The rise in mortgage rates resulting from the Federal Reserve’s effort to slow the economy and inflation by raising interest rates is cooling the housing market, causing the inventory of homes for sale to grow and home prices to drop in many areas. At the same time, however, inventory is still low enough and prices […]
Florida’s real estate market traditionally has been understood as a mixture of hospitality-oriented properties and second homes used for vacations and rentals. There’s certainly truth to this, but the Sunshine State has increasingly become a primary place of residence for people and businesses. The state’s population increased by 211,000 people from July 2020 to July […]
Rising home prices in the United States are giving buyers sticker shock virtually everywhere they look. Such is the reality of a real estate market that has continued to rocket to new heights at a dizzying pace over the last two years. If you really want a sense of how wild some of the price […]
The experience of home buyers during the red-hot real estate market of the COVID-19 pandemic has been a punch in the gut, to say the least. Many young first-time home buyers, Millennials who were given few options to choose from, now have misgivings about certain aspects of the properties they purchased under frantic circumstances. Zillow’s […]
U.S. home buyers who were hoping to see a friendlier market in 2022 have largely been told to curb their enthusiasm in advance of the busy spring real estate season. Worsening delays in new home construction appear to be compounding the issue further. “Production disruptions are so severe that many builders are waiting months to […]
The price inflation of the pandemic real estate market in the United States has not been distributed equally. Most major markets across the country have seen median home prices increase at varying levels, but some have been supercharged by home buying trends and unique market conditions. In some areas, the attractiveness of properties, combined with […]
The start of 2022 comes with a fresh reminder that the coronavirus pandemic is still evolving with the emergence of the omicron variant. COVID-19 continues to be a disruptive force in public health and the economy. It came as a surprise to some that the pandemic, rather than send the U.S. housing market into a […]
The historic combination of factors that produced soaring U.S. home prices and a hyper-competitive real estate landscape during the coronavirus pandemic will become a case study for the ages in the years to come. Homeowners who managed to sell at a significant markup may have seen their fortunes dramatically change for the better, making good […]
One of the far-ranging effects of a supply shortage for would-be homebuyers in the United States is that more and more people who are priced out of home ownership are left instead to rent. Even before the pandemic, large cities in the U.S. had been anticipating growth in rental demand by building new multifamily properties […]
The starkest months of the coronavirus pandemic presented a sobering view of commercial real estate in the United States, with plummeting values across lynchpin sectors such as office buildings, hotels and malls that historically have been key investment properties. Other sectors saw significant growth during 2020 that was directly driven by the realities of such […]
