Existing-home sales rose 1.5% month-over-month in September 2025, reaching a seasonally adjusted annual rate of 4.06 million, according to the National Association of Realtors (NAR). On a year-over-year basis, sales increased 4.1%, reflecting sustained demand across much of the country. Lawrence Yun The gains were concentrated in the Northeast, South, and West, while the Midwest…
Single-family rent prices across the U.S. edged up just 1.4% in August 2025 compared with a year earlier, marking the slowest annual growth in more than 15 years, according to Cotality’s latest Single-Family Rent Index (SFRI). This pace is less than half the 3% increase recorded in the same month a year ago. “Annual single-family…
Hong Kong’s office sector showed signs of recovery in the third quarter of 2025, led by heightened leasing activity from IPO-driven and wealth management tenants, according to JLL’s latest Preliminary Market Summary. Total net absorption jumped 137.5% quarter-on-quarter to 646,000 square feet, reversing a subdued first half. Vacancy rates edged lower to 13.4% in September…
According to a new report from Redfin, the U.S. housing market lost more steam in September 2025, as elevated borrowing costs and growing inventories pushed seller competition to its weakest level in six years. Just 25.3% of homes sold last month went for more than their final list price, down from 28.5% a year earlier…
Apartment Construction Catches up with Renter Demand In a significant shift for the rental market, Americans looking for apartments are seeing more breathing room — a development reflective of growing supply and waning pricing pressure. New data from Zillow shows that renter-affordability has improved for the first time in four years, driven by slower rent…
Selling your home in Kentucky can feel overwhelming, especially if you’re looking to make a quick sale. Fortunately, finding a cash home buyer in Lexington can speed up the process, providing you with a faster and more straightforward transaction. If you’re ready to move on from your current property without the usual hassle, this guide…
When the time comes to move, you want the highest proceeds from your home sale. It’s likely you need these funds to help purchase your next house, so every penny counts. To save on agent commissions, some enterprising homeowners in Connecticut decide to take control of their home sale and figure out how to sell…
Selling your house fast isn’t always easy, but cash homebuyers in Minneapolis can simplify the process. Whether you’re relocating for a job, downsizing, or simply need to sell fast, a cash buyer can provide a hassle-free solution. Minneapolis is a top real estate market with its steady job growth, population gains, and relatively affordable housing.…
Selling a home fast can feel overwhelming, but cash homebuyers in Minnesota can make it possible, simplifying the process by providing instant offers. Whether you’re relocating for a job, downsizing, or simply need to sell fast, a cash buyer can provide a hassle-free solution. Sell Your Minnesota House Fast With an All-Cash Offer Get an…
Are you preparing to sell your Idaho home? Some intrepid homeowners in the Gem State are eager to take the reins of their home sale and figure out how to sell a house by owner. However, their numbers are few. While millions of homes are sold annually, only about 6% of sellers choose the “For…
Six months ago you purchased your new home and just finished unpacking. Suddenly, your boss offers you the perfect dream job — in another state! Now you have to repack, sell your house, and move after living there less than a year, facing various financial challenges. Of course, the biggest question on your mind is:…
If you need to sell your house quickly, working with a “We Buy Houses” Warren company might be the solution you’re looking for. These companies make all-cash offers for homes, even those needing some work. This allows you to skip the lengthy and often stressful traditional selling process. A cash sale is ideal if you…
Divorce is difficult. Selling a home is difficult. Trying to navigate both with a partner who vehemently disagrees with you is another level of stress entirely. While you might be jumping to get a court order at the first sign of an impasse, our conversations with real estate experts and a reputable divorce attorney would…
Selling your home in Louisiana can feel overwhelming or nearly impossible, especially if your property needs repairs and you lack the time, expertise, or money to address them. That’s where “We Buy Houses” Shreveport companies can step in. These companies will pay cash for properties in almost any condition, usually providing an offer in a…
Looking to sell a house as-is in Indiana? Whether you’ve got a fixer-upper or recently inherited a relative’s home, sometimes the goal is to skip repairs, get a fair offer, and move on. According to Indiana real estate agent Jesse Allen, the biggest reason he sees people try to sell their homes as-is in Indiana…
The National Association of Realtors (NAR) reported a rise in U.S. existing-home sales in the full month of November 2024. Sales increased in three major regions and held steady in the West. Year-over-year, all four regions saw sales growth. Total existing-home sales — including single-family homes, townhomes, condominiums, and co-ops–rose 4.8% from October, reaching a…
This week, the Federal Reserve reduced its key interest rate by a quarter percentage point, marking the third consecutive cut and signaling a cautious outlook for future reductions. As widely expected by markets, the Federal Open Market Committee (FOMC) lowered the overnight borrowing rate to a target range of 4.25%-4.5%. This brings the rate back…
