Tag Archives: Phoenix

Inventory insanity: The secret economic forces fueling the housing shortage

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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 →

iBuyers still on slow road to recovery: Redfin

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iBuyers purchased 0.3 percent of all homes sold across 418 U.S. metro areas analyzed by Redfin during the fourth quarter of 2020, down from 0.8 percent of all homes sold the year before. Continue reading →

Hot market was doused by pandemic, Zillow report shows

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A new report shows that what was poised to be “the most competitive” spring market in years instead ended up with plummeting numbers of new listings. Continue reading →

US property taxes increased to $306.4B in 2019

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The total property taxes levied on single-family homes in 2019 increased by 1 percent from 2018, the smallest increase in the past three years. Continue reading →

Inman’s state-by-state guide to evictions, rent and foreclosures

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Rent and mortgage payments are due. Different states have different strategies for people who can’t pay during the pandemic. We’re updating this post as the situation evolves. Continue reading →

Flipped home sales rose in 2019, but profits dropped

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House flips reached their highest point since 2006 last year, but the business of home flipping saw its worst year since the Great Recession, with returns hitting an 8-year low. Continue reading →

Flipped home sales rose in 2019, but profits dropped

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House flips reached their highest point since 2006 last year, but the business of home flipping saw its worst year since the Great Recession, with returns hitting an 8-year low. Continue reading →

Working remotely allows more opportunities for affordable housing

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Sixty percent of individuals who work remotely to some degree reported an increase in affordability after relocating, according to a study by Redfin. Continue reading →

For-sale housing shortage is driving up rental prices

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A lack of affordable for-sale housing is “placing pressure” on the rental market and driving up rent, according to Apartment Guide’s Rent Report 2020. Continue reading →

Major Arizona indie brokerage joins eXp

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Revelation Real Estate has nearly 900 agents based out of an office in a Phoenix suburb, and had previously made investments in its brick-and-mortar operations. Continue reading →