It is no secret that the price of everything has been rising of late, and it seems that some of the pressure caused by inflation and rising interest rates is finally starting to trickle down to the housing market. According ...
Read More »Large Share of Buyers Migrating From Seattle to Phoenix
According to a new report from Redfin, a record 32.3% of its users nationwide looked to move to a different metro area in Q1 — up from 31.5% a year earlier, and up significantly from 26% in 2019. The share ...
Read More »Paying Down Debt or Making a Down Payment?
According to a new report from Redfin, roughly 32% of renters nationwide are doing so because they can’t afford to buy a home in the area they desire to live in — while 30% of renters are unable to save ...
Read More »Interest Wanes in Second Homes and Investment Properties
Rise in both mortgage rates and loan fees for second homes is driving down interest nationwide in vacation homes nationwide.
Read More »Bidding War Competition Heightens
Experts say bidding wars are likely to remain commonplace, as cash offers are becoming an effective strategy to buy a home with multiple offers.
Read More »Snowy Vacation Homes Near Resorts Outperform the Average Home
The allure, flexibility, and outright necessity of remote work during the pandemic bought major shifts to the housing market starting in 2022. Affluent Americans took advantage of market conditions to move out of pandemic hotspots (mainly cities) and flocked to ...
Read More »Miami Tops List of Migration Destinations
Remote work opportunities and the continued lack of housing inventory will likely keep Americans moving throughout 2022.
Read More »Investor Market Share Hits Record High
A new report has found that nearly 20% of all home purchases in Q4 2021 were investment properties, a record high for this metric.
Read More »Pending Sales Down From 2021
Active listings fell 29% year-over-year, dropping to an all-time low of 440,000, while listings were down 50% from the same period in 2020.
Read More »Investment Property Demand Hits 12-Month High
Demand for second homes and investment properties was up 87% from pre-pandemic levels in January, hitting highs not seen in a year.
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