Investing in vacation rental properties should never be a prompt decision. It requires a thoughtful decision-making process to ensure that you are getting a good return on investment (ROI). There are several factors like choosing the right location, accommodating the customer’s demands, and calculating the operational costs to figure out a viable option. Moreover, you…
Builder sentiment remained consistent at the close of 2024, as elevated home prices and mortgage rates balanced builders’ optimism about a potential improvement in the regulatory business environment by 2025. Reflecting this optimism, builders reported heightened expectations for increased sales in the coming months. In December 2024, builder confidence in the market for newly constructed…
With the 2024 Presidential election fast approaching, you might be wondering what impact, if any, it’s having on the housing market. Let’s break it down. Election Years Bring a Temporary Slowdown In any given year, home sales slow down slightly in the fall. It’s a typical, seasonal trend. However, according to data from BTIG, in election years there’s…
According to Redfin, the typical U.S. home seller pays a 2.55% commission to the real estate agent hired by their home’s buyer. That’s down from an average of 2.62% in January 2024. Commissions have been gradually declining over the last few years, from an average of 2.89% in 2013 to 2.66% in 2023. But news…
The Brickell area of downtown Miami’s office market has seen rental prices soar to new heights due to intense demand from blue-chip companies based in New York, Chicago, Los Angeles and Latin America seeking premium office locations, surpassing the available supply. Brazilian bank Banco Master has secured the final 26,000 square feet in the prestigious…
Hotel investments account for 40 percent of all commercial transactions in Japan Global property consultant CBRE reported this week that Japan’s commercial real estate transaction volume for Q2 2024 decreased by 25% year-over-year to JPY 663.0 billion. Significant hotel transactions boosted the sector’s acquisition volume to JPY 280.0 billion, which is about 2.6 times the…
Veteran media and technology entrepreneur Michael Gerrity announced this week that Miami will be the future headquarters of his new global real estate information services company startup in 2025 — WORLD PROPERTY MEDIA. WORLD PROPERTY MEDIA is the parent holding company for a portfolio of three globally emerging real estate information platforms (news, streaming and…
Based on new data by the National Association of Realtors, pending U.S. home sales in June 2024 ascended 4.8%. All four U.S. regions posted monthly gains in transactions. Year-over-year, the Northeast, Midwest and South registered declines, while the West increased. The Pending Home Sales Index (PHSI) – a forward-looking indicator of home sales based on…
A new report from CBRE reveals that ongoing power shortages are creating opportunities for development in emerging global data center markets and driving up rents in established markets worldwide. Companies aiming to secure data center capacity are increasingly investing in emerging markets like Northern Indiana, Boise (Idaho), Mumbai (India), Rio de Janeiro (Brazil), and Oslo…
Based on Freddie Mac’s latest Primary Mortgage Market Survey, the U.S. 30-year fixed-rate mortgage averaged 6.86 percent as of June 27, 2024. Sam Khater “The 30-year fixed-rate mortgage continues to trend down, hitting the lowest level in almost three months,” said Sam Khater, Freddie Mac’s Chief Economist. “By historical standards, the economy is in good…
According to the National Association of Realtors, U.S. Pending home sales in May slipped 2.1 percent. The Midwest and South posted monthly losses in transactions while the Northeast and West recorded gains. Year-over-year, all U.S. regions registered reductions. The Pending Home Sales Index (PHSI) – a forward-looking indicator of home sales based on contract signings…
Seattle, Orlando and Anchorage top travel destinations in 2024 Based on recently released AAA projections, 70.9 million travelers will journey 50 miles or more from home over the Independence Day holiday period in 2024. This year’s projected number of travelers represents a 5% increase compared to 2023 and an 8% increase over 2019. “With summer…
According to CBRE, the hotel market in the Asia Pacific region is undergoing significant structural changes. Hotel owners and operators are adjusting their operational and branding strategies in response to increased labor and utility costs, limited new supply, and the extended peak of the interest rate cycle. Major global hotel operators are expanding rapidly in…
Changing your name often reflects a big change in your life. Whether you’re celebrating a marriage, finalizing a divorce, dealing with the estate of a loved one, or embracing a fresh start, knowing how to change your name on a deed can help you move forward. Perhaps this need has arisen as you’re preparing to…
Many homebuyers today are not just shopping for a house; they’re shopping for a community that reflects their desired lifestyle. A PUD home, meaning a planned unit development property, offers shared amenities, such as a neighborhood clubhouse, swimming pool, parks, tennis or pickleball courts, and a gated entry. But a PUD property also offers something…
In Deerfield Beach, “We Buy Houses” companies are known for making all-cash offers on homes that may need a bit of TLC. For homeowners who find themselves strapped for time, lacking the expertise for home repairs, or short on funds to get their property market-ready, a cash sale presents an easy way out of a…
