Over a quarter or 25.1 percent of house hunters in the United States were seeking to relocate to a new metropolitan area in February, according to real estate company Redfin. The interest to relocate registered at 22.9 percent in 2022, and approximately 18 percent prior to the pandemic. The latest number is a record high,…
Record Share of Americans Relocating to New Metro—Here’s Where They’re Going
Selling a Home? Survey Reveals Ideal Time to Get the Best Deal
A new study by Realtor.com indicates the week of April 16 through 22 is the best time for homeowners to sell, plus they could get $48,000 more for their home during that week than if they sold at the beginning of the year. A combination of higher prices, fewer homes on the market, faster sales…
Housing Market in Tech Hubs Cooling Faster Than Other Parts of US: Report
Housing markets in tech hubs and pandemic-migration hotspots are cooling faster than other parts of the United States amid a wave of layoffs in the technology sector and elevated mortgage rates, according to real estate broker Redfin Corp’s report on Monday. Redfin round out the top 10 metropolitan areas that cooled the fastest based on how…
Home Prices Drop, Breaking 11-Year Streak of Increases
The longest streak of rising home prices on record was broken in February when the median price of a home in the United States dipped by 0.2 percent in annualized terms. The National Association of Realtors (NAR) said Tuesday that the median existing home price was $363,000 in February, down 0.2 percent from $363,700 recorded…
East Palestine Real Estate Market in Limbo, as Fallout From Toxic Train Crash Continues
March 20, 2023
admin
Business & MarketsEast PalestineInvestmentOhioreal estateRegional & State NewsState NewsTrainUSUS NewsUS Real Estate
0 Comment
Prior to Feb. 3, East Palestine, Ohio, was a small, unassuming village in the northeast corner of Columbiana County, Ohio, close to the Pennsylvania border. The middle-class suburban community is considered safe and affordable, with a median home sales price of $140,000. But all that changed when the village became a national spotlight following the…
American Homebuyers Gain Leverage as Record Share of Sellers Slash House Prices: Redfin
March 17, 2023
admin
Business & Marketseconomyhome buyershousing concessionsMarketsreal estateU.S. real estate marketUSUS Real Estate
0 Comment
Home sellers are giving more concessions and price cuts to prospective buyers amid high mortgage rates and home prices, according to real estate brokerage Redfin. During the three months ending Feb. 28, sellers gave concessions to 45.5 percent of home sales recorded by agents at Redfin, according to a March 15 press release. This is…
Silicon Valley Bank Collapse Could Impact Housing Market in Two Ways: Zillow
March 16, 2023
admin
Business & MarketsCompanieseconomyFederal ReserveMarketsmortgage ratesreal estateSignature BankSilicon Valley BankUSUS NewsUS Real Estate
0 Comment
The recent collapse of Silicon Valley Bank (SVB) could impact the housing market in two separate ways, according to real-estate marketplace company Zillow. In an article published on March 14, Zillow chief economist Skylar Olsen noted that mortgage rates could fall if the Federal Reserve pulls back from its aggressive interest-rate hikes—which market experts have said looked likely to…
Salt Lake City Named Top US City for Minimalist Living
A new study by RentCafe, an apartment and self-storage website, points to Salt Lake City, Utah, as the best U.S. city for minimalist lifestyles, followed by Arlington, Virginia, and St. Paul, Minnesota. Rounding out the top 5 locations are Madison, Wisconsin, and Atlanta, Georgia. Part of the Yardi real estate software development family, RentCafe ranked 96…
Major Homebuilder Leaves California for Texas as ‘Blue’ State Business Exodus Continues
March 9, 2023
admin
Business & MarketsCaliforniaCompaniesDemocratseconomic policieseconomyFloridaHomebuilderIllinoisNew YorkPolicies & ImpactsPoliticsreal estateRegional & State NewsSocial IssuesState NewsTexasUSUS Real Estate
0 Comment
A major U.S. homebuilding company has announced plans to move its headquarters out of California, in another blow to the state. Landsea Homes, a Newport Beach, California, construction firm, which designs and builds master-planned communities and houses across the country, announced on Mar. 8 that it would move its corporate headquarters to Dallas, Texas. The firm has developed homes and communities in…
Homebuilder Leaves California for Texas as ‘Blue’ State Business Exodus Continues
March 9, 2023
admin
Business & MarketsCaliforniaCompaniesDemocratseconomic policieseconomyFloridaHomebuilderIllinoisNew YorkPolicies & ImpactsPoliticsreal estateRegional & State NewsSocial IssuesSouthern CaliforniaState NewsTexasUSUS Real Estate
0 Comment
A U.S. homebuilding company has announced plans to move its headquarters out of California, in another blow to the state. Landsea Homes, a Newport Beach, California, construction firm, which designs and builds master-planned communities and houses across the country, announced on Mar. 8 that it would move its corporate headquarters to Dallas, Texas. The firm has developed homes and communities in Boston,…
US News
RSS Error: A feed could not be found at `https://www.theepochtimes.com/c-us/feed`; the status code is `200` and content-type is `text/html; charset=utf-8`