Lime green has been called the biggest turn off when selling a home. But the paint firm Sherwin-Williams wants to change your mind. https://t.co/rJKzBdeKx2
Unpack real estate market trends comparing 2015 to 2025 and see how data reveals the evolving landscape for buyers and sellers: https://t.co/RiovYduj8d
The top 10 metro areas with the largest year-over-year price increases all recorded gains of at least 14.9%, with the largest gain reaching 28.7%.
#NARQuarterly
https://t.co/rTOYKTFbzG
Since 2009, NAR has measured the volume of U.S. residential real estate transactions with international clients and gathered information on the origin, destination, and buying preferences of international clients.
View the full report: https://t.co/qlPoxCCZKp
“Mortgage rates have been rising above 7% since August, which has diminished the pool of home buyers,” said Lawrence Yun. “Some would-be home buyers are taking a pause and readjusting their expectations about the location and type of home to better fit their budgets.” #NARPHS
Peak fall color predictions are in! 🥳 Plan your next metro mountain adventure around experiencing the vibrant fall colors! We can't wait to see the autumn leaves this October😍 We're already planning scenic drives along the Blue Ridge Parkway! Learn more- https://t.co/Sw5KRqc6PR
Lawrence Yun notes "homeownership is a catalyst for building wealth for people from all walks of life. A monthly mortgage payment is often considered a forced savings account that helps homeowners build a net worth about 40x higher than that of a renter.” https://t.co/dCeRdD5Lmn
"Half of the country may experience small price gains, while the other half may see slight price declines. However, markets in California may be the exception, with San Francisco, for example, likely to register price drops of 10–15%." - NAR's Lawrence Yun https://t.co/0ycrxyt882
"We believe mortgage rates have peaked and we are on the downward, but we will not get back to 3% any time soon. We are expecting around 5.5% this time next year." - Dr. Lawrence Yun #NARForecastSummit
At the current sales pace, the level of for-sale properties amounts to a 3.2-month supply, Yun said. That’s unchanged from July and higher than the 2.6-month supply in August last year. via @APNews https://t.co/QWC4FccK4k
Weekly #housingmarket update for the Mid-Atlantic. Key takeaway for me? More sellers are cutting prices in respond to changing market conditions.
Full report: https://t.co/skazbLEKrr
Surprising bump in closed sales this past week, up 17.9% compared to the week prior. But overall #homesales in the #midatlantic are still down compared to 2020 and 2021, and are also lower than 2019 levels.
Check out the full weekly report: https://t.co/skazbLEKrr
July 2022 brought 4.81 million in sales, a median sales price of $403,800, and 3.3 months of inventory. The median sales price is up 10.8% year-over-year, and inventory was up 0.7 months from July 2021. #NAREHS https://t.co/4MVtmkki8s
Compared to one year ago, the monthly mortgage payment rose to $1,842 from $1,220, an increase of 51%, The annual mortgage payment as a percentage of income inclined to 24.4% this May from 16.9% a year ago. https://t.co/U5K1n9eI4k
First-time buyers continue to struggle to enter the market and represented 27% of buyers in May, down from 28% last month and 31% a year ago. https://t.co/U7U6QW10b5
The median existing-home price for all housing types in May was $407,600, up 14.8% from May 2021 ($355,000), as prices increased in all regions. This marks 123 consecutive months of year-over-year increases, the longest-running streak on record. #NAREHS
23% of REALTORS® expect buyer traffic to be strong within the next three months. Learn more in the latest REALTORS® Confidence Index. https://t.co/Gv3iVxd0K3
Inventory is still the biggest constraint in the market despite growing concerns about mortgage rates. Home sales and new pending sales are down compared to a year ago, which reflects the low supply. Buyers are still in the market, pushing prices up. https://t.co/tSMgsIm1xF