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  • Housing market gets boost as home sales see highest spike since 2020
    Real Estate News

    Housing market gets boost as home sales see highest spike since 2020

    February 28, 2023 /

    A slight decline in mortgage loan fees in December and January contributed to an improvement in pending house profits for a second consecutive thirty day period, in accordance to information unveiled Monday by the Countrywide Affiliation of Realtors. The Pending Residence Profits Index – a ahead-searching indicator of residence gross sales primarily based on agreement signings – improved 8{d4d1dfc03659490934346f23c59135b993ced5bc8cc26281e129c43fe68630c9} in January. 12 months-above-12 months, pending transactions dropped by 24{d4d1dfc03659490934346f23c59135b993ced5bc8cc26281e129c43fe68630c9}. The final time pending contracts registered an over 8{d4d1dfc03659490934346f23c59135b993ced5bc8cc26281e129c43fe68630c9} monthly improve was three months immediately after the pandemic lockdown, when showings arrived to a standstill. In June 2020, pending property sales speed increased 17{d4d1dfc03659490934346f23c59135b993ced5bc8cc26281e129c43fe68630c9} compared to the preceding month. “Buyers responded to better affordability…

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    Jerry Schmidt Comments Off on Housing market gets boost as home sales see highest spike since 2020

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    January 23, 2023
    I’m the director of forecasting for the National Association of Realtors. Here are 6 things you should know about the housing market now

    I’m the director of forecasting for the National Association of Realtors. Here are 6 things you should know about the housing market now

    July 11, 2022
  • Cold weather leads to a spike in house fires. Here’s how you can keep your home safe this Thanksgiving
    Home Decoration

    Cold weather leads to a spike in house fires. Here’s how you can keep your home safe this Thanksgiving

    November 22, 2022 /

    Firefighters battling a household fireplace. (Ty O’Neil/SOPA Illustrations or photos/LightRocket / Getty Images) As temperatures tumble, hearth departments get to function. House fires are extra likely in the cooler months, and the most most likely day of the 12 months for a house hearth is Thanksgiving. In 2019, hearth departments throughout the U.S. responded to above 1,400 cooking fires by itself on Thanksgiving, in accordance to the Countrywide Hearth Safety Association (NFPA). That is 288{d4d1dfc03659490934346f23c59135b993ced5bc8cc26281e129c43fe68630c9} of the number of cooking fires described around the day by day common. On common, FEMA stories, that approximately 3 persons die in fires on Thanksgiving Working day every yr, and 15 far more are…

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    Jerry Schmidt Comments Off on Cold weather leads to a spike in house fires. Here’s how you can keep your home safe this Thanksgiving

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    Diwali 2021: Here are 6 easy and creative DIY home decor ideas to try this festive season

    November 3, 2021

    Home landscapes ideal for finding holiday greenery

    December 15, 2021
    Zacks Industry Outlook Highlights The Home Depot, Lowe’s Companies, Builders FirstSource, Beacon Roofing Supply and GMS

    Zacks Industry Outlook Highlights The Home Depot, Lowe’s Companies, Builders FirstSource, Beacon Roofing Supply and GMS

    July 15, 2022
  • Home listings suddenly spike as sellers worry they’ll miss out on red hot market
    Real Estate News

    Home listings suddenly spike as sellers worry they’ll miss out on red hot market

    May 27, 2022 /

    Sharply larger mortgage loan premiums have caused a sudden pullback in residence income, and now sellers are rushing to get in before the purple-very hot current market cools off significantly. The supply of households for sale jumped 9{d4d1dfc03659490934346f23c59135b993ced5bc8cc26281e129c43fe68630c9} previous 7 days when compared with the same period a yr ago, according to Realtor.com. That is the most significant once-a-year attain the firm has recorded given that it began tracking the metric in 2017. Authentic estate brokerage Redfin also noted that new listings rose approximately 2 times as speedy in the four weeks finished Might 15 as they did in the course of the similar period of time a calendar year…

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    Jerry Schmidt Comments Off on Home listings suddenly spike as sellers worry they’ll miss out on red hot market

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    China’s real estate uncertainties persist, fueling market anxiety

    November 26, 2021
    Bloody property disputes a dark side of Mexico real estate

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    December 25, 2022
    What Millennials Really Think About Today’s Real Estate Market

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  • Hamptons Home Prices Rise, Luxury Homes in Contract Spike
    Luxury Real Estate

    Hamptons Home Prices Rise, Luxury Homes in Contract Spike

    April 10, 2022 /

    The source of actual estate listings for sale in the Hamptons fell to 450, dropping 8.1{d4d1dfc03659490934346f23c59135b993ced5bc8cc26281e129c43fe68630c9} on April 1 month about month and is virtually 55{d4d1dfc03659490934346f23c59135b993ced5bc8cc26281e129c43fe68630c9} reduce than the same time past 12 months, earning this thirty day period the most significant calendar year over year drop in actual estate inventory since this data has been measured.   The number of contracts signed outpaced the range of new listings introduced to the current market in all locations except Amagansett and H2o Mill, which experienced less listings sign contracts in March 2022 than in March 2021. All round, there were being 17.4{d4d1dfc03659490934346f23c59135b993ced5bc8cc26281e129c43fe68630c9} far more contracts signed in March 2022 than in…

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    Jerry Schmidt Comments Off on Hamptons Home Prices Rise, Luxury Homes in Contract Spike

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    How KEYS Meta Mansions is disrupting to the luxury real estate ecosystem in the Metaverse

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