Tag Archives: estate market

Home Buying Mistakes That Could Cost You | door-to-door sales

Photo by Sieuwert Otterloo on Unsplash The concept of the “American Dream” has evolved as the needs and desires of citizens have evolved. Although everyone has a different idea of ​​what a successful life looks like, buying a home is always high on the list. Owning property is more than a status symbol; it has […]

Buyer-seller stalemate leads to ‘lowest home sales since GFC fallout’ – CoreLogic

A buyer-seller stalemate led to monthly house sales in January falling to the lowest since the fallout from the global financial crisis, said Nick Goodall, head of research at CoreLogic. There were 4,113 residential property sales in the first month of the year, the lowest number in over a decade, except for April 2020 when […]

Researchers: the internal market “close to the peak”

House prices, inflation and rising interest rates will soon create an equilibrium in the housing market, according to the FAU researchers, although prices will remain high. JACKSONVILLE, Fla. — The booming Jacksonville-area real estate market has left home prices a bit inflated, according to two academics warning that slumps for home sellers across the state […]

2021 has been a ‘fantastic year’ for home sales despite low inventory and high prices: RE/MAX

The housing market in 2021 was the busiest ever, according to a new RE/MAX report, with a record number of homes being sold at a blistering pace. (iStock) According to RE/MAX’s latest National Housing Report, the past year has presented significant headwinds for homebuyers between record home prices and record housing inventory. But motivated buyers […]

MEREDA 2022: Pandemic Fuels Southern Maine Domestic Market, Not Just Portland

For the southern Maine residential real estate market, 2021 was all about COVID. “We already didn’t have enough housing before the pandemic. There are not enough rentals. There aren’t enough homes,” Brit Vitalius, owner of Vitalius Real Estate Group, said at Thursday’s Maine Real Estate & Development Association forecast conference. Trends in 2021 included bidding […]

Luxury home sales jump in 2021

Overall, 18 of 19 markets saw impressive sales increases, with the biggest increases in smaller urban markets like Barrie, London, Kitchener-Waterloo and Hamilton — all in Ontario — where sales of homes priced exceeds $1 million soared approximately 518%, 255%, 208%, and 200%, respectively. Canada’s largest markets for luxury homes — Metro Vancouver and the […]

Home sales in Canada set a new record in 2021, surpassing the previous record by 20%: ACI – National

The Canadian Real Estate Association says annual home sales hit a new high in 2021, eclipsing the previous record set in 2020 by about 20%. The association said Monday that about 667,000 residential properties changed hands in 2021, about 30% more than the 10-year average. However, home sales in December were little changed from November […]

Home sales post biggest monthly decline since pandemic began

Nassau County, New York, saw the biggest drop in sales since last year, down 22.3% Newsday via Getty Images Fewer homes than ever were for sale in December, leading to a 3.6% decline in seasonally adjusted home sales, according to a new report from Redfin, the tech-focused real estate brokerage. This is the largest month-over-month […]

Experts divided on whether home sales will rise or fall in 2022

A panel of economists and housing experts is also split on whether sales will rise or fall in 2022, as worries about deteriorating affordability collide with expectations of rising inventories. Surveyed, 41% of respondents to the latest Zillow survey on house price expectations (ZHPES) said sales will increase, 41% predict a slowdown and 18% believe […]

Rural home sales see major surge during pandemic in Poconos

New research shows home sales rose significantly from 2019 to 2020, and Newswatch 16’s Courtney Harrison spoke to a real estate agent about the trend. WAYNE COUNTY, Pa. — Sale signs don’t last long in front of homes near Lake Wallenpaupack, where the real estate market has been hot. Will Clauss is a realtor working […]

Record year for home sales | Local news

Home sales in the Golden Islands continued to hit new highs in 2021 in what continues to be a seller’s market. Home prices have increased 17% in the past year, with the median home price rising to $ 310,000, according to the Georgia Association of Realtors. The increase is due to a 5% drop in […]

