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…
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Existing-Home Sales Descended 0.7% in January
WASHINGTON (February 21, 2023) – Existing home sales fell for the twelfth straight month in January, according to the National Association of Realtors®. Month-over-month sales were mixed among the four major US regions, as the South and West registered increases, while the East and Midwest experienced declines. All regions recorded year-over-year declines. Total existing-home sales,1…
This savvy realtor couple waited for the perfect place to come on the market before they were pounded
The Chase: This savvy realtor couple waited for the perfect place to come on the market before they were pounded The goal: a Riverdale townhouse with a pup-friendly backyard. The budget: $1.5 million Photo by Joshua Best The buyers: Jenny Simon, 38, and Shane Little, 33, both realtors The story: Life and business partners Jenny…
The Housing Market Warms Up, but This Twist Could Cause a Freeze
Is the housing market back? A surge in mortgage interest rates last year ground the real estate market to an abrupt halt, as scores of would-be buyers could no longer afford to purchase homes. But last month, as mortgage rates dipped and home prices fell from their peaks, home shoppers dipped their toes back in….
Heated Bidding Wars Are Still Being Waged on This Type of Home
Homebuyers who are closely watching the correction in the real estate market might believe now is a good time to pounce. After all, homes are sitting on the market for longer, those maddening bidding wars have dried up, and wild offers over the asking price are things of the past, right? Well, not exactly. It…
‘My wife would never let me see your listing’
She’s hot property indeed. A sexy Texas realtor has gone viral on TikTok, amassing more than 40,000 fans on the social media app — many of whom have no interest in what she’s selling. The Houston-based beauty, known only as Kimberlee online, frequently shares videos that show her strutting through the luxe listings she has…
Journal Club 01-27-23 – Passive Income MD
Here’s Journal Club 01-27-23! Every week, I hold a JOURNAL CLUB. After filtering through the articles on the web, I present a few that impacted my life this week. Be safe and stay well! As doctors, we graduate with enormous amounts of debt that we need to start repaying from day one. Some choose to…
Realtors: With the pandemic boom behind us, the market is now leveling out and stabilizing
Everyone seems to be talking about the real estate market and speculation is high about where the market is headed in 2023. During the COVID market from 2020 through early 2022, the housing market seemed to explode. People were spending more time than ever on their homes, and quickly realized that their homes didn’t meet…
Local realtor trekking at altitude in Ecuador to fund women’s shelter
MANITOULIN—Local real estate agent Leanne Lewis has been chosen for the Ecuador Challenge for Shelter. “I am over the moon excited to finally be able to announce that this middle-aged female bas has been selected for the Ecuador Challenge for Shelter,” stated Leanne Lewis of the Lewis Team-Royal LePage North Heritage Realty Brokerage. “Back in…
‘Recession is underway’: Home builders expect single-family starts to fall further before recovering in the second half of this year
LAS VEGAS — Home builders are expecting a little more pain before business improves. While realtors believe that the housing market is on the mend, home builders are still cautious, with low demand and rising construction costs. Home builders are one of the key contributors to the housing supply. And they’re likely to be building…