In Tuscaloosa, “We Buy Houses” companies are known for making all-cash offers on homes that may need some work. For homeowners who find themselves strapped for time, lacking the expertise for home repairs, or short on funds to get their property market-ready, a cash sale can be a lifeline. A cash sale can often be…
Your home is likely one of your most valuable assets. U.S. homeowners saw a significant rise in equity in 2023, with the average homeowner gaining roughly $24,000 over the previous year, according to the CoreLogic Homeowner Equity Insights report from Q4 2023. If you are considering selling your home, you’ve probably wondered a lot about…
Buying a home is rarely done with casual disregard. You’ve planned, juggled finances, worried about finding the right house, and then you finally sign a contract. But what happens if you’re now facing the decision of submitting a buyer cancellation of the purchase agreement? In this guide, we’ll break down what you need to know…
If you’re looking to sell your home in Lancaster, Pennslyvania, whether it’s a ranch-style home that’s a little outdated or a split-level home in need of foundation repair, a “We Buy Houses” company could help you cash out quickly. This option can be particularly appealing if you’re short on time, expertise, or funds to get…
Thinking of selling your house in Farmington, Connecticut? The traditional method of selling on the open market isn’t your only option. “We Buy Houses” companies offer all-cash deals to sellers in a variety of situations, from adult children who inherited an estate to homeowners facing foreclosure. If you’re short on time, expertise, or funds to…
Low inventory, elevated home prices, and high interest rates are making it harder to unlock the door to homeownership. Hopeful buyers often discover that the key to this door is getting past the upfront costs required to buy a house. For many, the solution lies in a “seller assist.” But what exactly is a seller…
For most homebuyers and refinancing homeowners, the traditional 30-year fixed-rate mortgage is often the default loan option they use to purchase a house. But there are other types of mortgages and term lengths available. A phrase you might hear in real estate lending circles is “10 over 30 mortgage.” But what exactly does choosing a…
In a competitive seller’s market, coming to the table with a cash offer — rather than traditional financing — can give you an advantage over other potential buyers. Home sales declined significantly in 2023 due to a combination of high mortgage rates, low inventory, and rising prices, but the demand for all-cash offers has persisted.…
If you’re planning a move to a new location, it’s likely you’re calculating costs — everything from the price of a home and groceries to what your new electric and water bills might look like. You’ve probably heard the phrase “cost of living” thousands of times, but as you review your finances, you may be…
Sometimes you come across a home for sale that checks off every box on your list, but the listing status says that it’s “under contract” or “sale pending.” Crestfallen, you move on and hope you’ll find an equally amazing home. But what does “under contract” mean in real estate? Can you still make an offer…
House hunting has become so much more than finding four walls and a roof to live under. For some, it’s become a full-fledged hobby. If you’re addicted to scrolling house buying apps but were sidelined by 2023’s high mortgage rates, we’ve got good news for you: The National Association of Realtors (NAR) is predicting a…
Buying a house in the U.S. is expensive, but most homeowners and potential buyers know that it’s worth it. Whether you’ve been priced out of homeownership in your current state, are looking to settle somewhere with a lower cost of living, or want the most bang for your buck when it comes to your dream…
Las Vegas home prices rising while inventory shrinks Based on new data from Las Vegas Realtors, housing supply continued to shrink in November 2023, while fewer homes are selling and prices are higher than the same time last year. LVR reported that the median price of existing single-family homes sold in Southern Nevada through its…
Climate change ranked second biggest luxury housing market risk in 2024 Based on new data by Kate Everett-Allen, head of international residential research at Knight Frank, despite 2 regional wars, rising mortgage rates and inflation, global economies have displayed surprising resilience, with recent inflation figures suggesting a turning point. While two major geopolitical crises unfold,…
Redfin makes multiple U.S. housing market predictions for 2024 National property broker Redfin says there are new signs pointing to a shift toward a buyer’s market in 2024, as pandemic-driven inflation takes its last gasps, mortgage rates come down and more people list their homes for sale. That’s according to annual end-of-year predictions from Redfin’s…
According to the Mortgage Bankers Association’s Weekly Mortgage Applications Survey for the week ending December 1, 2023, U.S. mortgage applications increased 2.8 percent from one week earlier. The Market Composite Index, a measure of mortgage loan application volume, increased 2.8 percent on a seasonally adjusted basis from one week earlier. On an unadjusted basis, the…
Elevated mortgage rates keep buyers and sellers on the sidelines Based on new data from the California Association of Realtors, California home sales were essentially flat in October 2023, as the cost of borrowing remained elevated and housing inventory continued to be tight. Closed escrow sales of existing, single-family detached homes in California totaled a…
