Tag Archives: Markets & Economy

Consumers ask: When is the housing market going to crash?

By Kelsey Ramírez | April 13, 2021 - 7:51 pm |April 13, 2021 Uncategorized

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Home prices are growing at record pace and competition in some areas is red hot. Many consumers are now wondering when the housing market will crash. Continue reading →

Inventory insanity: The secret economic forces fueling the housing shortage

By Jim Dalrymple II | April 13, 2021 - 9:00 am |April 13, 2021 Uncategorized

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Many consumers may not realize it, but they’re increasingly competing against institutional investors and contending with soaring building costs. Continue reading →

How Elon Musk’s Starbase plans are influencing the Texas housing market

By Veronika Bondarenko | April 13, 2021 - 9:00 am |April 13, 2021 Uncategorized

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Agents in the southernmost tip of Texas, which is home to SpaceX’s rocket production facility and launch site, are seeing buyers and investors flock to formerly sleepy towns. Continue reading →

Inventory insanity: Notes from ‘exhausted’ agents on the front lines of a crazy market

By Jim Dalrymple II | April 12, 2021 - 9:00 am |April 12, 2021 Uncategorized

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“There is no middle class any more,” one industry leader said of working in real estate this year. “You’re either crushing it or you’re struggling.” Continue reading →

America’s hottest neighborhoods: North Hills in Raleigh, North Carolina

By Marian McPherson | April 12, 2021 - 9:00 am |April 12, 2021 Uncategorized

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A $1 billion Innovation District, a plethora of amenities and a new city plan have pushed Raleigh’s North Hills to the top of buyers’ lists. Continue reading →

Inventory insanity: Why are there no homes for sale in America?

By Jim Dalrymple II | April 12, 2021 - 9:00 am |April 12, 2021 Uncategorized

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Inventory has been tight for a long time now, but this spring agents across the country are seeing something different — and more difficult. Continue reading →

Borrowers locking in mortgages for second homes surged 128%

By Kelsey Ramírez | April 8, 2021 - 8:38 pm |April 8, 2021 Uncategorized

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The annual rise in demand for second homes is nearly quadruple the 34 percent year-over-year gain for primary homes, according to a new report from Redfin. Continue reading →

Los Angeles developer Rick Caruso to accept bitcoin as rent

By Jim Dalrymple II | April 8, 2021 - 5:35 pm |April 8, 2021 Uncategorized

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Billionaire Rick Caruso plans to roll out a variety of cryptocurrency programs for consumers, including a customer reward option as well as the ability to pay rent with bitcoin. Continue reading →

Mortgage rates reverse course, dropping for first time in 2 months

By Kelsey Ramírez | April 8, 2021 - 2:53 pm |April 8, 2021 Uncategorized

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After seven weeks of consecutive increases in mortgage rates, Freddie Mac’s most recent survey shows a decrease, giving borrowers the chance to refinance. Continue reading →

1 in 7 homeowners considering selling within next 3 years

By Andrea V. Brambila | April 7, 2021 - 7:50 pm |April 7, 2021 Uncategorized

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According to a new survey from Zillow, of those not considering moving, 26 percent said they were concerned about their ability to find or afford a new home. Continue reading →