Realtors say the notion of a typical starter home for young Canadians has changed, especially in the country’s biggest housing market. For many young homebuyers, the days of being able to follow in their parents’ footsteps and buy a traditional, detached starter home have largely come to an end in Canada’s big cities, according to…
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Vail Valley broker Sara Hoodicoff to co-chair session at Colorado Association of Realtors event
Local Realtor Sara Hoodicoff will co-chair a seminar on international sales at this week’s Colorado Association of Realtors Spring Summit in Vail.Sara Hoodicoff/courtesy photo The Colorado Association of Realtors is holding its spring summit this week at the Four Seasons in Vail. Local broker Sara Hoodicoff will co-chair one of the meetings at the three-day…
Existing-Home Sales Slid 2.4% in March
WASHINGTON (April 20, 2023) – Existing-home sales edged lower in March, according to the National Association of Realtors®. Month-over-month sales declined in three out of four major US regions, while sales in the Northeast remained steady. All regions posted year-over-year decreases. Total existing-home sales,1 https://www.nar.realtor/existing-home-sales – completed transactions that include single-family homes, townhomes, condominiums and…
Realtors host homebuyers seminar Saturdays
The IDEA Committee of Sierra Nevada Realtors is hosting a bilingual homebuyers seminar called “New Year, New Home” on April 22 from 10 am to 1 pm The event will take place at 300 S. Curry St., in Carson City. It is free and open to the public with an RSVP. “We are excited to…
Homeowners are having to give up their 2.5-3% mortgage rates just ‘to get a buyout’: Realtor
The Katzen Team at Douglas Elliman Founder Frances Katzen joins Yahoo Finance Live to discuss the housing market and current mortgage rates. Video Transcripts – Let’s get a check on housing. The XLRE is down over 20% since the start of the year. Over the last year, the sector is getting hit hard by higher…
Keep My Job, Or My House?
At the height of the COVID-19 pandemic, many white-collar workers suddenly had the ability to work from anywhere—anywhere, that is, with an internet connection stable enough to attend Zoom meetings. Shell-shocked by fast-rising home prices and in desperate need of more square footage, many left their city apartments and small homes in the nearby suburbs…
Housing market data suggests sector’s downturn ‘coming to an end’ [Video]
Housing market data in recent weeks has offered some signs of stabilization as the spring selling season begins to ramp up. Mortgage rates are on the downswing, with the average 30-year fixed mortgage dipping to 6.28% from 6.32% the week prior, according to Freddie Mac. This marked the fourth straight weekly drop as the bank…
Pending Home Sales Grew for Third Straight Month, Up 0.8% in February
WASHINGTON (March 29, 2023) – Pending home sales grew in February for the third consecutive month, according to the National Association of REALTORS®. Three US regions posted monthly gains, while the West declined. All four regions saw year-over-year decreases in transactions. The Pending Home Sales Index (PHSI)* — a forward-looking indicator of home sales based…
$5 million might be luxe in Minnesota but not in LA
Josh Altman has been appearing regularly on Bravo’s Million Dollar Listings for several years now, where the Los Angeles-based realtor shows exactly that: multimillion-dollar homes for sale in the city of angels. But the Douglas Elliman realtor has a message about the so-called mansion tax on every property sale above $5 million in Los Angeles…
Mortgage Rate Forecast For April 2023
Mortgage rates moved down sharply in March, a welcome trend for homebuyers hoping to make a deal during the spring selling season. Will rates continue the downward trend in April? Housing analysts expect mortgage rates to continue to bounce around this month. While the consensus calls for rates to ease below 6 percent later this…
