For many, being in the great outdoors is, well, great. Help your outdoorsy clients move to, or as close as possible to, one of our country’s national parks as either full- or part-time homeowners. (Learn to better serve your primary and second-home clients by registering and participating in this new, free webinar offered to you […]
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Monthly home price acceleration has begun slowing down in most US metros. Slowing Trend in Home Price Growth Despite clocking in at +19.8 annual growth in August as indicated by the latest release of the S&P CoreLogic Case-Shiller Index, home price acceleration is showing signs of cooling after 10 months of annual double-digit price growth. […]
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In anticipation to a return to the office, Manhattan rents jumped to record heights. Record Jump in Rent Prices in New York City October saw a record jump in Manhattan apartment rents as workers expect a return to on-site offices. According to the latest report from appraiser Miller Samuel and brokerage Douglas Elliman Real Estate, […]
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The West had far higher levels of equity-rich mortgaged properties during Q3. The highest share of seriously underwater mortgaged properties remained in the South and Midwest during Q3 2021. (Learn how to use this Q3 2021 equity-rich and seriously underwater data by registering and participating in this new, free webinar offered by Time and Julie […]
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Now that it’s possible to buy a home online by video tour, buyers need to know what they won’t learn about the house from online exposure and what to do about it. Research Indicates that 39% of Millennials Are Fine Buying Homes Online Zillow research indicates that 59% of millennials said they’d be semi-confident about […]
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One in three homes in the US were considered equity rich in Q3 2021 while one in 29 mortgages homes were considered seriously underwater. (Learn to use this data about equity-rich properties and seriously underwater mortgages by registering and participating in a new, free webinar offered by Time and Julie Real Estate Coaching. READ: 2022 […]
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The housing market in Canada posted the strongest increase in home sales since the onslaught of the pandemic. Home Sales Surged +8.6% m/m in Canada The Canadian housing market came back to life in October. Home sales surged +8.6% m/m posting the second-best October sales numbers on record. Benchmark prices for homes jumped +2.7% m/m. […]
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Importantly, the National Association of REALTORS® (NAR) helped to maintain the 1031 Tax Deferred Exchange. Section 1031 of the IRS Code to Stay on the Books Section 1031 of the Internal Revenue Code referring to like-kind exchanges which allows taxpayers to defer but not eliminate payment of capital gains and recapture tax on the sale […]
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New studies indicate that disparities in home price and income growth rates are shutting out many prospective buyers from the housing market. Lack of Housing Affordability Increasing Even Before Pandemic Despite the fact that the COVID pandemic exacerbated the differences between skyrocketing home prices and plummeting household incomes for many workers, housing affordability was a […]
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Tim and Julie Harris 