Remove 2024 Remove Construction Remove Home Value Remove Realtors
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Do Wood Floors Increase Home Value?

Lamacchia Realty

Do Wood Floors Increase Home Value? If you’re thinking about selling your house, one upgrade that can increase your home’s resale value is hardwood flooring. Potential home buyers may be looking for that extra bit of charm that wood floors offer. Trust your REALTOR® to sell your home for what it’s worth.

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‘Hidden Costs’ of Homeownership Continue to Soar 

Appraisal Buzz

Home values have risen by 40% since the beginning of the pandemic. The National Association of Realtors reported that the median price of an existing home in March 2020 was $280,700. By March 2024, the figure had risen to $393,500. With an average annual cost of $29,015, Hawaii is an expensive place to own a home.

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2024 Texas Real Estate Housing Report

Listing Spark

As we enter into 2024, we are stepping out of one of the most turbulent years for real estate in Texas in some time. On the heels of the largest run up in home values in recorded history, we saw an abrupt and heavy shift that’s been challenging to grapple with for sellers and buyers. trillion compared to $2.75

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Texas Real Estate Trends: Q3 2023 Comprehensive Review

Listing Spark

Many have been caught off guard by the spike in rates and are cautiously waiting and hoping for home values to become more affordable. Markets like Austin, which experienced the most substantial surge in values between 2020 and 2021, have seen the most significant increases in months’ supply of inventory and days on market.

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8 Experts: Sky-High Housing Prices Won’t Fall

Empire Appraisal Group

On the supply side, a decade of underbuilding of homes, regulatory barriers, high construction costs combined with people staying longer in their homes have kept housing inventory low. million people between ages 27 to 33 – will be actively trying to buy homes through 2024, according to housing analyst Logan Mohtashami.

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ROOTING HARD FOR LOWER MORTGAGE RATES

Will Springer Realtor

The Federal Reserve recently updated its forecast, hinting at a potential decrease of about 75 basis points (0.75%) in its short-term lending rate by the year’s end – promising news for borrowers in 2024. BY THE NUMBERS >> Seattle metro leads the nation with construction cranes – 45 – according to a Q3 summary from the RLB Crane Index.

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REAL ESTATE SETTLEMENT WILL UNSETTLE BUYERS

Will Springer Realtor

Recent news that the National Association of Realtors® (NAR) wishes to settle a series of lawsuits from home sellers has sent ripples through the real estate industry. Insurance companies may argue, however, that the costs are simply increasing along with home values. per $1000 of home value) but soaring elsewhere.