Homes
Q&A Corner with Lawrence Yun: Vacation Homes, Inflation, and Cash Sales
NAR Chief Economist Lawrence Yun shares his thoughts on what’s happening in vacation home sales, with rising inflation, and the high number of recent all-cash home sales in the latest data. www.nar.realtor – Vacation, Resort, and Second Homes
NAR Report Finds LGBTQ Buyers Purchasing Older, Smaller Homes Than Other Americans
LGBTQ Buyers Purchasing Older, Smaller Homes Homes bought by LGBTQ buyers were 170 square feet smaller and 15 years older, typically, than those purchased by non-LGBTQ buyers. Media Contact: Spencer High 202-383-1051 Working With Buyers, Working With Sellers
2020 Holiday Homes
While the holiday spirit may warm hearts, the cooler temperatures create colder homes. Because of this, homebuyers must consider a variety of different environmental factors when deciding which home to purchase, in hopes to minimize the cost of comfort. www.nar.realtor – Research
NAR Applauds Congress for Providing Relief to Veterans who Lost Homes to Natural Disasters
Congress Helps Veterans who Lost Homes to Disasters NAR commends Congress for approving H.R. 7105, eliminating fees charged to veterans whose homes have been destroyed by a natural disaster. Media Contact: Wesley Shaw 202-383-1193 Veterans Affairs
Fewer Homes Being Flipped, But Profits Are Up
One out of every 15 home sales in the second quarter of the year were defined as “flips” by ATTOM Data Solutions. A flip is any arms-length transaction that occurred in the quarter where a previous arms-length transaction on the same property had occurred within the last 12 months. ATTOM’s second quarter report on flipping […]
Rising Financial Wealth Boosts Demand for Vacation Homes
Many homeowners buy a second home expecting to use it for family vacations, as a rental, to gain equity, or – upon retirement – a future primary residence. www.nar.realtor – Vacation, Resort, and Second Homes