Home sellers who list during the week of April 10–16 will be able to take advantage of the spring buying season’s anticipated strong demand, high asking prices, quick home sales, and lowered competition from other sellers, according to realtor.com®’s fourth annual Best Time to Sell Report. Those who list that week will likely get a head start on the competition.Each year, realtor.com®’s research team analyzes recent market conditio
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The Dallas metro area has seen the most activity in real estate development over the past decade, becoming like a magnet for new residents and businesses, according to new research from StorageCafe, a national storage-space marketplace from Yardi. Dallas led the U.S. in development, but the majority of major cities across the country saw an increase in real estate development over the last 10 years, the report shows.Researchers looked at real est
Wealthy Russians across the country are reportedly trying to sell hundreds of millions of dollars worth of U.S. property, the New York Post reports. The sales are being triggered by Russia’s invasion of Ukraine and growing sanctions that could put some oligarch’s fortunes in doubt.The Post documents several recent listings, both on and off the market, by wealthy Russians in the U.S. For example, Alexei Kuzmichev, owner of
The top-performing real estate markets in February reached a peak median price: $562,000, according to an analysis by realtor.com®. That marks a 43% jump over last month’s national median list price of $392,000, also a record high.Realtor.com® releases a monthly report of the hottest housing markets in the country, tracking metros that have seen the fastest sales and the highest listings traffic at its site.Manchester, N.H., remained the
Following two weeks of declines, mortgage rates edged up, and economists say that consumers should expect further increases over the coming weeks.The Federal Reserve will likely raise its short-term interest rates at its meeting next week. While the Fed’s benchmark rates do not have a direct effect on mortgage rates, they do often influence them and likely will lead to an increase, the National Association of REALTORS® notes on its Economists
Rising home prices have brought rising equity gains for homeowners. In the fourth quarter, the average homeowner nationwide gained about $55,300 in equity over the past year, according to a new analysis released by CoreLogic, its latest quarterly “Homeowner Equity Insights” report.Western state homeowners are continuing to see some of the largest equity gains by dollar value.For example, Hawaii, California, and Washington saw the largest incr
Homeowners across the board are feeling richer from rising home prices, but the wealthiest have enjoyed the largest gain, according to a report from the National Association of REALTORS®.From 2010 to 2020, about 71% of the increase in housing wealth was in high-income households. Low- and middle-income households received a smaller share of housing wealth gains, according to the NAR report. Low-income homeowners comprise a smaller shar
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The percentage of homes with mortgages that have late payments or are in foreclosure has dropped to the lowest seen on record in more than two decades, according to CoreLogic’s data dating back to 1999. The nation’s overall delinquency dropped to 3.4% at the end of 2021, with the majority of states posting a year-over-year decrease in delinquencies, according to CoreLogic’s newly released Loan Performance Insights report.Declining unemploym
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