For two weeks earlier this year, 30-year mortgage rates dipped below 6% in the South Bay of Los Angeles. Multiple offers materialized on properties that otherwise would have sat, and homes sold for $50,000 to $100,000 over list price. Then geopolitical conflict pushed oil prices and rates back up, and the market cooled just as ...
For years, lakefront real estate around Anderson, South Carolina ran on a straightforward formula: limited shoreline, steady inbound migration, and prices that moved in one direction. That formula has fractured. Persistent drought, a federal infrastructure decision that will keep Lake Hartwell’s water levels suppressed for up to a decade, and a glut of new construction ...
Homeowners renovating in London still default to a simple metric: square footage added, value gained. But that shorthand is increasingly unreliable. Analysis of London property values shows the amount a given square meter is worth varies sharply across the city, meaning a flat per-square-foot formula fails as soon as it’s applied to a specific street ...
Six months ago, homes in and around Jamestown, New York were moving fast regardless of price. That’s no longer the case. A clear divide has emerged: properties listed under $150,000 are still attracting quick offers, while homes above that threshold, including rural listings with acreage that would have sold rapidly earlier this year, are sitting ...
The Dallas-Fort Worth housing market is sorting transactions along a single axis: pricing accuracy. Properties listed at market value are moving in under two weeks across a wide range of price points, according to Katherine Hubbard, broker at DFW 1% Listings LLC. Properties listed above market value, often by sellers still anchored to the conditions ...
The Austin housing market spent years as one of the hottest in the country. Now sellers accustomed to fielding dozens of offers are adjusting to a market where buyers have leverage and new construction is setting the terms. According to Laura Ivy Blessing, who leads the Blessed Life Group in Austin and has more than ...
North Carolina’s Research Triangle has ranked among the country’s top relocation destinations for decades, but growth pushing northward into Franklin County, now the second-fastest-growing of the state’s 100 counties, is reshaping the luxury housing market in this part of the state. The buyers arriving are not shopping for production homes in master-planned communities. They are ...
The Dallas-Fort Worth metroplex has roughly four months of housing inventory, enough to tip conditions firmly in buyers’ favor after the seller-dominated stretch of 2022 and 2023. For first-time buyers, that shift has opened a window that did not exist two years ago: sellers willing to contribute to closing costs, combined with grant-based down payment ...
In a county where land for new construction is increasingly scarce, and supply sits below three months, it might seem like any well-maintained home would sell quickly. But in Orange County, California, a subtler sorting mechanism is separating homes that move in 30 days from those that sit for three months. The difference often comes ...
The Austin metro grew faster than any other major U.S. market from 2010 to 2022, according to Ahmad Homidi, a real estate agent with eXp Realty who focuses on new construction in the North Austin corridor. That pace has slowed, but the development pipeline in the northern and western suburbs has not shut off, and ...
A family calls a real estate agent looking to lease a property. They have strong credit scores, clean tax records, and enough cash to cover a double security deposit plus first month’s rent, roughly $8,000. What they don’t have is any idea they could buy a home instead. That scenario, described by Gisselle Maldonado, a ...
A well-priced home in good condition in central Pennsylvania typically goes under contract within one to two weeks. A home that misses on either variable, overpriced, poorly maintained, or both, begins to stall after three weeks, triggering a reassessment between agent and seller. That gap between fast-moving and lingering inventory is defining the region’s market, ...
For years, the housing shortage in DuPage County and the surrounding western suburbs of Chicago has had a straightforward explanation: homeowners locked into mortgage rates of 2% or 3% have little financial reason to sell. But a different source of supply is now filling part of that gap: older homeowners who are downsizing, moving into ...
The most common misconception among first-time homebuyers has not changed much over the years: they believe they need a large down payment and excellent credit to qualify for a mortgage. In parts of Los Angeles County where median home prices sit around $500,000, that belief keeps would-be buyers on the sidelines, paying rent while assuming ...
Six cities in the southeast corner of the Phoenix metro are in a seller’s market. A short drive south, in Maricopa, inventory has accumulated to a degree that could take years to absorb. The difference has less to do with demand, which remains relatively healthy across both areas, and more to do with where new ...