Rising Rates May Not Slow Home Sales, Says First U.S. Model of Potential Home Sales

SANTA ANA, Calif .– (COMMERCIAL THREAD) –America’s leading financial company (NYSE: FAF), a leading global provider of title insurance, settlement services and risk management solutions for real estate transactions, today released First American’s exclusive home sales potential sales model for the month of November 2021 The potential home sales model measures what the healthy level […]

U.S. Home Sales Will Rise 7.1% in 2021, Fall in Next Two Years – Fannie Mae | Investment News

CHICAGO (Reuters) – U.S. home sales are expected to end 2021 up 7.1% but are expected to decline over the next two years as limited supply, as well as rising mortgage rates and prices , are cooling the residential real estate market, Fannie Mae said on Monday. The government-sponsored firm’s Economics and Strategy Research Group […]

15 cities with the most home sales per capita

sirtravelalot / Shutterstock.com Editor’s Note: This story originally appeared on Porch. Unusually high demand in the real estate market has been a constant fact throughout the COVID-19 pandemic. While real estate sales – like most aspects of the economy – came to a halt in March and April 2020, buyers have since bought homes quickly, […]

RSAR Releases November 2021 Existing Home Sales Report

The Reno / Sparks Association of REALTORS® (RSAR) today released its November 2021 report on existing home sales in Reno / Sparks and Fernley, including the median sale price and number of home sales in the region. region. RSAR obtains its information from the Northern Nevada Regional Multiple Listing Service. During the month of November, […]

Glasgow Property: Prepare Your Property Market For The New Year

THE real estate market, like most other industries, has had a turbulent year (or two). With Covid restrictions in place at the start of the year, meaning fewer property sales, the volume of residential transactions in Scotland has fallen 6.5% from 2019-20 record highs. But the surge in demand as the market recovered has meant […]

Millennials watch mobile home market amid record housing prices

With house prices soaring, many buyers, especially newcomer millennials, are looking for more affordable housing. And that means taking another look at alternatives like mobile homes. Yes, mobile homes often have a bad reputation. But their values ​​have grown faster than single-family homes, according to a recent report LendingTree Online Financial Services Marketplace. These homes […]

Greater Fort Lauderdale area breaks annual home sales record in 2021

E-mail Sign up for our free weekly newsletter Broward County in Florida broke its record for the most annual home sales in just 10 months, as total sales for October 2021 pushed the market to the bottom, according to new data from the Miami Association of Realtors. above the old standard. Total Broward County home […]

Cities with the most home sales per capita

Photo credit: Konstantin L / Shutterstock Unusually high demand in the real estate market has been a constant fact throughout the COVID-19 pandemic. While real estate sales, like most aspects of the economy, came to a halt in March and April 2020, buyers have since bought homes quickly, often offering to pay above asking prices […]

LIVE MARKETS Sales of existing homes: everything old becomes new again

Three major US stock indexes green, but the Nasdaq is far from the peaks Energy leads the gains among S&P sectors; lone loser comm svcs Euro STOXX 600 index up 0.2% Dollar, rise in crude; gold bitcoin down The 10-year US Treasury yield is ~ 1.60% November 22 – Welcome home for real-time market coverage […]

Housing market potential grows modestly, according to first US model of potential home sales

SANTA ANA, Calif .– (COMMERCIAL THREAD) –America’s leading financial company (NYSE: FAF), one of the world’s leading providers of title insurance, settlement services and risk management solutions for real estate transactions, today released First American’s exclusive home sales potential sales model for the month of October 2021. The potential home sales model measures what the […]

US home sales peak in nine months

Home sales in the United States unexpectedly surged in October, reaching their highest level in nine months, although higher prices amid tight supply continued to exclude first-time buyers from the market . The National Association of Realtors report released on Monday also showed an increase in the share of investors buying homes last month, likely […]

Another bond deadline looms for Evergrande, other developers as home sales plummet, News from companies and markets

