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Housing starts hit highest pace since 2006

Housing Wire

Single-family housing starts ended 2020 on a high note, rising 12% in December to a 1.338 million unit pace – the highest pace since 2006, according to the Census Bureau. Remarkably, most industry experts believe construction rates will climb even higher in 2021. That’s up 27.8%

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2020 home sales hit highest level since 2006

Housing Wire

Existing home sales rose in December, and total home sales in 2020 reached the highest level in 13 years, according to the National Association of Realtors. What’s even better is that this momentum is likely to carry into the new year, with more buyers expected to enter the market,” said Yun. A total of 5.64 Sales also rose 0.7%

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The current REO market requires an expansion of services for business growth

Housing Wire

Balancing supply and demand is a delicate dance between new construction and existing properties. Presently, the demand for existing homes outpaces the available supply, raising potential concerns for both sellers and buyers.

Business 332
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U.S. home prices hit 14-year high in October

Housing Wire

from its former high in July 2006. Craig Lazzara, managing director and global head of Index Investment Strategy at S&P Dow Jones Indices, said that it’s likely COVID-19 has pushed buyers to move from urban apartments to suburban homes. million, according to the National Association of Realtors. respectively.

Buyers 542
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Lamacchia Realty Announces Top Producing REALTORS® for January 2024

Lamacchia Realty

has released its “Top Producing REALTORS®,” for January 2024! This program recognizes the Top 10 REALTORS® by company and the Top 3 or 5 REALTORS® by the office with the highest transaction numbers or sales for the month! Since then, she has taken off running and has helped her buyers and sellers reach their goals.

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Lamacchia Realty Announces Top Producing REALTORS® for March 2022

Lamacchia Realty

has released their “Top Producing REALTORS®,” for March 2022! This program recognizes the Top 10 REALTORS® by company and the Top 3 or 5 REALTORS® by office with the highest transaction numbers or sales for the month! Lamacchia Realty, Inc. Kelly joined the 2021 Lamacchia Realty President’s Club for the first time !

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How lenders can continue to serve borrowers despite housing affordability challenges

Housing Wire

Bill Dallas: As construction and labor costs have climbed, so, too, have home prices. from the previous year, marking the 116th straight month of year-over-year existing-home price increases, according to the National Association of Realtors. HousingWire: What are the current challenges when it comes to affordable housing?

Finance 329