Areas
Single-Family Home Prices Had Price Gains in 82.4% of 221 Metro Areas in 2023 Q3
National median home prices rose by 1.1% compared to the previous quarter and 2.2% year over year to $ 406,900. www.nar.realtor – Research
3 Growth Areas Successful Companies Are Focused on Now
As real estate professionals, we help people “make a move” from one home to another. But we also use the expression to refer to strategic shifts that move our business from one place to another. I’m a few months into my new role as president of Better Homes and Gardens Real Estate, and I have… […]
Almost 60% of Metro Areas Posted Q2 Home-Price Gains
The price dips many buyers were starting to enjoy could be gone in some regions before they even really got started. That’s according to the latest home-price figures released by the National Association of REALTORS® (NAR). According to the report, almost 60% of metro markets (128 out of 221) registered home-price gains in the second… […]
Four in Five Metro Areas Notched Double-Digit Price Gains in Second Quarter of 2022
In Q2 2022, 80% of Metros Saw Double-Digit Price Rise Housing affordability declined as the monthly mortgage payment on a typical existing single-family home with a 20% down payment skyrocketed. Media Contact: Troy Green 202-383-1042
Commercial Weekly: Modest Rent Differences and Rising Construction Cost are Headwinds for Office-to-Residential Conversions in Major Metro Areas
The conversion of vacant office space for residential use faces hurdles from rising rental and construction costs. www.nar.realtor – Research
Commercial Weekly: Sunbelt and Mountain Metro Areas Undergoing the Most Intense Apartment Construction Activity as of 2021 Q4
A strong and sustained job recovery, years of net domestic in-migration even during the pandemic, and the relative affordability of rental housing in these markets compared to other markets are drawing workers, businesses, and retirees. www.nar.realtor – Research
94% of Metro Areas Saw Double-Digit Price Growth in Second Quarter of 2021
94% of Metro Areas Saw Double-Digit Price Growth in Q2 Low housing inventory and record-low mortgage rates caused an increase in median sales prices for existing single-family homes during Q2 2021. Media Contact: Quintin Simmons 202-383-1178
All Metro Areas Saw Home Prices Rise During Fourth Quarter of 2020
Placeholder Eighty-eight percent of the metros followed (161 areas) saw double-digit price increases. Media Contact: Quintin Simmons 202-383-1178