Remove 2024 Remove Buyers Remove Luxury Properties Remove Mortgage
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Prices for luxury homes soared in the first quarter 

Housing Wire

Luxury home prices in the U.S. year over year in the first quarter of 2024, with the median price hitting a record $1.225 million, according to data from Redfin. In comparison, prices for non-luxury homes rose by 4.6% High-end buyers tend to be more immune to mortgage rate fluctuations and flock to the luxury housing market.

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How to write a lead-winning, memorable real estate agent bio (+ examples)

Housing Wire

In 2024, Tate received Coldwell Banker’s International President’s Premier Award representing the company’s top 1% of all sales professionals. Tate’s track record working in luxury sales serves as the real estate version of the ‘Good Housekeeping Seal’ of approval. She underscores her expertise and global experience.

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Residential Appraisals and Airbnb Income?

Appraisal Today

NOTE: Please scroll down to read the other topics in this long blog post on real estate market changing, appraisal bias research, unusual homes, mortgage origination stats, etc. We’ve seen more luxury properties sell (larger homes) and buyers at higher price points (larger homes) have been taking advantage of being able to work from home.

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8 Different Types Of Home Loans

Movoto

A decisive majority of home buyers ( about 80% ) rely on one of a few types of home loans available to purchase a home. Each has unique benefits, though not all types of mortgage loans apply (or are accessible) for every home sale. This is yet another “minimum” threshold, as most want mortgage recipients below 35% debt-to-income.

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TRACKING THE SINGLE HOUSEHOLD AND OTHER LIFESTYLE CHOICES

Will Springer Realtor

SPOTTING TRENDS Builders are hearing from prospective buyers: Developers are being asked to create stylish and functional homes with little compromise on size and at lower prices. Builders are partnering with mortgage lenders to deliver lower interest rates, either through temporary or permanent rate-busting promotions.