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Despite lack of supply, existing home sales rise 6.7%

Housing Wire

annually to $350,000, according to the Friday report from the National Association of Realtors. The supply of homes for sale fell to a record low, down 16.5% months of supply; a healthy market generally has between four and six months of supply. January sales fell 2.3% from a year ago. That translates to just 1.6

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What to Expect from the Real Estate Market This Winter

Eppraisal

The recent trends in real estate in the United States have delighted some people and frustrated others. Again, good news for sellers; a headache for seekers. Yet if history demonstrates anything, it reveals the cyclical nature of the real estate market.

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What has Been the Impact of COVID-19 on the Real Estate Market?

Boston Appraisal

But as life starts a trek back to a new state of normality, it will do us good to take a look at the real estate market and measure the impact of the Corona virus and how it will affect the market in the future. Anyone who is in the position to purchase real estate should act now before the next corona virus wave hits.

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What has Been the Impact of COVID-19 on the Real Estate Market?

Boston Appraisal

But as life starts a trek back to a new state of normality, it will do us good to take a look at the real estate market and measure the impact of the Corona virus and how it will affect the market in the future. Anyone who is in the position to purchase real estate should act now before the next corona virus wave hits.

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Here are 4 macro trends impacting the 2022 housing market

Housing Wire

Like many parts of the economy, housing construction may remain plagued by supply chain challenges, labor shortages and rising costs. This could possibly leave the housing market with insufficient supply to meet the potential high demand, and home prices may increase, but at a slower pace as affordability challenges could intensify.

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The evolution of the more productive real estate agent 

Housing Wire

Bonnie Williamson never intended to be a real estate agent. As more and more people enter the real estate industry – membership at the National Association of Realtors has ballooned to a record 1.6 Gault and Wexler both came from real estate families and have been in the industry for over 20 years.

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What to Know About Home Renovations in 2023

Lamacchia Realty

Factors such as supply chain disruptions, project delays, and increasing costs have greatly impacted both new construction and ongoing renovation projects. It’s so important to stay informed of the impact of inflation, availability of materials, and supply chain issues. Building materials costs index - U.S.