere, the combination of low inventory and investors buying homes is contributing to both higher sales prices and higher rents. It’s as if the …

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December 2021 Hottest Housing Markets

Strong points This month, Manchester-Nashua, NH is back in the top spot of the hottest real estate markets for the 8th time in 2021. The 20 hottest markets are spread across 14 states, with 4 locations in North Carolina, 3 in California, and 2 in Massachusetts. Affordability is a common …

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Real estate experts say higher mortgage rates and low home inventory will face buyers in 2022

BRYAN, Texas (KBTX) – Whether it’s the increase in the number of people working from home or these global supply chain issues, the housing market has seen great volatility due to the pandemic in over the past two years. Buying and owning a home is one of the main pillars …

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Thousands of South Florida tenants threatened with eviction – CBS Miami

MIAMI (CBSMiami) – As the housing market continues to grow, thousands of people in South Florida face eviction threats. Realtors say some landlords make unethical and sometimes illegal decisions. “People who have lived in their house 15 years, 20 years, now they are told that you have 30 days to …

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Is California to blame for soaring house prices in Idaho and Utah?

The western states of Utah and Idaho have been strong contenders for the nation’s top states for their rampaging housing markets. The metropolitan areas of Salt Lake City and Boise were recently ranked the # 1 and # 2 markets in the country, respectively, by Realtor.com for their planned markets …

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Acclaimed real estate agent Limor Zamir examines the California Association of Realtors’ housing price hikes report

LOS ANGELES, CA, UNITED STATES, Dec. 29, 2021 /EINPresswire.com/ – The California Association of Realtors predicts a cooling trend in the housing market next year, with existing single-family home sales falling and the pace price increases slowing. CAR predicts that 416,800 existing single-family homes will be sold in 2022, 5% …

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Realtor Calls Knoxville Housing Market ‘Wild, Wild West’ | WJHL

KNOXVILLE, Tennessee (WATE) – After slowing slightly in July, the Knoxville area housing market is heating up this holiday season. A record was set last month for the most November home sales in history, according to the Knoxville Area Association of Realtors. Home sales increased 9.9% from October to November …

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When homes sell in a matter of days, how do Durango real estate agents keep pace? – The Durango Herald

One says the current market is more stressful than the 2008 recession – for different reasons Todd Sieger, left, with Coldwell Banker Distinctive Properties of Durango explains the various keys that go to the house Dan and Amanda Prince bought in southeast Durango. Sieger said realtors are always found on …

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How to deal with the stress of buying a home

While looking for a home last summer, first-time buyer Xinyu Li felt emotionally overwhelmed. Several offers that she and her boyfriend made were rejected, and Xinyu compulsively checked the ads online. “It was a lot of stress and anxiety,” she says. “I had to go to therapy. Xinyu’s psychotherapist advised …

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Is there a recharge time in sight for Orlando’s buzzing real estate market?

ORLANDO, Florida – In July, the median price of a home in the Orlando real estate market, which includes Orange, Lake, Seminole and Osceola counties, broke records at $ 320,000. However, in September, and for the first time in 11 months, that number fell to $ 318,000. News 6 asked …

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Florida real estate market: Median prices higher, stocks tight in October

The Florida real estate market posted higher median prices, larger cash sales and tight inventory levels in October compared to a year ago, according to the latest housing data from Florida Realtors. “In markets across the state, inventory for sale is holding low, putting pressure on prices and also impacting …

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With US borders reopening, domestic buyers set to stay ahead of competition from foreign investors

The United States has reopened its borders to vaccinated international travelers from 33 countries, a development that is expected to have a significant impact on real estate. Throughout the Covid-19 pandemic, investments by foreign buyers in US real estate have declined due to the difficulty of travel. A report by …

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Homebuyers have the best opportunities during the holidays

CENTRAL TEXAS – If buying a home is high on your Christmas list, you’re in luck. This time of year is a great time to buy. Some buyers are looking to take advantage of a less crowded market after being hit by multiple rejections over the summer. Real estate agent …

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Best Buy, Zoom, Dell, Deere and more stocks to watch this week

Text size The end of the third quarter earnings season will bring more results from major retailers next week, just as shoppers gear up for Black Friday. On Tuesday, investors will get quarterly results from some of the biggest names in retail, including Best buy, Burlington Stores, Dick’s Sporting Goods, …

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Landlords increase rents – The Lima News

As rents continue to rise in many parts of the country, with no signs of slowing down, tenants are wondering if they have the power to negotiate with landlords when the time comes to renew their leases. It turns out that there are several ways to try to reduce a …

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Signs indicate housing market may cool, economists say

JACKSONVILLE, Florida – The real estate boom that fueled a significant increase in house prices during the coronavirus pandemic may finally calm down. Economists say there are several signs that the market may correct itself as the price of renting a house or apartment continues to climb. Financial experts are …

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Buying frenzy eats up 96% of homes for sale – Daily News

“Bubble Watch” explores trends that may indicate upcoming economic and / or housing market problems. Buzz: Frantic buyers in Southern California have apparently bought just about everything on the market this year. Source: My trusty spreadsheet looked at inventory data for existing homes in six counties in Southern California, using …

