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Huge sections of Richmond are unaffordable for buyers
Households in substantial swaths of the Richmond region are no for a longer period inexpensive for the normal Richmonder to purchase. Driving the information: Overall home sale rates have surged in recent a long time, but the boosts have been the highest and most remarkable in the after most inexpensive pieces of Richmond, Chesterfield and Henrico, a 3-yr research of Richmond’s genuine estate industry unveiled last week uncovered. Institutional buyers have driven considerably of the boost in Richmond’s formerly reasonably priced neighborhoods, snapping up as significantly as a quarter of each and every dwelling sale in excess of the previous 3 yrs. In the meantime, property finance loan programs have…
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These 210 housing markets are now vulnerable to 20{d4d1dfc03659490934346f23c59135b993ced5bc8cc26281e129c43fe68630c9}-25{d4d1dfc03659490934346f23c59135b993ced5bc8cc26281e129c43fe68630c9} home price declines, finds latest Moody’s downgrade
Should you rent or buy a home? The answer is getting more complicated
Affiliates of Blackstone Real Estate to Acquire PS Business Parks, Inc. for $7.6 Billion
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Huge crowd shows up to see Raleigh home listed at under $300,000 :: WRAL.com
By Bryan Mims, WRAL reporter & Heather Leah, WRAL multiplatform producer Raleigh, N.C. — A viral Fb video clip is giving perception into just how rigorous the demand from customers for housing is in Raleigh – particularly housing beneath $300,000. The online video, shared by authentic estate agent Monique Edwards with NC Residing Realty, exhibits crowds of people today showing up to tour a property in north Raleigh. A line of cars stretches up and down the community avenue. Future potential buyers showed up once again Wednesday to check out the household on Lafferty Court, which is outlined for $260,000. Considerably less than 8.5{d4d1dfc03659490934346f23c59135b993ced5bc8cc26281e129c43fe68630c9} of households stated for sale throughout…
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What Real Estate Investors Need to Know About the 2{d4d1dfc03659490934346f23c59135b993ced5bc8cc26281e129c43fe68630c9} Rule
Real estate agents got $3.9 billion in Covid relief PPP loans. The housing market boomed, but few repaid the loans.
Zillow’s home-buying debacle shows how hard it is to use AI to value real estate
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12 Huge Design Trends You’ll See Everywhere in 2022
So far, the start of 2022 has given us a heavy dose of deja vu. The COVID-19 pandemic continues to rage on. Mask mandates have returned. “Joe Millionaire” is back on TV. (We did a double take, too.) With everything seeming bleakly the same, it makes sense that you might want to make something in your life look different—even if the world outside continues to feel rote. That’s why we consulted with our stable of designers and tastemakers to get the scoop on the home trends they anticipate will be huge in 2022. And trust us—this is the makeover you deserve. Here’s what to watch for: 1. Vintage and craft…
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‘TikTok changed my life.’ Real estate agents find huge success on the app
Last year, a Zillow survey showed that 36{d4d1dfc03659490934346f23c59135b993ced5bc8cc26281e129c43fe68630c9} of buyers would even purchase a property sight unseen. But despite all the desperate buyers willing to skip the in-person showing, most people still expect to actually see a home first. During the height of the pandemic, real estate agents across the country discovered that social media platform TikTok was an ideal way to safely show prospective buyers homes. Now, some are saying the video app has revolutionized the way they sell real estate — and it is here to stay. Madison Sutton is a 25-year-old agent in New York City. She specializes in off-market deals and what she calls “hidden-treasure apartments.”…
