Low housing inventory a win for homebuilders
If national housing inventory were back to normal, we would have 2 to 2.5 million active listings of direct competition for homebuilders.
home market
New home sales climb in February for the third straight month
New home sales rose yet again in February, jumping 1.1% month over month to seasonally adjusted annual sales pace of 640,000.
U.S. Existing-home Sales Rise For The First Time In 13 Months, Surging 14.5% In February
Existing-home sales rose to a rate of 4.58 million in February, the National Association of Realtors said.
Home listing trends point to slow start to spring buying season
Limited availability of for-sale homes to start 2023 has created concerns among aspiring home buyers as spring begins, according to two new housing research reports. A little under 830,000 properties were on the market at some point in February, economists at Zillow said in its monthly housing report. The number is the second lowest figure … [Read more…]
Newly built homes too pricey for most Americans: report
While the current housing market is considered more favorable to buyers than sellers by some mortgage industry leaders, plenty of obstacles remain for aspiring homeowners, especially those looking to buy new properties. Only 35.9 million out of a total of 132.5 million households are currently able to afford a newly built home based on 2022’s … [Read more…]
With little competition, homebuilders are feeling better
Despite economic uncertainty, homebuilders remain optimistic in March, but six month outlook falters slightly.
Opendoor plans to accelerate selling in recovering home market
The Opendoor Technologies Inc. website on a laptop computer arranged in the Brooklyn Borough of New York, U.S., on Thursday, March 4, 2021. Opendoor Technologies Inc., pioneer of an algorithm-driven method of flipping homes, is embracing a new way to wield its software: helping buyers make cash offers. Photographer: Gabby Jones/BloombergGabby Jones/Bloomberg Opendoor Technologies Inc. … [Read more…]
Should you buy a second home? Predictions for the 2019 market
In view of the healthy economy, you may be thinking of buying a second home as a vacation getaway, as housing for family members or…
The post Should you buy a second home? Predictions for the 2019 market first appeared on Century 21®.
Housing completions key to lower mortgage rates
Once the housing completion data looks better, the growth rate of rent â which is the biggest driver of core CPI â can cool down.
37 Home Staging Experts Share the Secret to Appeal to Buyers in Your City
What is the best way to stage your home? Redfin asked 37 experts all over the U.S to share their secrets. From bringing in modern decor and art to stylized bar carts, see what they had to say.
The post 37 Home Staging Experts Share the Secret to Appeal to Buyers in Your City appeared first on Redfin | Real Estate Tips for Home Buying, Selling & More.