Days on market hit 15
On average, homes in both June and July sold in just 15 days, which Redfin described as the “lowest median days on market in history
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Supply of Homes Falls to 1/38M, Lowest Level in History
This year also saw record-low inventory, with numbers dropping to 1/38 million homes for sale in June on a seasonally adjusted basis. The report blames
The National Median Sale Price Rose to an All-Time High of $386k in 2021
The median home sales price in the U.S. peaked in June at $386,000, which the report describes as an all-time high. That number also represents
(Wall Street Journal subscriber content) The young people who once seemed doomed to rent can afford more house than earlier generations at their age, thanks to high incomes and low mortgage rates. #Millennials
(Wall Street Journal subscriber content) The young people who once seemed doomed to rent can afford more house than earlier generations at their age, thanks
“For those concerned about the loss in purchasing power of money and savings, be assured that real estate has proven to be a good hedge against inflation” NAR Chief Economist Lawrence Yun
“For those concerned about the loss in purchasing power of money and savings, be assured that real estate has proven to be a good hedge
Homeowners are sitting on record home equity: By the end of the third quarter, borrowers had a record $9.4 trillion in tappable home equity collectively, or an average of $178,000 per borrower. That marks a 32% jump year-over-year.
Homeowners are sitting on record home equity: By the end of the third quarter, borrowers had a record $9.4 trillion in tappable home equity collectively,
Friday Freebie: Educate Buyers and Attract Leads with this Homebuying Guide
A comprehensive (and brandable!) guide that you can use to attract new leads and educate first-time home buyers, all at the same time.
Hedge fund exec sells Manalapan mansion for $90M
The home was just built in 2020.
Coral Gables mansion sells for $15.5M
This home had a big gain in value.
Rep. Bryan Avila of Miami Springs, has requested $25 million in the next state budget to restore the Freedom Tower at 600 Biscayne Blvd., a signature building by noted architects that opened as home to the Miami Daily News in 1925.
Rep. Bryan Avila of Miami Springs, has requested $25 million in the next state budget to restore the Freedom Tower at 600 Biscayne Blvd., a