Browse Tag

homes

Don’t Be Alarmed by Rising Prices for Homes, Cars, and Gas

14 mins read

The cost of homes is soaring — and so is the cost of the lumber to build them. The price of cars and gas are up sharply, too, as are prices for products ranging from corn to computer chips. Now worries are rising that as the post-pandemic economy comes back to life, a sustained surge of inflation could undermine the recovery, University of California notes.…

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Don’t Be Alarmed by Rising Prices for Homes, Cars, and Gas

14 mins read

The cost of homes is soaring — and so is the cost of the lumber to build them. The price of cars and gas are up sharply, too, as are prices for products ranging from corn to computer chips. Now worries are rising that as the post-pandemic economy comes back to life, a sustained surge…

Coronavirus is manipulating the housing inventory crisis in unpredictable ways

6 mins read

The FINANCIAL — A historic inventory crisis is driving up home prices to new highs, but understanding why would-be sellers are sitting on the sideline had been guesswork. Now a new Zillow survey[i] is shedding light on how the pandemic is influencing homeowners who are considering selling in the next three years, and the reasons why they’re staying put. …

Mortgage rates continue to fall historic low

2 mins read

The FINANCIAL — Freddie Mac (OTCQB: FMCC) released the results of its Primary Mortgage Market Survey® (PMMS®), showing that the 30-year fixed-rate mortgage (FRM) averaged 2.80 percent, the lowest rate in our survey’s history which dates back to 1971. “Mortgage rates remain very low, providing homeowners who have not already taken advantage of this environment ample opportunity to do…

How to score your dream house

11 mins read

The FINANCIAL — Home shoppers wanting to buy right now might be reading headlines about the housing market that are scaring them away — low inventory, high prices, homes selling at an extremely fast pace across all price ranges. But near-record low mortgage rates are creating a huge opportunity for buyers to get more for their money,…

How A Biden Presidency could change housing sector

12 mins read

The FINANCIAL — What happens if the major polls are right and the upcoming election results in a change of administrations, if Trump is out and Biden is in? How might the housing sector change? One place to look is the 2020 Democratic platform. It includes a suggestion that might significantly impact the real estate market…

Entry-level home sales continue to accelerate

5 mins read

The FINANCIAL — New Zillow® research shows many homes sold just days after hitting the market in September, regardless of price, with the typical1 U.S. home going under contract in just over two weeks. This is one day quicker than August, about 44% faster than this time last year, and significantly faster than even a typical spring selling…

Vacation homes’ popularity up by 50% from last year

7 mins read

The FINANCIAL — Impacts from the coronavirus pandemic have rippled out to traditional vacation destinations, which are seeing increased interest from homebuyers as shifting priorities and preferences transform where and how people want to live. Page views of for-sale listings are up nearly 50% from a year ago in metro areas typically considered vacation destinations, defined…