Five Million More Homes Needed to Accommodate New Household Growth
According to new research from Realtor.com, the U.S. is short 5.24 million homes, an increase of 1.4 million from the 2019 gap of 3.84 million. […]
Residential Real Estate
Mortgage Volatility Amid Inflation Uncertainty
There’s an ongoing debate among investors and policy makers regarding the direction of future inflation rates. This uncertainty is creating volatility in the mortgage lending […]
Turkey Leads in Global Annual Housing Prices Says Knight Frank
Turkey has the highest annual house price growth according to Knight Frank’s Q4 Global House Price Index. The European nation registered an annual house price […]
Will Rising Interest Rates Hurt the Housing Market?
Despite efforts by the Federal Reserve Bank to assure investors and the general public that it will work to maintain low interest rates over the […]
Unsold Inventory At All-Time Low as the Housing Market Continues to Sizzle
Total housing inventory at the end of December totaled 1.07 million units, down 16.4% from November and down 23% from one year ago (1.39 million), […]
The Number of U.S. Cities with a Typical Home Value of $1 Million Surges
While the typical value of a home in the United States is about $263,000, the number of “million-dollar cities” rose sharply in 2020, according to […]
The Best Performing Residential Markets Around the World
Price appreciation in the Philippine’s capital city of Manila lead the annual ranking of Knight Frank’s latest Global Residential Cities Index for the second year in […]
Record Prices and the Pandemic Slow Down Home Sales in November
Existing-home sales in the U.S. fell in November 2020, ending a five-month streak of monthly gains, according to a report by the National Association of […]
Low Mortgage Rates and a Hot Stock Market Drive Down All-Cash Home Purchases
Nearly a quarter of all home sales in the U.S. were paid for outright, according to a report by Redfin. About 24.3 percent of homes […]
San Diego Ranks First in Home Bidding Wars Says Redfin
National property broker Redfin is reporting this week that 53.6 percent of U.S. home offers written by Redfin agents nationwide faced competition in November 2020. […]