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Invest in real estate, not the stock market

Housing Wire

Investing in real estate. In 2020, home prices soared by nearly 10% to levels not seen since 2014, all while inventory dropped significantly. The high demand created a competitive market, but also a successful investment environment for real estate enthusiasts. More for Real Estate Enthusiasts.

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How Biden’s Neighborhood Homes proposal impacts real estate investors

Housing Wire

Auction.com buyer and real estate investor Sue McCormick is ahead of the curve when it comes to President Joe Biden’s plan to revitalize underserved neighborhoods while also providing affordable housing for low- and moderate-income homebuyers. “My Markets with Most Qualifying Inventory. Local Investment at a Larger Scale.

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Millions will enter housing market in 2021: Zillow

Housing Wire

And now, with the COVID-19 vaccine circulating and the economy slowly regaining strength, Zillow researchers say millions of additional households could enter the housing market in 2021. ” Real estate agents and LOs: the great collaboration. . ” Real estate agents and LOs: the great collaboration.

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Homeowners gain $9.1 trillion in housing value in 2021

Housing Wire

trillion of housing value over the last year, according to a report published by Redfin this week. The report noted that home-price growth and a severe shortage of inventory worked in tandem to push housing values to record highs in 2021. As a result, the value of U.S. homes grew by 31.4%

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Home prices are dropping like it’s 2009

Housing Wire

Skyrocketing mortgage rates – now in the 7% range for some buyers – and limited inventory have driven mortgage affordability to its lowest levels since the early 1980s, a reversal from the frenetic boom in buying during 2020 and 2021. That monthly payment is up $930 from August 2021, a 73% increase. With mortgage rates at 6.7%

Inventory 523
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February 2021 Texas Real Estate Market Update

Listing Spark

Well folks, if you’re wondering if the market has cooled off at all now that we have rolled in to 2021, it hasn’t. To give an example of how we measure the type of market we are in, we look at what’s called the months supply of inventory. In a balanced market, we have typically have 4-6 months supply of inventory.

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DataDigest: How and where homebuilders are closing deals

Housing Wire

The Western pessimism is also unsurprising given the year-over-year declines Western states have seen in home values. Builders reported covering closing costs, offering discounted or free features, helping buyers sell their existing home and providing other incentives. 2019 level.

Inventory 401