Despite a cutthroat market with multiple bids and successive failures to secure a home, 71% of successful pandemic-era buyers say their new home meets their needs, 75% say it was a good decision, and 45% wish they moved sooner. Only 19% say they should have waited.
What if today’s tight inventory gets even tighter? What if mortgage rates go up? NAR’s chief economist says strict lending laws keep a real estate bubble at bay.
Not just any subject line will do, according to a recent consumer survey. “Just sold in your area” and “real estate market snapshot” topped the list of winners.
Children may move home, but many multi-gen homes are to help middle-aged adults take care of aging parents – and enjoy the benefits of trustworthy in-house babysitters.
Many concerns mirror other real estate investments, but some are unique. Location is important, for example, including the neighborhood – not just “close to attractions.”
The 1-time donation will help RRF develop a sustainable reserve fund. Pres. Lambert: “I’m always so proud of how Realtors respond when someone needs a helping hand.”
Americans feel a lot better about their current situation and less excited about the future. However, global consumer confidence indexes soared higher.
Affordability is important, but for some, an older home is like comfort food during pandemic lockdowns. Plus, more buyers now want a home without a great room.
Florida Realtors economist: Whatever the price point, buyers have fewer options this year than they did last year. But the affordable home supply suffered the most. The amount of single-family homes with a value of $300K or less declined over 60%.
S&P Case-Shiller: An army of buyers competing for fewer homes pushed prices up 13.3% in March, for the biggest year-to-year home price gain since December 2013.