Tag Archives: Markets & Economy

Miami building tragedy may change condo market forever, agents say

By | | Uncategorized
Comments Off on Miami building tragedy may change condo market forever, agents say

The seemingly unprompted disaster has left many wondering what other secrets buildings may be hiding beneath the surface that could later lead to calamity. Continue reading →

Foreclosure watch: The 10 most at-risk US cities

By | | Uncategorized
Comments Off on Foreclosure watch: The 10 most at-risk US cities

A new report found that 14.7 percent of the 7.6 million mortgages backed by the Federal Housing Administration were delinquent in May. Continue reading →

Nearly two-thirds of buyers say it’s a ‘bad time’ to buy a home

By | | Uncategorized
Comments Off on Nearly two-thirds of buyers say it’s a ‘bad time’ to buy a home

Booming home price growth and dwindling inventory has negatively impacted buyer sentiment, according to Fannie Mae’s latest Home Purchase Sentiment Index. Continue reading →

Price cuts, while rare in this market, often lead to greater profit: Zillow

By | | Uncategorized
Comments Off on Price cuts, while rare in this market, often lead to greater profit: Zillow

The number of sellers who choose to cut their listing price has dropped by a third over the last year, but a Zillow report found that if the price is dropped at the right time, sellers can net $15,000 over ask. Continue reading →

Suburban condo conundrum: Sales soar as buyers hunt for elusive deals

By | | Uncategorized
Comments Off on Suburban condo conundrum: Sales soar as buyers hunt for elusive deals

The idea that the city is for condos and the suburbs are for homes is not reflective of a market in which suburban condo sales — and prices — are soaring. Continue reading →

Young adults put pandemic savings toward down payments

By | | Uncategorized
Comments Off on Young adults put pandemic savings toward down payments

Zillow survey finds that half of millennials and Gen Zers plan to use money saved on transportation, child care and dining out to buy a home. Continue reading →

The risks of taking out cash against a home in today’s market

By | | Uncategorized
Comments Off on The risks of taking out cash against a home in today’s market

Rising home equity has increased demand in the cash-out refinance market. But taking out cash against a home isn’t always the smartest idea. Continue reading →

Wave of new agents swarm NYC market amid inventory shortage

By | | Uncategorized
Comments Off on Wave of new agents swarm NYC market amid inventory shortage

The number of new agents entering the New York City market rose 7 percent in May as the city continues its economic recovery, according to data analysis company Corofy. Continue reading →