In today’s real estate market, with high mortgage interest rates and hesitant buyers, you might be pondering, “Is my mortgage assumable?” as a strategy to accelerate your home sale. Or, you might want to allow a family member to assume your mortgage so they can inherit a financial advantage through your low-interest-rate home loan. If…
Dealing with the real estate market in Los Angeles can feel impossible, especially when selling your current home while purchasing a new one. It’s an incredibly common scenario, and you might think your only option is to sell your home, temporarily relocate, and then wade through L.A.’s cutthroat real estate market to find your dream…
If you recently bought a house and now realize that you need to sell it, don’t panic. While there are financial implications of selling a house soon after buying it, certain circumstances and life changes may make selling quickly a necessity and leave you wondering, “How soon can I sell my home after purchasing it?”…
According to AAA, two months following the devastating wildfires in Maui, most of West Maui will begin to reopen to visitors on Sunday, October 8, 2023. The tragic wildfires killed 97 people and destroyed much of the historic town of Lahaina. The loss of life, property, cultural and historic sights, and livelihoods has led to…
Yet home and condo prices hold steady last month Las Vegas Realtors are reporting this week that prices for local Southern Nevada homes and condos are holding steady, matching prices from one year ago. LVR reported that the median price of existing single-family homes sold in Southern Nevada through its Multiple Listing Service (MLS) during September…
According to a new Redfin-commissioned survey, nearly two-thirds of recent U.S. homebuyers (59%) think purchasing a house is more stressful than dating. Daryl Fairweather “Getting ghosted by your date is stressful, but purchasing a home in today’s market comes with its own unique set of anxieties,” said Redfin Chief Economist Daryl Fairweather. “Buyers are increasingly…
According to the Mortgage Bankers Association’s latest Weekly Mortgage Applications Survey for the week ending September 29, 2023, U.S. mortgage applications decreased 6.0 percent from one week earlier. The Market Composite Index, a measure of mortgage loan application volume, decreased 6.0 percent on a seasonally adjusted basis from one week earlier. On an unadjusted basis,…
According to Knight Frank’s latest Global House Price Index, global house price growth ticked up to 3% in Q2 of 2023, up from 2.9% in the previous quarter. About a third of markets saw prices decline during the most recent three months, narrowing from four in ten over the past year. Liam Bailey Liam Bailey,…
Slowdown forcing Hong Kong developers to reduce prices or delay projects According to JLL’s latest Hong Kong Residential Market Monitor released this week, amongst Hong Kong projects completed in the first half of 2023, only 55% of units were sold as of the end of June 2023, lower than the average sell-through rate of 78%…
Based on ATTOM’s newly released third-quarter 2023 Vacant Property and Zombie Foreclosure Report, 1.3 million (1,277,612) residential properties in the United States are vacant. That figure represents 1.3 percent, or one in 79 homes, across the nation – the same as in the second quarter of this year. The report also reveals that 315,425 residential…
According to national data provider CoreLogic, the sizable U.S. home investor share of ownership seen over the past two years held steady going into the summer of 2023. In March 2023, investors accounted for 27% of all single-family home purchases; by June, that number was almost unchanged at 26%. Corelogic reports that 2021 saw a…
According to the Orlando Regional Realtor Association, overall residential sales fell 8.7% from June to July 2023. There were 2,852 sales in July, down from 3,124 sales in June. Sales in July 2023 were also 13.8% lower than July 2022, when there were 3,309 sales. ORRA also reports housing inventory for July was recorded at…
Based on CoreLogic’s latest Home Price Index for May 2023, annual U.S. single-family home price growth slowed for the 12th straight month in May, falling to 1.4% increase year over year. The last time CoreLogic’s Home Price index saw annual growth fall to less than 2% was in early 2012, but U.S. appreciation still remained…
According to national property broker Redfin, listings of homes for sale in the several Southwest Florida cities like the Cape Coral-Fort Myers metropolitan area have recovered after plunging in the wake of Hurricane Ian last fall, and sales have begun to bounce back. In the two months after the devastating September 2022 storm, there were…
Based on CoreLogic’s recently released Loan Performance Insights Report for April 2023, 2.8% of all mortgages in the U.S. were in some stage of delinquency (30 days or more past due, including those in foreclosure), representing a 0.1 percentage point decrease compared with 2.9% in April 2022 and a 0.2 percentage point increase compared with…
Measurabl, the world’s most widely adopted ESG (environmental, social, governance) platform for real estate, has announced the addition of two senior executive hires, further strengthening the company’s C-suite leadership team. Kristin Rock as Chief Customer Officer, and Tom Spellios as Chief Financial Officer. The new appointments represent the latest in a series of recent milestones…
