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Cheapest States to Buy a House in 2022

June 1, 2022 by cara Leave a Comment

Skyrocketing prices and record-low inventory have made buying a house impossible for many Americans but for those who are willing to relocate, a new study from Rocket Mortgage ranking the cheapest states to buy a home may offer some homebuyers hope. While several studies have been done with varying results due to different contributing factors… [Read More]

Filed Under: Real Estate Market Conditions Tagged With: affordable housing, buying, housing market, market stats

Proposal Lists Ways to Address House Underbuilding in the U.S.

October 4, 2021 by cara Leave a Comment

A new report released by the National Association of Realtors and authored by the Rosen Consulting Group, has highlighted the extensive underbuilding in the U.S. and the effects of underinvesting in housing. Following decades of underinvesting and underbuilding, the country faces a shortage of available housing. There is also a worsening affordability crisis and an… [Read More]

Filed Under: Real Estate Market Conditions Tagged With: existing homes, housing market, market stats, real estate market, redevelopment

Home listings Fall to Record Low Causing Bidding Wars

March 21, 2021 by cara Leave a Comment

A nationwide survey conducted by Redfin found that nearly 56% of offers for homes faced bidding wars in January, up nearly 4% from December of last year. More than half of homes are now going under contract in less than two weeks. This marks the ninth consecutive month where more than half of home offers… [Read More]

Filed Under: Real Estate Market Conditions Tagged With: market conditions, market stats, real estate market, real estate trends, selling

Pending Home Sales Stumble 2.2% in September

November 2, 2020 by cara Leave a Comment

After four consecutive months of contract activity growth, pending home sales experienced a minor decline. All four major U.S. regions however have recorded notable year-over-year increases. This according to the National Association of Realtors. NAR’s Pending Home Sales Index measures the change in the number of homes under contract to be sold but still awaiting… [Read More]

Filed Under: Real Estate Market Conditions Tagged With: Market Report, market stats, real estate

New Home Sales Surge to Highest Level Since 2006

October 1, 2020 by cara Leave a Comment

U.S. new-home sales have surged to its fastest pace since before the great recession despite the pandemic. Sales of new homes have increased by 4.8% the Census Bureau announced last week. The housing marked extended its winning streak as Americans continued taking advantage of record-low mortgages. Sales of new single-family homes exceeded an annual rate… [Read More]

Filed Under: Buying, Real Estate Market Conditions Tagged With: Market Report, market stats, real estate, real estate market, real estate trends

Residential sales cool during August heat

September 17, 2018 by cara Leave a Comment

Real Estate Trends

Rising home prices and decreased inventory continued to take its toll on the Charlotte residential sales market in August, the third month of year-over-year declines in real estate closings. Sales in the Charlotte MLS market dropped to 4,514 homes sold in August, a 6 percent drop from the same period a year ago. CMLS President… [Read More]

Filed Under: Charlotte Area News and Information, Charlotte Real Estate News, Featured, Real Estate Market Conditions Tagged With: Charlotte Real Estate Market, Market Report, market stats

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