TOKYO (BLOOMBERG) – China Evergrande group faces another key bond payment deadline on Saturday (November 6), part of more than US $ 2 billion (S $ 2.7 billion) to come this month here to stressed Chinese real estate developers while the industry slump persists. Major builders saw home sales drop 32% last month from a […]

Biggest week since 2013 for Manhattan Luxury Home Market

443 Greenwich Street and Central Park Tower by Gary Barnett (streeteasy.com, iStock) Manhattan’s luxury real estate market saw buyers sign 50 deals in seven days for properties asking for a total of $ 484 million, the highest dollar volume in a single week since 2013. This is the third time this year that the number […]

Do solar panels increase the value of the home? Understanding Solar Home Sales

Over the past decade, more and more potential buyers are willing to pay more for houses equipped with photovoltaic (PV) panels. The energy savings associated with solar, as well as the growing interest in environmental sustainability, are among the reasons why. But the size of this premium and the potential energy savings generated by a […]

Free webinar explains how to enter the luxury home market – RISMedia

It’s no secret that the real estate market has been booming in recent years, especially when it comes to luxury or upscale homes. In reality, according to the National Association of REALTORS® (NAR), the percentage of new homes sold above $ 750,000 has increased 40% in just one year. Suffice it to say, now is […]

Home sales in China drop sharply

Home sales in China are stalling as restrictions on loans and worries about the financial health of developers deter homebuyers, casting a veil on an industry that is at the heart of China’s economy. In recent days, many top developers have reported declining sales figures for September, with many showing year-over-year declines of more than […]

Home sales in China drop sharply

Home sales in China stall as loans and concerns about the financial health of developers deter homebuyers, casting a veil on an industry that is at the heart of China’s economy. In recent days, many top developers have reported lower sales figures for September, with many showing year-over-year declines of more than 20% or 30%. […]

Luxury home sales in Newport boom in 2021

NEWPORT – At the end of last month, the historic Miramar Estate on Bellevue Avenue sold for $ 27 million, the latest in a string of multi-million dollar mansion sales this year in Newport. The 30,982 square foot estate consists of three properties – the mansion, a shed, and a separate, vacant 1 acre beachfront […]

Record home sales up 272% in Hyderabad: Knight Frank report

Hyderabad: Post Unlock 2.0, Hyderabad’s real estate market is on the road to recovery. The city reported a 272% increase in home sales, while a 650% growth in new launches in the third quarter (July – September 2021), according to Knight Frank’s quarterly report. Approximately 5,987 units were sold and 9,256 new units were launched […]

Is Cooldown Coming For D-FW’s Searing Home Market?

The North Texas real estate market is having a record year for both sales and prices. But don’t be surprised if the pace of housing gains slows in 2022. While house costs in the Dallas-Fort Worth area have increased by about 17% in 2021, price increases are expected to average just under 5% over the […]

Penang’s domestic market to rebound in 2022: Juwai IQI

PETALING JAYA: Penang’s real estate market will recover in 2022, according to a new analysis released today by real estate technology group Juwai IQI. Juwai IQI co-founder and CEO Kashif Ansari said in 2022 that he expects residential real estate in Penang to rebound faster than in any other part of Malaysia except Johor. “By […]

Pending home sales beat projections after 2 months of decline: NAR

Pending home sales finally saw positive growth in August, after two straight months of declines in June and July, the National Association of Realtors reported. Pending home sales rose 8.1. % in August, after two consecutive months of decline in June and July, depending on the National Association of Realtors (NAR) Pending Home Sales Index […]

Record home sales don’t stop

LIMA – Pam Daley-Jennings answered the question before it was asked. “No. Never. I’ve been doing this for 35 years and I’ve never seen a home sell like they’ve been in recent years,” said the owner of First Lima Title Agency. “We wonder how many houses are still for sale. So just today (Friday) I […]

Existing home sales decline as buyers wait for better prices and more options

The Numbers: Existing Home Sales Plummeted 2% Sales of existing homes fell in August, with inventory and prices remaining a major concern for potential buyers. Existing home sales fell 2% to a seasonally adjusted annual rate of 5.88 million in August, according to the National Association of Realtors. said wednesday. Compared with August 2020, home […]

