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Tag Archives: Home prices

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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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Demand for Million-dollar homes soars

Source: NPR Unfazed by the recession, wealthy Americans are looking to upsize their homes in the pandemic, according to data from the National Association of REALTORS®. As a result, demand for million-dollar homes is climbing faster than...

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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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So many homes are selling that we could run out of...

So many homes are selling that we could run out of new houses in months How 2020 broke the housing market Existing home sales just hit a 14-year high — but prices keep skyrocketing and inventory tightening. At this rate, new...

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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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Here Are The Hottest Housing Markets Ranked By Realtor.com

Realtor.com just released its hottest market list. Compiled from June data, Realtor.com studied listing searches in each U.S. market along with supply, demand and prices. The list revealed surprises. For the first time...

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Millennial homeownership suddenly drops after a good run

Source: CNBC Homeownership was crawling slowly back from its record low two years ago, but it just stalled, and the youngest homebuyers are behind that. Millennials had been driving the nation's overall homeownership rate, showing the...

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