Demand
HMDA and Housing Demand
Nationwide, the number of home-purchase loan applications has declined from 7.9 million to 6.5 million. www.nar.realtor – Research
Why Demand for Vacation Homes Is Dropping
These factors are “hitting the second-home market much harder than the primary-home market,” says Redfin economist. www.nar.realtor – Vacation, Resort, and Second Homes
Demand for Vacation Homes Slowing, Report Says
The pandemic-fueled second home boom may be coming to an end, but here’s why it will likely remain elevated compared to historical averages. www.nar.realtor – Vacation, Resort, and Second Homes
Second-Home Demand Shows Signs of Slowing
More home buyers may be getting priced out due to rising prices, mortgage rates, and a recent federal government loan fee increase. www.nar.realtor – Vacation, Resort, and Second Homes
Market Changes Demand Better Skills, Strategies and Client Service
Market changes are not new to the real estate industry. We have seen many different markets just in the past 25 years. Agents that have been licensed more than 5, 10, 15 or even 25-plus years can confidently say they have seen all kinds of market conditions and will clearly remember the market we are… […]
Second-Home Demand Shows Signs of Slowing
More potential home buyers may be getting priced out of second homes. Rising prices and loan increases are slowing demand after a pandemic-driven boom in the sector. www.nar.realtor – Vacation, Resort, and Second Homes
Why Demand for Vacation Homes is Dropping
Rising mortgage rates and home prices are hitting the second-home market much harder than the primary-home market. www.nar.realtor – Vacation, Resort, and Second Homes
Commercial Weekly: Apartment Demand is Normalizing but Rents Likely to Keep Rising in 2022
Apartment demand is still outpacing supply across all classes of apartments and with demand likely to rise, rental prices are also likely to rise. www.nar.realtor – Research
Millennial Demand Is Driving Prices Up In Neighborhoods With Kids
With a record number of millennials set to reach key age milestones for homebuyers over the next two years, experts say this could push already accelerated price gains even further. This, according to a new report from Zillow that found home values are growing fastest in areas with the highest share of kids, reflects the impact […]
Cheaper Rents and Migration in Secondary Markets Boosting Demand for Tech, Finance, and Medical Office Space
Secondary cities are seeing a modest increase in office occupancy in the first quarter of 2021 because they offer less expensive office rent compared to nearby major markets. www.nar.realtor – Research