We are getting new data on just how hot real estate prices are across the country. Ben Winck and Libertina Brandt of Business Insider open up this week with expert commentary on the state of housing prices, noting that despite elevating prices there is no sign of a bubble, and prices may continue to climb for the foreseeable future due to tight supply. […]
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The housing market is looking a lot like 2006: Are we in bubble territory?
Home sales are going bonkers in most of the country. According to new data, new single-family home (SFH) sales in March increased 20% from February, and 66% from March 2020. Sales were up year-over-year 108% in the Northeast, but down slightly by 2% in the West. That said, overall sales of existing SFHs fell 4% in […]
The Reality Is People Have More Options Because More Housing Is Being Built
A Great Nationwide Analysis from The Housing Bubble Blog A report from WTSP on Florida. “If history is any indication, Joe Manausa says we are not currently in another housing bubble. The Florida-based realtor and author, with 30 years experience in the business, says rarely do we see the average housing price in the U.S. decline. In […]
More realtors than homes for sale???
A snapshot from the Weekly Real Estate Newsletter Stessa We open up this week with news about Nicole Friedman’s Wall Street Journal (subscription required) article about how in January, there were more realtors in the US than homes for sale. By the end of January, there were 1.04 million homes for sale nationwide, down 26% year-over-year and the lowest […]
Cash Buyers vs. Traditional Listing: Pros and Cons
You can take two main routes when selling a home: listing the property or searching for cash buyers. In today’s fast-moving real estate market, sellers will likely have no trouble with either option. However, there are a few factors to consider before deciding which path to follow. Cash buyers have become increasingly common in the last […]
If You Have These Features In Your Kitchen, Show Them Off
When you’re ready to sell, a pizza oven might be your friend, according to new Zillow research!!! • MAR 26 2021 After a year of life indoors watching cooking shows, baking bread and taking part in Tik Tok cooking challenges, home buyers seem to have developed a newfound appreciation for the kitchen. From the pleasurable to […]
9 Easy Home Improvement Projects
No fancy supplies or complicated instructions required We’re spending way more time at home these days, which means it’s more important than ever for our living spaces to bring us joy and comfort. But if you’re like me, you’ve begun to notice ― maybe even fixate on ― imperfections like run down furniture and outdated […]
The U.S. Faces A Housing Shortage. Will 2021 Be A Turning Point?
As the demand for residential real estate has increased, the scarcity of homes for sale has created a back log on the supply side. Millennials—who make up approximately 38% of homebuyers’ share—are getting married and having children and, in effect, looking for a home, either their first or second. With so many motivated buyers in […]
The Tradition of Painting a Front Door Red | What Does it Mean?
A brightly colored front door adds a fun pop of color to any home and immediately gives it an extra dose of personality. If you’re like me, you love the curb appeal and the fresh look a brightly painted door can give you, but did you know these vibrant paint colors mean something!! There is actually […]
The Biggest Challenges Of Self-Managing A Rental Property
There is no greater long term investment in real estate than a quality rental property. The right rental will not only provide short term cash flow in the way of surplus rents received, but can give you the potential for appreciation years down the road. All the while you can take advantage of many tax […]