Vacant Homes in Foreclosure Increases for Fifth Straight Quarter Based on ATTOM’s newly released second-quarter 2023 Vacant Property and Zombie Foreclosure Report, almost 1.3 million (1,285,633) residential properties in the United States are vacant. That figure represents 1.3 percent, or one in 79 homes, across the nation. The report also reveals that 311,508 residential properties…
According to new data from the Mortgage Bankers Association’s latest Weekly Mortgage Applications Survey for the week ending May 19, 2023, U.S. mortgage applications decreased 4.6 percent from one week earlier. The Market Composite Index, a measure of mortgage loan application volume, decreased 4.6 percent on a seasonally adjusted basis from one week earlier. On…
According to new data by the U.S. Department of Housing and Urban Development and the U.S. Census Bureau, sales of newly built, single-family homes in April 2023 increased 4.1% to a 683,000 seasonally adjusted annual rate from a downwardly revised reading in March 2023. This is the highest level since March 2022. “A lack of…
You’ve been searching online and found a few homes that meet your criteria of three bedrooms and two bathrooms. But as you read the listing descriptions that indicate one house is on 0.23 acres and another has a lot size of 8,730 square feet, you’re baffled by what these numbers actually represent. Your digital assistant…
Most real estate agents in Texas get paid through commissions. Commissions are typically calculated as a percentage of a property’s sale price, though some brokerages will charge a flat fee. The average agent commission rate nationwide is 5.8% of the home sale price, according to HomeLight’s real estate transaction data of thousands of home sales…
According to national property broker Redfin, new listings of homes for sale fell 22.4% nationwide from a year earlier during the four weeks ending April 23, 2023, one of the biggest declines since the start of the pandemic. Homeowners are staying put because they want to hang onto their low mortgage rates–this week’s average 30-year…
According to HVS’ latest annual European Hotel Transaction Report, hotel transactions for 2022 totaled €13.3bn ($14.4bn USD), an 18% fall on the previous year as the impact of the Russian invasion of Ukraine, rising energy and food costs and high interest rates hit investor confidence. Portfolio sales dropped 25% on the previous year, with total…
According to a new report from CBRE, lab vacancies increased across the top 13 U.S. life sciences markets in the first quarter of 2023, providing relief for companies that had found little available space in recent years. Average vacancy of 6.7% in the first quarter marked an increase of 170 basis points from a year…
According to the National Association of Realtors, pending home sales decreased in March 2023 for the first time since November 2022. Three U.S. regions posted monthly losses, while the South increased. All four regions saw year-over-year declines in home sales transactions. The Pending Home Sales Index (PHSI) – a forward-looking indicator of home sales based…
Based on ATTOM’s newly released first-quarter 2023 U.S. Home Sales Report, profit margins on median-priced single-family home and condo sales across the United States decreased to 44.2 percent as home prices stayed flat or kept declining around most of the nation. The drop-off in typical profit margins, from 48.7 percent in the fourth quarter of…
According to a new report from CBRE, several metrics point to the U.S. life sciences industry and the real estate that houses it proving resilient during the current economic slowdown. Among those factors: a growing total of clinical trials for new drugs, persistent job growth, more federal funding, and ample cash reserves for the industry’s…
Based on the Associated Builders and Contractors analysis of the U.S. Census Bureau’s latest national nonresidential construction data, spending increased 0.4% in February 2023. On a seasonally adjusted annualized basis, nonresidential spending totaled $982.2 billion for the month. Spending declined on a monthly basis in 9 of the 16 nonresidential subcategories. Private nonresidential spending was…
According to Redfin, U.S. house hunters are beginning to wade into the market in bigger numbers as mortgage rates and home prices continue to decline in late March 2023. Mortgage-purchase applications increased for the fourth week in a row and Redfin’s Homebuyer Demand Index–a seasonally adjusted measure of requests to tour homes, make an offer…
Based on ATTOM’s newly released first-quarter 2023 U.S. Home Affordability Report, median-priced single-family homes and condos are less affordable in the first quarter of 2023 compared to historical averages in 94 percent of counties across the nation with enough data to analyze – far above the 62 percent of counties that were historically less affordable…
Measurabl, the world’s most widely adopted ESG data platform for real estate, is pleased to announce it has been selected for the fifth conservative time as a 2023 ENERGY STAR Partner of the Year winner for Sustained Excellence. The company is the EPA’s #1 ranked service provider by ENERGY STAR certifications achieved by its customers.…
National property broker Redfin is reporting this week that many U.S. homebuyers are retreating back to the sidelines as mortgage rates ascend toward 7 percent. Redfin’s Homebuyer Demand Index — a measure of requests for tours and other services from Redfin agents–fell 1% from a week ago, the first decline after a month of increases,…
