New Homes in a Few Small Markets See a Drop in Demand
In a couple areas, builders that broke ground on new homes earmarked for city-fleeing residents are seeing a drop in demand and cutting prices.
Will More Closings Fail and Buyers Lose Deposits?
In 5 days, new FR/Bar contract versions will be released. Are you ready? Florida Realtors Legal Hotline already expects calls from members who didn’t prepare.
Oct. Consumer Confidence Improves as Delta Fades
After three declining months, U.S. consumers felt better in Oct. about both the current and future economy, with the confidence index rising 4 points to 113.8.
September New Home Sales Jump 14%
New single-family homes hit a seasonally adjusted annual rate of 800K units last month – well above economists’ expectations.
Aug. Home Prices Surged at Near-Record Pace
The S&P CoreLogic Case-Shiller 20-city home price index soared 19.7% in August compared to one year ago – only slightly less than July’s 20% jump.
Coalition Pushing FHFA to Fund More Affordable Housing
20 housing groups want more out of Fannie and Freddie’s “Duty to Serve” regulation – specifically more funding for manufactured, rural and affordable housing.
How to Turn a Cold Call Into a Warm Call — That Gets Results
You get a lead. You call and no one answers. Frustrated, you move on. Big mistake. Here’s a simple plan for getting people to pick up the phone.
74% of Seniors Say Best Financial Decision Was Buying a Home
Beyond a home’s sentimental value, 74% of older adults surveyed said buying was the best financial decision they ever made. For 73%, it’s their most valuable asset.
2021 Homebuyers: Middle-Aged, Married, College Educated
The average American homebuyer is 45 years old, married or partnered, college-educated and likely buying a home located in the South; 26% are age 30 to 39.
ULI and PwC 2022 RE Forecast: Resilience, Flexibility, Optimism
An interview with 1,700 RE experts found high expectations for the real estate market in 2022. Traditional spaces – homes, offices, shopping centers, etc. – have changing expectations, but 75% of investors now feel confident about their decisions. Last year, less than 50% said the same.