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Luxury home sales rise 41.5%, making biggest jump since 2013

Housing Wire

In the largest increase since 2013, luxury home sales rose 41.5% The post Luxury home sales rise 41.5%, making biggest jump since 2013 appeared first on HousingWire. in the third quarter, according to a new report from Redfin.

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Home Repair, Remodeling Costs on the Rise

Appraisal Buzz

from Q1 of 2013. The Index cost basis is January 2013, and the report is updated quarterly. According to the Q3 2024 Verisk Remodel Index , the cost of home repairs and remodeling in the third quarter of 2024 continued to increase, rising by 1.08% quarter-over-quarter, and just over 3.35% from the third quarter of.

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Housing market sees record seller-buyer gap

Housing Wire

gap — or roughly 490,000 more sellers than buyers — and the widest margin recorded since Redfin’s data tracking began in 2013. A similar trend occurred in 2013 and 2014. housing market is experiencing its largest-ever imbalance between home sellers and buyers, with an estimated 1.9 million sellers compared to 1.5

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Arizona has become a top choice for those fleeing California

Housing Wire

Census Bureau county-to-county migration data between 2013 and 2022 to identify the most popular and profitable moving routes from California to Arizona. That’s according to a report released Monday by StorageCafe , a national marketplace for storage space and an affiliate of real estate data provider Yardi. The report reviewed U.S.

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Black Homeownership Makes Gains, But Still Lags Behind Other Cohorts 

Appraisal Buzz

in 2013), with over 11.8 million homeowners) of any racial group since 2013. The Black-white homeownership rate difference has increased by 28 percentage points since 2013, despite improvements. in 2013 to 51% in 2023an increase of 3.5 million households since 2013. in 2013 to 72.4% Black Americans (+2.8

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Reverse mortgage alums secure financing for alternative equity-tapping product

Housing Wire

In 2013, Corn and his partners launched RMF , which became a leading reverse mortgage lender. Corn is a longtime reverse mortgage industry professional, having served in leadership roles at Financial Freedom and EverBank Reverse Mortgage , and as vice president for MetLife ’s reverse mortgage division. 31 of that year.

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Solving the Affordable Housing Crisis

Appraisal Buzz

A Cautionary Tale from 2013 Let me start with a personal story. In 2013, I acquired an apartment complex in Austell, Georgia. Today, I want to dive deep into the current rental market environment, share some personal insights, and most importantly, discuss how we can address these challenges head-on.