Sales of $1M-Plus Homes Soar
Some Americans did well during the pandemic, boosting demand for luxury housing – a segment that doesn’t face the same supply shortages as lower-priced homes.
Some Americans did well during the pandemic, boosting demand for luxury housing – a segment that doesn’t face the same supply shortages as lower-priced homes.
Security cameras are cheap, easy to install and almost everywhere. The top reason sellers monitor home shoppers? To find out what they don’t like about their house.
Overall, the iBuyer segment has returned to its pre-pandemic levels. However, the instant home-sale numbers are still less than 2% even in Fla.’s biggest iBuyer markets.
A new, fast-moving variant jolted the steady pandemic recovery, leading some business leaders to rethink their timelines for workers’ return to the office.
Departments under the Biden Administration are using their tools to postpone some evictions. USDA, HUD, VA and FHFA extended their eviction deadlines to Sept. 30.
Insurance reform president say insurers aren’t worried about old roofs leaking – they think they’re most likely to be targeted by shady contractors drumming up business.
While sellers’ ultimate goal might be presenting a home that looks like new, a study found that even small improvements can translate into higher resale values.
Few ideal homes, rising prices and lost bidding wars add up. Buyers aren’t going away, but many are deciding to hold off purchasing for maybe six months or a year.
Most experts agree that there’s a “foreclosure threat,” but it’s uncharted territory – any uptick in foreclosure listings is hard to predict. With prices rising, lenders are under less pressure to list homes for sale. And even if they’re ready now, homes likely won’t be listed until at least Sept.
It appears the pandemic is over, at least for commercial real estate. But the rebound isn’t even, with city-to-city and commercial segment-to-segment differences.