According to CoreLogic’s monthly Loan Performance Insights Report for December 2022, 3% of all mortgages in the U.S. were in some stage of delinquency (30 days or more past due, including those in foreclosure), representing a 0.4 percentage point decrease compared with 3.4% recorded in December 2021 and less than a 0.1 percentage point increase…
Home Sales Are Bottoming Out, Says NAR According to the National Association of Realtors, existing U.S. home sales fell for the twelfth straight month in January 2023. Month-over-month sales were mixed among the four major U.S. regions, as the South and West registered increases, while the East and Midwest experienced declines. All regions recorded year-over-year…
According to a new report from CBRE, the finance and insurance industry supplanted the tech industry last year for the largest share of the top 100 office leases in the U.S. Finance and insurance companies claimed 25 of the largest 100 office leases of 2022 by square footage, up from 12 in 2021. Tech companies…
Based on CoreLogic’s latest CoreLogic Home Price Index for December 2022, the effect of rising mortgage rates on U.S. housing demand in 2022 became even more evident in December, with annual home price growth dipping to 6.9%, down from a series high of 20% appreciation in April. Only nine states registered double-digit year-over-year price increases…
CBRE is reporting this week that U.S. commercial real estate investment volume fell by 63% year-over-year in Q4 2022 to $128 billion. For the year, volume fell by 17% to $671 billion from 2021’s record level but was the second highest on record. Multifamily was the leading sector with $48 billion in Q4 volume, followed…
According to global property consultant CBRE, U.S. multifamily investment volume in 2022 decreased by 19% year-over-year to $278.8 billion but was the second largest annual total on record. Volume in Q4 fell by 34% quarter-over-quarter and 70% year-over-year to $48 billion. CBRE further reports new construction deliveries of 100,300 units in Q4 brought the total…
Investment in 2022 reached $129 billion as interest rate hikes weighed on market sentiments According to data by global real estate consultant JLL, commercial real estate investment in Asia Pacific in 2022 declined by 27% year-on-year as a tightening interest rate cycle and global macroeconomic uncertainties influenced decision-making. Direct investment in Asia Pacific commercial real…
New York City, Singapore and London top the list of global cities rent price growth in 2022 According to international property consultant Knight Frank, prime residential rents continue to rise but the rate of growth is slowing. Across ten global cities luxury rents increased 10.2% on average in the 12 months to Q3 2022, down…
According to a new report from the American Institute of Architects, demand for design services from architecture firms continued to decrease in November 2022. The pace of decline during November accelerated from October, posting an Architecture Billings Index (ABI) score of 46.6 from 47.7 (any score below 50 indicates a decline in firm billings). The…
Luxury sales sink 38% in November, biggest decline on Record According to national property broker Redfin, sales of luxury U.S. homes fell 38.1% year over year during the three months ending November 2022, the biggest decline on record. That outpaced the record 31.4% decline in sales of non-luxury homes. Redfin’s data goes back to 2012.…
According to the National Association of Realtors, U.S. pending home sales slid for the sixth consecutive month in November 2022. All four U.S. regions recorded month-over-month decreases, and all four regions saw year-over-year declines in transactions. “Pending home sales recorded the second-lowest monthly reading in 20 years as interest rates, which climbed at one of…
In comparison to November 2021, Palm Beach County November 2022 residential sales decreased 41.1% year-over-year, from 2,793 to 1,646, because of high mortgage rates and low inventory, says the Miami Association of Realtors. Single-family home sales decreased 38.8% year-over-year, from 1,491 in record-breaking November 2021 to 920 in November 2022, due to lack of inventory…
Year-to-date statewide home sales were down 18.5 percent in October Based on new data from the California Association of Realtors, the State of California’s housing market continued shifting in October 2022 as the monthly average 30-year fixed rate mortgage hovered near 7 percent and led to the lowest sales level since February 2008 and the…
Seventh Consecutive Monthly market decline since last May According to Las Vegas Realtors, the recent slowdown in the local housing market continued, with declining home prices and sales. LVR reported that the median price of existing single-family homes sold in Southern Nevada during November 2022 was $430,990. That’s down 2% from October, and down from…
Yet South Korea, Hong Kong, Peru, China, New Zealand and Morocco experienced price declines in Q3 According to international property consultant Knight Frank, house prices across 56 countries and territories are still rising at a rate of 8.8% per annum, down from 10.9% at their peak in Q1 2022. However, in real terms, when accounting…
Slowdowns Specifically Strong in Post-Covid Hot Markets According to the latest findings from the National Association of Home Builders (NAHB) Home Building Geography Index (HBGI) for the third quarter of 2022, the big jump in single-family home building activity that occurred in the aftermath of the COVID-19 pandemic in large metro outlying counties and exurban…
