Outlook Brightens for Apartment Landlords Amid Rising Rents
Moody’s Analytics REIS: The national average effective rent, a key industry measure, rose 0.6% in 2Q 2021, lifting the average U.S. effective rent to $1,394.79.
Most Consumers Now Comfy with Online Closings
After a year of the pandemic, 81% of adults say they’re okay buying things – even expensive things – online, especially with extra authentication and verification steps.
Tab for ‘Climate Change Risk’ Added to Some Listings
What threat do heat, flood, drought and fire pose to a house as the earth warms? Redfin says it’s adding ClimateCheck, scaled 1-100, to each listing on its website.
Prediction: Lots of International Buyers Over the Next Year
The pandemic’s border closures and lockdowns dinged the international buyer market over the past year, but signs point to a resurgence among new buyers and those who postponed a purchase. Economists say today’s buyers should expect to face even more competition.
Calm Before the Storm? Forecasters Add to Hurricane Predictions
NOAA: 7-10 hurricanes will still form out of 15-21 named storms (includes tropical storms). If true, 2021 will be a record sixth straight year of above-normal activity.
Latest ‘Blow Me Away’ Amenity for Buyers? Home Classrooms
Some parents home-schooled their kids even before the pandemic. But after the recent lockdowns, more buyers with kids see it as a golden amenity.