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How I finally found a new home in a tight market

When my husband and I realized last summer that since we were both working remotely we could live anywhere, we first decided to move to Colorado and pursue new construction. We found many ads for “new build” communities with images of beautiful new homes that were supposed to be “ready …

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Flood Insurance Rates of Over 1 Million Floridians Soar with New FEMA Program Coming into Force | Florida Trend Real Estate – Florida Trend

Flood insurance rates of over 1 million Floridians to rise as new FEMA program takes effect Florida businesses and homeowners are seeing double-digit rate increases of up to 45% in property insurance premiums, with insurers citing rising reinsurance costs, the “creeping loss” from the 2017-18 hurricanes and coastal flooding among …

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Corpus Christi’s real estate market is hot

The demand for housing over the past year, coupled with a historically low supply, results in sellers getting the best price and buyers, in some cases, being left out, looking in CORPUS CHRISTI, Texas – When it comes to the housing market, some have called what we are experiencing here …

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Las Vegas skyscraper market bounces back

The high-rise building market continues at an all-time high in the first eight months of 2021 and shows no signs of slowing down as real estate agents say the lack of luxury homes on the market is pushing more people into the market. luxury condos. There were 126 sales in …

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EV Tech Industry Boosts US Secondary City Real Estate

The EV (Electric Vehicle / Hybrid) technology industry is growing in strength in the United States, with sales of electric vehicles faster growing than standard cars during the first half of 2021. A new massive infrastructure law would also devote significant funds to the creation of EV charging stations, and …

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Housing market cools slightly

Aug 22 — Owensboro’s hot housing market cooled off a bit in July. But just a little. The Greater Owensboro Realtor Association says 160 homes were sold here last month. This is down from 192 a year earlier. But Jason Bellamy, president of the association, said the market is still …

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5 Houston homes listed for $ 500,000 or less

Houston Association of Realtors President Richard Miranda and Keller Williams Platinum said, “We are seeing the most dynamic Houston real estate market in history.” Obviously, he is not wrong. And while Houston certainly has its fair share of million dollar homes, let’s be realistic, this is still quite the price …

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Houses around $ 250,000 per region

Real estate experts across the state have witnessed the rapid rise of the housing market in the midst of the pandemic. Some home hunters have sought larger spaces to work from home, while some existing homeowners have held out for life, causing a out of stock which can hardly meet …

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Poll – NBC 5 Dallas-Fort Worth

In today’s competitive real estate market, buyers are rushing into transactions. Even if it doesn’t fit their budget or their needs. This causes a lot of remorse among buyers, especially among millennials. A new survey by The bank rate shows that 64% of Millennials between the ages of 25 and …

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Everything buyers and sellers need to know

The Jersey Shore housing market suffered an unexpected jolt during the pandemic as buyers in New York and northern New Jersey decided the time to move was now. The surge in economic activity – during COVID-19 no less – was a surprise, but looking back, it shouldn’t have been. Interest …

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The valuation gap war Colorado homebuyers lose

DENVER – Colorado’s real estate market isn’t just hot, it’s on fire. Bidding wars and appreciation gaps now come standard with an offer. If buyers can’t potentially bring in tens of thousands of dollars in cash at the close, they often can’t compete. The boom in the housing market didn’t …

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South Florida Residential Sales, First Quarter Price Rise

(iStock) South Florida residential sales increased in the first quarter of this year as the housing market remained warm. A lack of inventory continues to plague parts of South Florida, with the luxury sector outperforming other prices, according to the Miami Association of Realtors. In the first quarter, residential sales …

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All California Metro Home Prices Are Up

Comment House prices have increased significantly overall California metropolitan areas in the past year. The National Association of REALTORS (NAR) recently published its The data for all median home prices for all metropolitan areas in America. It shows that all of the California metropolitan areas on its list have seen …

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Florida home sales and median prices up in Q1 2021

Florida’s real estate market saw more closed sales, higher median prices and more new pending sales in the first quarter of 2021 compared to a year ago, according to the latest housing data produced by Florida Real Estate Agents. The report also found that closed sales of single-family homes statewide …

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Millennials fuel the hot housing market

SOUTHWEST FLORIDA – Millennials fuel the hot housing market. According to the National Association of Realtors, people between the ages of 22 and 40 make up the largest share of buyers at 37%, which may be good news for Southwest Florida for several reasons. “We’re really looking for something permanent …

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Sales, median prices up in Q1 2021

ORLANDO, Florida, May 11, 2021 / PRNewswire / – In the first quarter of 2021, Florida The housing market reported more closed sales, higher median prices and more new pending sales compared to a year ago, according to the latest housing data released by Florida Realtors®. Closed sales of single-family …

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North Florida housing market thrives amid pandemic

Most of the female-dominated industries have been affected in the midst of the pandemic, but some have in fact flourished. Real estate agent Latrese Hargrave shares insight into the housing market. JACKSONVILLE, Fla .– Women have been disproportionately affected by the pandemic. Sectors dominated by women such as leisure and …

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