David McDonald says buying his first home in the latter half of 2021 was stressful — though maybe not for the usual reasons. Even though he was working with a Realtor he trusted, he didn’t like that he couldn’t speak directly to the people selling their homes around North Bay, Ont., or that he’d repeatedly…
Tag: home realtor
Where People Moved in 2022
Although the population continues to increase, fewer Americans decided to move in 2022. After a historically low moving rate in 2021, data indicates that even fewer Americans moved across the country last year. But this is not a new trend. Millions of people moved during the pandemic, driven by the opportunity to work remotely, the…
More US home buyers are paying in cash, sweeping a majority of sales in some markets
Realtors in the region say many individuals who would have been priced out by Wall Street money a year ago are now able to step in, in particular buyers who made a profit selling property in more expensive parts of the United States. ”It’s mostly people retiring, or people who have sold something in other…
The 10 US Cities Where Home Sales Are Down the Most
If the housing market of just a year ago still seemed to be moving at quantum speed, today it’s more likely to an interminable traffic jam—with no exit ramps or HOV lanes in sight. As higher mortgage rates have made buying a home ever more expensive, the pool of buyers who can afford to purchase…
Canadian home sales begin 2023 at 14-year low
Home sales recorded over Canadian MLS® Systems edged back down 3% between December 2022 and January 2023, giving back all of December’s small gains and rejoining the mild downward trend observed since last summer. Gains in Hamilton-Burlington and Quebec City were more than offset by declines in Greater Vancouver, Victoria and elsewhere on Vancouver Island,…
CPI report revealed inflated cost of housing. What that means for rent, mortgages
Ever-increasing housing costs are not only straining budgets – they are also the biggest contributor to the nation’s bump in inflation, according to a report released Tuesday by the Bureau of Labor Statistics. The consumer-price index, a widely used measure of inflation, moderated to 6.4% in January from a year earlier and down from 6.5%…
Realtor Kevin Nash reflects on 25 years serving the Germantown, Milwaukee area
By Thomas J. McKillenManaging Editor A job transfer brought Kevin Nash and his family to Germantown while a love for the community will keep him here. “Once my wife came up here and she asked if we ever got another job transfer or something would happen, where would we go? I said, ‘This is it,…
Tennessee Realtor Puts Forth Superhero Feat to Sell Charred Colonial
What makes someone a superhero? A cape? Superhuman strength? Extraordinary powers that make the impossible possible? I put it before you, my wonderful readers, that a newly created superhero exists and is a Tennessee Realtor. Move over Batman and Superman, Paula Duvall is in town and her cape is freshly pressed and she is ready…
New association president excited for realtors to do ‘our whole jobs again’
Stepping into a leadership role at any time is an adjustment and doing so on the heels of a changing real estate landscape offers its own set of complications. But Amy Layton, who took over as president of the Niagara Association of Realtors in December, understood what she was facing. The region’s real estate market…
US pending home sales rose 2.5% in December. Realtors say the housing market is in recovery mode.
The numbers: US pending-home sales rose 2.5% in December, reversing a six-month losing streak, according to the monthly index released Friday by the National Association of Realtors (NAR). Pending home sales were down for six months in a row, as the US Federal Reserve increased interest rates and took off mortgage rates. Pending-home sales beat…
