Yet home and condo prices hold steady last month Las Vegas Realtors are reporting this week that prices for local Southern Nevada homes and condos are holding steady, matching prices from one year ago. LVR reported that the median price of existing single-family homes sold in Southern Nevada through its Multiple Listing Service (MLS) during September…
According to Knight Frank’s latest Global House Price Index, global house price growth ticked up to 3% in Q2 of 2023, up from 2.9% in the previous quarter. About a third of markets saw prices decline during the most recent three months, narrowing from four in ten over the past year. Liam Bailey Liam Bailey,…
Based on ATTOM’s newly released third-quarter 2023 Vacant Property and Zombie Foreclosure Report, 1.3 million (1,277,612) residential properties in the United States are vacant. That figure represents 1.3 percent, or one in 79 homes, across the nation – the same as in the second quarter of this year. The report also reveals that 315,425 residential…
According to national data provider CoreLogic, the sizable U.S. home investor share of ownership seen over the past two years held steady going into the summer of 2023. In March 2023, investors accounted for 27% of all single-family home purchases; by June, that number was almost unchanged at 26%. Corelogic reports that 2021 saw a…
According to national property broker Redfin, new listings of homes for sale fell 22.4% nationwide from a year earlier during the four weeks ending April 23, 2023, one of the biggest declines since the start of the pandemic. Homeowners are staying put because they want to hang onto their low mortgage rates–this week’s average 30-year…
According to the National Association of Realtors, pending home sales decreased in March 2023 for the first time since November 2022. Three U.S. regions posted monthly losses, while the South increased. All four regions saw year-over-year declines in home sales transactions. The Pending Home Sales Index (PHSI) – a forward-looking indicator of home sales based…
According to a new report from CBRE, lab vacancies increased across the top 13 U.S. life sciences markets in the first quarter of 2023, providing relief for companies that had found little available space in recent years. Average vacancy of 6.7% in the first quarter marked an increase of 170 basis points from a year…
Based on ATTOM’s newly released first-quarter 2023 U.S. Home Sales Report, profit margins on median-priced single-family home and condo sales across the United States decreased to 44.2 percent as home prices stayed flat or kept declining around most of the nation. The drop-off in typical profit margins, from 48.7 percent in the fourth quarter of…
Are you curious about moving to Virginia and are finding yourself thinking, “is Woodbridge, VA a good place to live?” Well, you’ve come to the right place. In this Redfin article, we’ll explore the 9 pros and cons of living in Woodbridge, so you can get a better sense of what life is like there. …
Nestled in the eastern part of Washington state, Spokane, WA is a city renowned for its natural beauty, cultural attractions, and vibrant community. From the stunning waterfalls of Spokane Falls to the peaceful wilderness of Dishman Hills, living in Spokane offers a wealth of beautiful places that are sure to delight visitors of all ages…