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Category Archives: Home Prices

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How the U.S. Housing Market Was Rocked by COVID-19-and Where We...

How the U.S. Housing Market Was Rocked by COVID-19-and Where We Go From Here  (click link to read more) One year into the COVID-19 pandemic, inventory has hit record lows, prices have skyrocketed, and homes that come to market...

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Bidding wars off the charts

Source: CNBC Buyers are increasingly facing fierce bidding wars in their hunt for a home. Even as home prices surge and competition remain tight, house hunters are undeterred. About 40% of potential buyers who’ve been searching for a...

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Housing market boom may tempt sellers to overprice

Source: Homelight It’s a seller’s market and homeowners are holding firm on the price. More than half of about 1,000 real estate professionals recently surveyed believe the biggest challenge that home sellers will face in 2021 is the...

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California Housing Market ends year on high note

Source: C.A.R. Despite a global pandemic that lingered most of the year, two lockdowns and a struggling economy, California’s housing market closed out 2020 on a high note, recording solid sales and a fifth record-high median price in...

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Real Estate Prices Soar During The Pandemic

Source: CalMatters Home prices have soared across the country since the pandemic, and across California, home prices are up by almost 20%. The Central Coast, a tight housing market to begin with, has been squeezed even tighter with prices up...

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Baby Boomers won’t downsize homes anytime soon

Source: Housing Wire Baby Boomers are staying put and their kids are sticking with them. A study released Thursday by Trulia examined the housing situations of homeowners 65 and older and compared it with a decade ago. It uncovered a...

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Home Searches Are Stretching on Longer

Source: REALTOR® Magazine House hunters who are actively seeking a home to buy are spending significant amounts of time looking for that perfect space, according to a new poll by the National Association of Home Builders. Making sense of...

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In May, sales of previously-owned homes slumped, the second month in...

Source: Market Watch In May, sales of previously-owned homes slumped, the second month in a row of declining sales. The National Association of Realtors, which tracks those sales, pointed to the same culprit it’s blamed for the past few...

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Could recreational pot boost your home price?

Source: The Mercury News As recreational marijuana sales ramp up throughout the Bay Area, could the newly legal drug end up creating an unexpected type of high — in our real estate market? Researchers looking at the impact of legalized...

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Here are the most valuable housing markets in the US

  Source: Business Insider Anton_Ivanov/Shutterstock The US housing market saw significant growth last year, according to a report from Zillow cited by Bloomberg. New York and Los Angeles have the most valuable overall housing...

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