Markets
Some ‘Overpriced’ Markets Leave Researchers Perplexed
Detroit is the most overpriced housing market in the country, but there’s not a clear reason why. The latest Beracha and Johnson Housing Market Ranking reveals that homes in Detroit are selling at a 37% premium above the area’s long-term pricing trend. Las Vegas and Atlanta inch closely at 35% and 33.1%, respectively. Atlanta previously… […]
Rental Markets Cool—but Not to Pre-Pandemic Levels
“The rent is too damn high,” famously proclaimed New York City perennial candidate Jimmy McMillan. The latest analysis from Harvard University’s State of the Nation’s Housing 2024 report suggests those who share McMillan’s views are unlikely to change their tune. The report, tracking data up to Q2 2024, includes three major takeaways when it comes… […]
Let ‘Em Cook: The Top 5 Hottest Markets in Each Region
Not every city or metro is feeling the freezing effects of higher mortgage rates and dwindling consumer confidence. The local nature of real estate means that a snapshot of housing should look like a spectrum, with gradients of up and down, hot or not. At any given time, it is important to recognize which places… […]
Top 10 Markets Investors Are Targeting for Beach Houses
Waterfront vacation properties remain a hot commodity. A new report calls out the locations that offer the brightest opportunities. www.nar.realtor – Vacation, Resort, and Second Homes
Consumers Can Now Accept Opendoor Cash Offers on Zillow in Select Markets
Consumers using Zillow in select markets can now add an Opendoor instant offer to their list of home-selling options while using the portal. Both companies announced Wednesday that they launched their collaborative product allowing homeowners in Atlanta and Raleigh to request a cash offer from Opendoor and a market-price estimate to sell on the open… […]
15 Markets are 60% Overvalued, New Report Finds
As home prices have shown no signs of slowing through the first half of this year, researchers who have been tracking so-called “overvalued” housing markets since 2020 are warning some metros have become “a risky bet” as their methodology shows a dangerous disconnect between historical trends and current prices. “If we’re not at the peak […]
NAR Identifies America’s Top 10 Commercial Office Markets of 2021
Top 10 US Commercial Office Markets of 2021 NAR found a robust recovery across the multifamily, industrial, and retail property markets as economic production rebounds to pre-pandemic levels. Media Contact: Troy Green 202-383-1042 Commercial & Investment Real Estate
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
Realtors® Weigh in on Booming Markets, Generational Trends
Realtors® gathered at the 2018 REALTORS® Conference & Expo in Boston to discuss booming markets across the country for business, investment, millennial and retirement buyers. www.nar.realtor – Vacation, Resort, and Second Homes