Redfin.com home searches in out-of-town destinations have dropped 4% from a year ago, compared with a 16% drop for searches near home The number of Redfin.com home searchers looking to relocate to a new metro fell 4.2% from a year earlier in the first quarter, compared with a 15.6% drop for those looking to move within their current … Continue reading Out-of-town moves remain popular as high housing costs push homebuyers to affordable areas
Category: Real Estate
Redfin Reports Miami as Most Popular Metro for Relocators
A record 25% of Redfin.com home searchers looked to move to a different U.S. metro in January, many in search of relatively affordable housing A record one-quarter (24.9%) of Redfin.com users nationwide looked to move to a different metro area in January as remote work and elevated housing costs drove homebuyers to relocate. That’s according … Continue reading Redfin Reports Miami as Most Popular Metro for Relocators
As expected, Redfin reports asking prices down from the all-time high
A record-high share of home sellers are dropping their prices after this month’s historic mortgage-rate hike put a damper on homebuyer activity More and more, home sellers are ceding to the mounting pressure on affordability posed by this month's rapid mortgage-rate hike, according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. The median … Continue reading As expected, Redfin reports asking prices down from the all-time high
Redfin reports typical U.S. asking rent surpassed $2,000 for the first time in May
Asking rents were up over 30% in Cincinnati, Seattle, and Nashville and nearly 50% in Austin The median monthly asking rent in the U.S. surpassed $2,000 for the first time in May, rising 15% year over year to a record high of $2,002, according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. That’s … Continue reading Redfin reports typical U.S. asking rent surpassed $2,000 for the first time in May
RE/MAX National Housing Report for April 2022
Competitive Spring Market Greets Buyers and Sellers with More Listings, Higher Prices Signaling a flattening of the seasonal spring ramp-up, April 2022 home sales increased less than 1% over March – and dropped 12.8% year over year – across the report's 53 metro areas. That, coupled with an 11.5% increase in new listings from March to April, … Continue reading RE/MAX National Housing Report for April 2022
HGTV unveils the HGTV Smart Home 2022 in Wilmington, North Carolina
The Winner Will Receive a Prize Package Valued at Over $1.2 Million HGTV, a member of the Discovery, Inc. family of brands, today unveiled the newly built HGTV® Smart Home 2022 in Wilmington, NC. The winner will receive the fully furnished home, a 2021 Mercedes-Benz GLC 300 and $100,000 from LendingTree, a prize package valued at over $1.2 million. Video Tours Below! … Continue reading HGTV unveils the HGTV Smart Home 2022 in Wilmington, North Carolina
Redfin reports demand slips, pushing more sellers to drop asking prices
Early indicators of homebuyer activity falter further as mortgage rates shoot up. by Tim Ellis for Redfin Early-stage homebuying demand continues to falter this spring as new listings fell 7% from a year earlier, according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. At the same time, the average 30-year fixed mortgage rate … Continue reading Redfin reports demand slips, pushing more sellers to drop asking prices
Property taxes on single-family homes rise across U.S. in 2021, to $328 billion
Average property tax also up 2 percent, to $3,785 as effective rate declines slightly; Highest effective tax rates in Illinois, New Jersey, Connecticut, Vermont, Pennsylvania ATTOM, a leading curator of real estate data nationwide for land and property data, today released its 2021 property tax analysis for almost 87 million U.S. single family homes, which shows that $328 … Continue reading Property taxes on single-family homes rise across U.S. in 2021, to $328 billion
Take the guesswork out of home maintenance with this handy new app
Manage your home like a pro. There was a surge of first-time homeowners in 2020 and whether they purchased a home to escape a city, gain a remote work space or a yard for their kids, these new homeowners all have one thing in common: they must navigate the complexities of home maintenance. With this in … Continue reading Take the guesswork out of home maintenance with this handy new app
Disney Launches New Business to Develop Residential Communities
Storyliving by Disney will feature distinctively designed spaces, unique amenities and world-renowned service Do you want to feel Disney magic every day? As more and more fans look for new ways to make Disney a bigger part of their lives, the company today announced plans to introduce Storyliving by Disney, vibrant new neighborhoods that are … Continue reading Disney Launches New Business to Develop Residential Communities