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Prices for luxury homes soared in the first quarter 

Housing Wire

High-end buyers tend to be more immune to mortgage rate fluctuations and flock to the luxury housing market. 29, nearly half (46.8%) of luxury homes sold were purchased in cash, up from 44.1% A surge in new listings of luxury homes was not enough to curb the price growth associated with rising demand.

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While the Austin housing market isn’t sizzling, agents say it is still warm

Housing Wire

It is nearly April, which means temperatures in the Austin metropolitan area are heating up — and so is the housing market. While Austin has made headlines in recent months for the number of homebuyers looking to move away from the metro area, local real estate professionals say that buyer demand remains strong.

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Agents in Illinois grapple with the state’s housing inventory shortage

Housing Wire

Despite the population decline, Illinois’ housing market remains relatively strong. The state has an Altos Research Market Action Index score of 44, which is above the national score of 39. Altos considers anything above 30 to be indicative of a seller’s market. It’s depressing,” Laricy said of the downtown market.

Inventory 437
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SEATTLE ‘WALKING’ TOWARDS URBAN CONNECTEDNESS

Will Springer Realtor

A report from Smart Growth America and real estate info services firm Places Platform named Seattle one of the top five walkable cities in the nation. Portland was right behind us, with New York City at No. cities for first-year homeownership costs, according to real estate site Point2Homes. topped the list.

Sellers 36
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TRACKING THE SINGLE HOUSEHOLD AND OTHER LIFESTYLE CHOICES

Will Springer Realtor

The so-called STEMdex from Real Estate Consulting puts our city behind only Austin and Denver in an annual ranking of markets most likely to see the strongest STEM (Science, Tech, Engineering, Math) job growth. >> The typical home fix-and-flip in the U.S. I expect sales will pick up this year. Contact me for more information.