Single Family Home Building Favors Suburbia
Tue, 07 Dec 2021 16:06:47 GMT
The shift to suburban communities for single-family home building appears to be continuing, even after the onset of the the COVID-19 pandemic last year.
Housing Inventory Continues To Slide
Mon, 06 Dec 2021 15:46:05 GMT
As of December 3rd, inventory was at 350 thousand (7-day average), compared to 481 thousand for the same week a year ago. That is a decline of 27.1%. Inventory is down 6.5% from last week.
Booming Real Estate Market Shatters Records
Mon, 06 Dec 2021 15:45:27 GMT
The real estate data firm CoreLogic reports that the total value of residential real estate transactions in 2021's second quarter topped $600 billion for the third time in the past year. That puts the market on track for a record-breaking year, CoreLogic says.
Using Social Media To Generate Leads
Mon, 06 Dec 2021 15:44:45 GMT
The shift to digital marketing means that cold calls are out and TikTok is in.
Omicron Variant Threatens Real Estate
Fri, 03 Dec 2021 15:54:05 GMT
New fears over the omicron variant could drive mortgage rates lower. They also might press on demand for what has been a rebounding office sector, real estate economists and analysts suggest.
Job Growth Slows
Fri, 03 Dec 2021 15:53:32 GMT
U.S. employment growth slowed considerably in November amid job losses at retailers and in local government education, but the unemployment rate plunged to a 21-month low of 4.2%, suggesting the labor market was rapidly tightening.