According to ATTOM’s newly released November 2022 U.S. Foreclosure Market Report, there were a total of 30,677 U.S. properties with foreclosure filings — default notices, scheduled auctions or bank repossessions – up 57 percent from a year ago, but down 5 percent from the prior month. Rick Sharga “We may be at or near a…
If your house is bursting at the seams, or simply short on storage options, the solution may be as close as your garage. To make the best use of this space, however, you first need to corral its current chaos. This is, fortunately, a relatively simple task if you incorporate a few good storage ideas.…
In the height of summer, your backyard or porch is headquarters for family time and date night alike. Combine both, and cue up a movie on your DIY movie screen for a staycation highlight. A bedsheet or table cloth affixed to a fence or wall plays projection screen, and your at-home projector makes movie magic.…
If you’re following today’s housing market, you know two of the top issues consumers face are inflation and mortgage rates.
The historically low inventory over the past few years led to challenges for many buyers trying to find a home that met their needs and their budget.
Today’s market is at a turning point, making it more essential than ever to work with a real estate professional.
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If recent headlines about the housing market cooling and buyer demand moderating have you worried you’ve missed your chance to sell, here’s what you need to know.
While watching the stock market recently may have started to feel pretty challenging, checking the value of your home should come as welcome relief in this volatile time.
Some people believe there’s a group of homeowners who may be reluctant to sell their houses because they don’t want to lose the historically low mortgage rate they have on their current home.
Experts are starting to make their 2023 home price forecasts.
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According to a recent survey from the Wall Street Journal, the percentage of economists who believe we’ll see a recession in the next 12 months is growing.
If you’re wondering if home prices are going to come down due to the cooldown in the housing market or a potential recession, here’s what you need to know.
Whether you’ve just retired or you’re thinking about retirement, you may be considering your options and trying to picture a whole new stage of your life.
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If you put off your home search at any point over the past two years, you may want to consider picking it back up based on today’s housing market conditions.
If you’re thinking about selling your house, you may have heard about the housing market slowing down in recent months.
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With all the headlines and buzz in the media, some consumers believe the market is in a housing bubble.
If rising home prices leave you wondering if it makes more sense to rent or buy a home in today’s housing market, consider this.
As there’s more and more talk about the real estate market cooling off from the peak frenzy it saw during the pandemic, you may be questioning what that means for your plans to sell your house.
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Over the past few weeks, the average 30-year fixed mortgage rate from Freddie Mac fell by half a percent.
The housing market is at a turning point, and if you’re thinking of buying or selling a home, that may leave you wondering: is it still a good time to buy a home?
If you’ve been thinking about buying a home, you likely have one question on the top of your mind: should I buy right now, or should I wait?
With so much talk about an economic slowdown, some people are asking if the housing market is heading for a crash like the one in 2008.
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If you put a pause on your home search because you weren’t sure where you’d go once you sold your house, it might be a good time to get back into the market.
As people realize their needs are changing, some are turning to luxury housing to find their dream home.
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Americans’ opinion on the value of real estate as an investment is climbing.
If you’re following the news, all of the headlines about conditions in the current housing market may leave you with more questions than answers.
If you’re a homeowner thinking about selling your house, you’re probably looking for the best time to make your move.
Experts in the real estate industry use a number of terms when they talk about what’s happening with home prices.
If you’re planning to buy a home, it’s critical to understand the relationship between mortgage rates and your purchasing power.
Many people are wondering: will home prices fall this year?
According to a recent survey from the National Association of Realtors (NAR), one of the top challenges buyers face in today’s housing market is finding a home that meets their needs.
While you may have seen recent stories about the volume of foreclosures today, context is important.
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In today’s housing market, homeowners have a great opportunity to sell their house and receive the best terms for their personal situation.
Are you thinking about selling your house?
Based on the Primary Mortgage Market Survey from Freddie Mac, the average 30-year fixed-rate mortgage has increased by 1.2% (3.22% to 4.42%) since January of this year.
If you’re a first-time buyer looking to break into the housing market but struggling to find a home to buy, condominiums (or condos) could be a great alternative for you.
