World Property Journal | By David Barley | December 1, 2020 7:45 AM ET Coronavirus outbreak fueling significant consumer demand for more space, less dense living environments According to national U.S. property broker Redfin — in the COVID pandemic world of 2020 — the typical single-family home that sold in the U.S. this year was purchased for […]
Category Archives: Blog
How will California’s Proposition 19 impact property taxes?
How will California’s Proposition 19 impact property taxes? Realtor-supported effort may free up housing inventory in the Golden State Housing Wire Daily November 19, 2020, 3:09 pm By Tim Glaze A slim majority of California residents voted in favor of Proposition 19 on Election Day, green-lighting a motion that gives new property tax breaks to older homeowners […]
The Serious Disconnect Between A Hot Residential Real Estate Market And The Coming Tsunami Of Foreclosures
Jay Adkisson Forbes Contributor A tsunami of foreclosures is just months away. Various reports show that the market for previously-owned homes climbed nearly 10% in September, the fourth straight monthly increase. It is not just sale volumes that are high, but the price of homes is showing double-digit gains. If you just look at volume and prices, the […]
The Best Real Estate Investments for Your Money This Year
The Best Real Estate Investments for Your Money This Year By Candice Elliott Updated on September 2, 2020 Listen Money Matters is reader-supported. When you buy through links on our site, we may earn an affiliate commission. How we make money. TABLE OF CONTENTS When many people think about investing, they think of the stock market. […]
Mortgage rates set another record low, sparking new strength in refinances
Mortgage rates set another record low, sparking new strength in refinances PUBLISHED WED, OCT 7 20207:00 AM EDTUPDATED WED, OCT 7 20206:12 PM EDT Diana Olick@IN/DIANAOLICK@DIANAOLICKCNBC@DIANAOLICK KEY POINTS Refinance volume surged to the highest level since mid-August as mortgage rates dipped to 3.01%. Refinances jumped 8% last week and were 50% higher than a year […]
San Francisco rents plunge, showing strain from pandemic and wildfires
San Francisco rents plunge, showing strain from pandemic and wildfires PUBLISHED THU, OCT 1 202012:30 PM EDTJessica Bursztynsky@JBURSZ KEY POINTS Rent prices continued to plunge in big U.S. cities last month, with San Francisco leading the decline, according to data from Zumper, a real-estate start-up. In September, the median rent for a one-bedroom apartment in […]
Coronavirus pandemic fuels affordability crisis for homebuyers
PUBLISHED THU, SEP 24 20207:00 AM EDTUPDATED THU, SEP 24 20207:00 AM EDT Diana Olick@IN/DIANAOLICK@DIANAOLICKCNBC@DIANAOLICK KEY POINTS The median home prices of single-family homes and condos in the third quarter are less affordable than historical averages in 63% of U.S. counties, up from 54% a year ago, according to Attom Data Solutions, a property data-base. […]
Pandemic may lead to foreclosure crisis, CoreLogic says
Millions of American families could lose their homes amid COVID-19 pandemic, report says Housing Wire – September 9, 2020, 5:22 pm By Kathleen Howley A surge in the share of mortgages 90 days or more overdue in June is a signal the U.S. could be heading toward a foreclosure crisis, according to a CoreLogic report on Wednesday. The share […]
California’s luster seems to be dimming
The Future of California Real Estate: Can the Golden State Survive? Realtor.com | By Clare Trapasso | Sep 3, 2020 Creative-Family/Getty Images California has long captured the nation’s imagination with its promises of the rich life, from the days of the gold rush to the rise of Hollywood and its star-making machine, to today’s booming tech sector. With its […]
In coronavirus housing market, ‘better to be seller than buyer’
Fox Business – Published August 15, 2020 In coronavirus housing market, ‘better to be seller than buyer’ Home prices rose this spring in 96% of U.S. metro areas How coronavirus is changing real estate Brown Harris Stevens CEO Bess Freedman discusses how the coronavirus pandemic is changing home purchases. While the number of Americans buying homes is increasing as […]