Home sales continue to outpace new listings in Collin County as median price jumps 19%

Collin County’s already tight housing inventory continued to shrink in August, according to a market report from the Collin County Association of Realtors. Only 1,710 new listings entered the market last month, down 7% from the same period last year. And 8.2% more homes were under contract in August than a year earlier, putting further […]

US home sales have slowed, but prices remain ridiculous

Home sales fell in August, both from July and from a year ago, breaking two straight months of increases, according to the National Association of Realtors. Home purchases have increased over the past year, which NAR chief economist Lawrence Yun says is an anomaly. The pent-up demand from potential buyers that built up during closures […]

The US single-family home market still in the grip of massive shortages, despite overall housing construction close to 2006 levels

There are still not enough houses under construction. That’s bad news for first-time homebuyers in Tuesday’s U.S. housing data, showing housing starts rose at a seasonally adjusted annual rate of 1.62 million in August. . The good news shows that housing starts climbed 3.9% from the previous month, approaching the 1.8 million annual rate last […]

Home sales fell for the first time in 15 months in August

The real estate market for the month of August monitoring indicators who pointed towards cooling. After the bidding wars reached a six-month low in July, home sales fell annually for the first time in 15 months, according to Redfin. Realized sales fell 6% per year in August and 1.4% per month. Meanwhile, pending sales are […]

Home Sales In Utah Slowing Down? Prices are still high

It looks like the Utah real estate market is slowing down slightly, according to the latest Salt Lake County home sales figures. But that doesn’t mean the market isn’t hot yet – only 2020, the year the pandemic shook the national housing market and spurred record home sales, especially in the West, surpasses a 2021 […]

Evergrande property sales fall 26% as Chinese domestic market cools

(Bloomberg) – China Evergrande Group’s real estate sales fell in August as the real estate market slowed, dealing another blow to the cash-strapped developer. Contract sales fell 26 percent from a year earlier to 38.08 billion yuan ($ 5.9 billion), according to a document released Friday night. A year earlier, the company achieved sales of […]

Manhattan’s luxury home market on track for record year

Manhattan is set to record one of the strongest years on record in its high-end real estate market despite lingering complications from the coronavirus pandemic, according to a report released Monday by Olshan Realty. The success stands in stark contrast to 2020, which marked the borough’s worst performing luxury sector in a decade. More than […]

Palm Beach Area Luxury Home Sales Spike 213 percent in mid-2021

E-mail Sign up for our free weekly newsletter Cash sales represented 52.3% of all transactions closed in Palm Beach in Q2 The Miami Real Estate Association reports that Palm Beach County continued its upward trend in total home sales in the second quarter of 2021 as pent-up demand as more US individuals and businesses relocate […]

Windham ranks among the most popular zip codes nationwide for home sales

Maine’s buzzing real estate market hit the national rankings on Thursday when Realtor.com placed a large Portland suburb as the 15th hottest zip code for home sales in the country. The 04062 zip code covering most of Windham, a town of just over 18,000 on Sebago Lake, was the only location in Maine to break […]

Existing home sales in June increased 23% from a year ago

Home sales rose in June. Here’s what potential buyers need to know. Buyers in today’s real estate market are struggling with a shortage of home inventory. But things are opening up a bit in this regard. In June, the total housing stock edged up to 1.25 million units and 2.6 months supply, up slightly from […]

Luxury home sales hit new highs despite pandemic concerns

Despite its generous amenities, real estate watchers feared the sprawling property, built by luxury homebuilder Blue Heron, would still be a tough sell. Las Vegas was just beginning to regain its footing after the pandemic shut down much of the city’s economy and badly hit the upper end of its real estate market. And while […]

Granite Bay mansion sells in luxury real estate market

A Tuscan-style mansion in Granite Bay sold out in just six days with several deals on the table – highlighting how the over $ 1 million real estate market in the Sacramento area is “exploding.” The five-bedroom, six-bathroom home, which spans 8,630 square feet and spans five acres, was listed for $ 3.25 million. The […]