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Since the number of homes for sale is low today, it can feel challenging to find one that checks all your boxes.
When it comes to buying a home, it can feel a bit intimidating to know how much you need to save and where to find that information.
If you’re thinking about buying or selling a home, you’ll want to keep a pulse on what’s happening with mortgage rates.
You can’t read an article about residential real estate without the author mentioning the affordability challenges that today’s buyers face.
If you’re thinking of buying a home today, you already know that the number of homes available for sale is low. But what does that really mean for you?
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If you’re thinking of selling your house this year, timing is crucial.
In today’s housing market, there are far more buyers looking for homes than sellers listing their houses.
Almost every industry is currently struggling with supply chain disruptions.
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If you’re a millennial, homebuying might be top of mind for you.
Having an experienced guide coaching you through the process of buying or selling a home is important in a normal market – but today’s market is far from normal.
For many homebuyers, the thought of saving for a down payment can feel daunting, especially in today’s market.
When you’re selling any item, you usually want to sell it for the greatest profit possible.
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Financial benefits are always a key aspect of homeownership, but it’s also important to understand that the nonfinancial and personal benefits are why so many people genuinely fall in love with their homes.
If you’re planning to sell this year, you’re probably thinking about what you’ll need to do to get your house ready to appeal to the most buyers.
While some homeowners may be tempted to hold off until spring to list their houses, you should know – homebuyers aren’t waiting.
A recent survey revealed that many consumers believe there’s a housing bubble beginning to form.
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Homeownership has long been considered the American Dream, and it’s one every American should feel confident and powerful pursuing.
As you plan out your goals for the year, moving up to your dream home may top the list.
Last week, the average 30-year fixed mortgage rate from Freddie Mac jumped from 3.22% to 3.45%.
One key question that’s top of mind for homebuyers this year is: why is it so hard to find a house to buy?
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Once you’ve found your dream home and applied for a mortgage, there are some key things to keep in mind before you close.
As a buyer in a sellers’ market, sometimes it can feel like you’re stuck between a rock and a hard place.
As we move into 2022, both buyers and sellers are wondering, what’s next?
Selling your house is no simple task.
If you’re a homeowner who’s decided your current house no longer fits your needs, or a renter with a strong desire to become a homeowner, you may be hoping that waiting until next year could mean better market conditions to purchase a home.
The post Two Reasons Why Waiting To Buy a Home Will Cost You appeared first on Keeping Current Matters.
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From the opportunity to take advantage of today’s low mortgage rates to changing homeowner needs, Americans have more motivation than ever to buy a home.
The post If You Think the Housing Market Will Slow This Winter, Think Again. appeared first on Keeping Current Matters.
The sense of pride you’ll feel when you purchase a home can’t be overstated.
The post Advice for First-Generation Homebuyers appeared first on Keeping Current Matters.
If you’re thinking of buying a home in today’s housing market, you may be wondering how strong your investment will be.
The post What Everyone Wants To Know: Will Home Prices Decline in 2022? appeared first on Keeping Current Matters.
Black Friday and Cyber Monday are over, which means some shoppers have wrapped up their holiday buying.
The post Homebuyers Are Going on a Shopping Spree This Winter appeared first on Keeping Current Matters.
Your equity is a powerful tool that can help you achieve your goals as a homeowner.
The post 4 Ways Homeowners Can Use Their Equity appeared first on Keeping Current Matters.
There are a lot of questions right now regarding the real estate market as we head into 2022.
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Last week, the average 30-year fixed mortgage rate from Freddie Mac inched up to 3.1%, and experts project rates will continue rising through 2022.
The post How Smart Buyers Are Approaching Rising Mortgage Rates appeared first on Keeping Current Matters.
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As we near the end of the year, more homeowners are realizing the benefits of today’s sellers’ market.
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Sellers have a great opportunity this season as buyer demand still heavily outweighs the current supply of homes for sale.
The post Sellers: Your House Could Be an Oasis for Buyers Seeking More Options appeared first on Keeping Current Matters.
If you’re looking to buy or sell a house, chances are you’ve heard talk about today’s rising home prices.
The post What Does the Future Hold for Home Prices? appeared first on Keeping Current Matters.
While today’s supply of homes for sale is still low, the number of newly built homes is increasing.
The post Looking To Move? It Could Be Time To Build Your Dream Home. appeared first on Keeping Current Matters.
It’s impossible to research the subject of buying a home without coming across a headline declaring that the fall in home affordability is a crisis.
The post Important Distinction: Homes Are Less Affordable, Not Unaffordable appeared first on Keeping Current Matters.
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