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Tag: Housing Market

Epic Shortage of Homes For Sale Pushes Prices Even Higher

April 5, 2021 Chris B. Georgakopoulos

CNBC’s Diana Olick reports that home prices and mortgage rates are both going up around the country, and that’s making…

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Posted in: Daily News Filed under: CNBC, daily news, Diana Olick, Housing Market, housing shortage, Inventory Shortage, mortgage rates

Buyers Feeling Rate Pressures

March 29, 2021 Chris B. Georgakopoulos

With mortgage rates now at 3.17%, many buyers are rushing to get ahead of further increases. Home buyers may feel even…

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Posted in: Daily News Filed under: 30 Year Fixed Rate, Coronavirus Pandemic, COVID-19, Freddie Mac, Home Buyers, Homebuying, Housing Market, mortgage rates, NAR Economists Outlook Blog

‘Lopsided Recovery’ Still Causing Housing Market Hurdles

March 12, 2021 Chris B. Georgakopoulos

Buyers not only have fewer homes to choose from, but they need to act fast to succeed. The housing market…

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Posted in: Daily News Filed under: Buyer Demand, Coronavirus Pandemic, COVID-19, daily news, Home Buyers, Homebuying, housing, housing inventory, Housing Market, Inventory Shortage, Realtor.com Housing Market Recovery Index

Report: 50% Fewer Homes for Sale This Year

March 5, 2021 Chris B. Georgakopoulos

The housing market is inventory-starved heading into spring, and buyers should brace for fierce competition. In Denver, real estate pros…

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Posted in: Daily News Filed under: Buyer Demand, daily news, Home Buyers, housing demand, Housing Market, Inventory Shortage, Realtor.com Monthly Housing Trends Report

‘Spillover Markets’ Catch a Wave With Buyers

March 2, 2021 Chris B. Georgakopoulos

Consumers seeking lower housing prices are looking farther from central metro areas. View realtor.com®’s list of the hottest housing markets.…

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Posted in: Daily News Filed under: Affordable Housing, daily news, Homebuying, Housing Market, real estate news, Real Estate Trends, Realtor.com, Spillover Market

Thinking Of A New Wooden Deck For Spring? It May Bust Your Budget

February 12, 2021 Chris B. Georgakopoulos

The cost of lumber is going through the roof, and that is hitting the housing industry on all fronts.  The…

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Posted in: Daily News Filed under: CNBC, construction, contractors, Coronavirus Pandemic, Cost of Goods, COVID-19, daily news, Diana Olick, homebuilders, Housing Market, housing starts, lumber, new construction, renovation

Home Sellers Are Feeling More Optimistic

February 10, 2021 Chris B. Georgakopoulos

As resale profits soar, homeowners increasingly have a favorable view of selling, according to a new consumer sentiment index. As…

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Posted in: Daily News Filed under: Consumer Confidence, Consumer Sentiment Index, daily news, Fannie Mae, Housing Market, real estate news

Poll: Consumers Expect Even Hotter 2021 Market

January 15, 2021 Chris B. Georgakopoulos

“Most homeowners are well aware that their home value has increased and they’ve become wealthier,” says Redfin’s chief economist. Sixty…

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Posted in: Daily News Filed under: appreciation value, daily news, Home Buyers, Homebuying, homeowners, Housing Market, Redfin

Homeownership Still More Affordable Than Renting in Most Counties

January 12, 2021 Chris B. Georgakopoulos

The most affordable markets tend to be located in the South and Midwest, especially in counties with a population of…

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Posted in: Daily News Filed under: Affordable Housing, ATTOM Data Solutions, Coronavirus Pandemic, COVID-19, homeownership, Housing Market, Migration, Renting

Contract Signings Recede Slightly But Remain Strong

December 1, 2020 Chris B. Georgakopoulos

“We may be starting to see rising home prices hurt affordability,” NAR’s chief economist says. Pending home sales dipped slightly…

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Posted in: Daily News Filed under: housing inventory, Housing Market, housing snapshot, Inventory Shortage, NAR, NAR Pending Home Sales Index, pending home sales, PHS, WFH

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