Demand continues to exceed supply in Reno-Tahoe’s domestic market

The second quarter market snapshot shows continued momentum for the Reno-Tahoe real estate market. Key findings revealed that year-over-year home sales have increased by over 100% and median prices have increased by as much as 63% in some areas. The median price of homes in South Lake Tahoe rose 50% in the second quarter of […]

Hot and Scorching Summer Home Market »RealtyBizNews: Real Estate News

This is not the first time the United States has experienced a strong sales market. What makes it different this time is that the market is extraordinarily strong in all parts of the country. Typically, intense markets are found on the coasts, but this time it’s almost everywhere, with the national average listing price hitting […]

Indianapolis indoor market at “peak of madness, but it will get less bizarre

This story was first available to IndyStar subscribers. This seems like the perfect time to sell a house. If you have one that is in good shape, or maybe even less than in good condition, you can put it up for sale on a Thursday and probably have several offers by Sunday. At this point, […]

Troubled sales in India’s most expensive domestic market attract Sunteck Realty

By Dhwani Pandya Ltd. was the first to spot a business opportunity ten years ago, when she grabbed land in Mumbai’s future financial district and built homes for wealthy bankers. Now, in the wake of a protracted financial crisis and the pandemic, a good deal is brewing again. According to the homebuilder, the land sells […]

Troubled sales in India’s costliest domestic market attract Sunteck Realty, Real Estate News, ET RealEstate

By Dhwani PandyaSunteck Realty Ltd. was the first to spot a business opportunity ten years ago, when she grabbed land in Mumbai’s future financial district and built homes for wealthy bankers. Now, in the wake of a protracted financial crisis and the pandemic, a good deal is brewing again. According to the homebuilder, the land […]

The ABQ market is still hot, but more and more homes are for sale

Carpenters work on a new house under construction in the Mesa del Sol housing estate. April 22. (Jim Thompson / Albuquerque Journal) Home prices in Albuquerque continued their meteoric rise in April, but a slight increase in new listings may be a source of optimism for potential buyers. The median selling price of a detached […]

Dubai’s luxury real estate market skyrockets as world’s rich flee coronavirus

After nearly three decades in London, Christophe Reech was fed up with the city’s pandemic blockages. This spring, he sold his luxurious townhouse and flew to the Sheikh of the Dubai Desert to start a new life with his family. There was no turning back, he said. The French business mogul’s super-rich foreign friends were […]

City leaders view hot home market and global access – Merced County Times

Housing availability and affordability dominated discussions for hours on Monday night as Merced City Council received updates on the local real estate market and listened to many residents push for a new inclusive zoning policy ( IZ). Loren Gonella, longtime real estate agent and analyst for Coldwell Banker Commercial Gonella Realty, provided market information to […]

In the frenetic Palm Beach home market, buyers are bidding fast

Just weeks after lawyer Amy Bahl and her husband sold their Palm Beach home for $ 7.3 million, the Florida home was back on the market in December for $ 8.2 million. Meanwhile, the Bahls and their three children have moved into a home they bought across the Intracoastal Waterway in West Palm Beach, where […]

Here’s why Metro Phoenix’s luxury home market is booming

The local luxury real estate market is currently booming, part of which can be attributed to Launch real estate, one of Maricopa County’s leading luxury brokerage houses, which recorded 38 closings in September 2020 alone, surpassing $ 1 million and showing no signs of slowing down. Az Business spoke to Sean Zimmerman, President of Launch […]

Vancouver Real Estate: Vacancy Rate Has Stable Since 2002, City Report Says

The percentage of vacant homes in Vancouver has remained stable over the past 14 years despite long-standing complaints that investors are buying homes and leaving them empty, according to a new report released this morning to city council. The report indicates that Vancouver’s vacancy rate was 4.9% in 2002, compared to 4.8% in 2014, which […]