Richard Eimers's Blog Posts

Sales remain strong, but soaring interest rates, a shaky stock market, rising inflation and economic certainty have put a damper on demand.SEATTLE – Luxury U.S. home sales fell 17.8% year-over

Many homeowners used some of their home equity via a cash-out refinance when rates were dropping. “Tappable equity” rose to $200K per home in 1Q 2022.NEW YORK – The Federal

I'm certainly not wise enough to write this opinion, fortunately I am smart enough to read and inwardly digested it. Written by Shashank Shekhar, this is a well timed article, it encpsulates all of

Unlike today, in the early 1980s, the Federal Reserve was waging a war with inflation. In an effort to tame double-digit inflation, the central bank drove interest rates higher. As a result,

Been thinking about selling your current home? If so, the biggest question on your mind may be: if I sell now, where will I go? If this resonates with you, there’s something you should know.

There are three types of ownership that pass property upon death, but only one usually requires probate – and it’s not “joint tenants with right of survivorship.”FORT

A new job, a desire to relocate, or the opportunity to seize your dream home can create an agonizing decision: Should I sell my house or rent it out? If you decide to rent, you could get stuck with

In some situations and time periods, it might make more financial and logistical sense to let go of a house. In SimplyWise’s 2021 survey of more than 1,000 American adults, one in 10

Thanks to supply chains and other pandemic-era challenges, the price for lumber – and new homes – soared higher. But lumber saw a notable price drop last week.NEW YORK – Since the

Housing remained resilient – Fla. more than many states – but signs suggest a slowdown in price increases. Still, investors moving away from stocks may be a wild card.NEW YORK –

For the first time in over 2 years “New Listings” are on the rise, year over year comparison May 2022 shows a 13% increase over May 2021. This is good news for everyone. Most sellers

REFRESHINGLY DIRECT - after 27 years in real estate, this is how I've been characterized by those who know me. I think of it as me being transparent and in times like these transparency is surely

Florida Realtors economist: In 1Q 2022, half of new Fla. listings went under contract in 12 days – but look beyond that one statistic to see the shift in market speed.ORLANDO, Fla &ndash

Homebuyer competition saw its fourth straight month of declines in April as rising mortgage rates take their toll on the housing market, according to the data from the Emerald Coast Association of

Sellers can shield $250K of profit from capital gains taxes, but as home values rise, some filling out their IRS forms now discover that Uncle Sam wants a cut.SAN FRANCISCO – If your home

An economist by trade, Daryl Fairweather doesn’t claim to know for sure what the future holds for the housing market. But if things continue on their current path, it could look something

You may be wondering if now is a good time to sell your house, and the answer is: maybe.Heading into 2022, housing market experts are predicting a year of continued high demand and rising home.

Purchase activity has now increased for two straight weeksProspective homebuyers aren’t deterred by the skyrocketing mortgage rates amid a slow start to the spring home-buying season this.

The innovation wave has hit the buy-side, with Power Buyers emerging as this year's buzziest business model. Here's everything you need to know to power up your clients' purchasing prowess.For the

ATTOM: May, June and July offer seller premiums of 10% or more above market value. The top 15 best days to sell are in the month of May.IRVINE, Calif. – Based on home sales over the past

Wary buyers and rising interest rates may affect some U.S. markets, but Fla.’s rising demand and lack of construction will probably offset a potential cooldown.WEST PALM BEACH, Fla. –

THEY SAY THAT CASH IS KING IN REAL ESTATE, BUT HAVE YOU EVER WONDERED WHY?In order to understand this phenomenon, where a seller will take a lower price from one buyer than he could have received

Billionaire real estate developer Jay Bloom warned consumers Thursday the housing industry is getting hit by the "perfect storm.""We're in the middle of a real estate boom like we haven't seen in

The 15th Annual Digital Graffiti Festival will be held over two nights, lighting up the streets, architecture, and pedestrian paths of Alys Beach on May 13-14, 2022.Tickets are available online >

Prices grew at the third-fastest annual pace in 35 years, according to the US National Home Price Index, released Tuesday. Since then, experts have observed early signs of a cooling market.Home

‘I think we’re in the final innings.’ Pimco’s Kiesel thinks the housing market has hit its topLast Updated: May 2, 2022 at 11:14 a.m. ETBy Jacob PassyThe sky may not be the

Sparkling emerald waters and charming European-inspired architecture make up one of the most romantic beach towns on the Emerald Coast of Florida, Rosemary Beach.It's located in South Walton and it

Whenever you are selling non-owner occupied property or vacant land, you should consider the transaction as a 1031 Tax Deferred Exchange. As this article discusses, structuring a sale as a 1031

Often taxpayers seeking information on their first 1031 exchange, their conversation is rather short as the facts of their potential exchange do not permit them to proceed. The following are the top

HomeLight survey: A rapid rise in equity is encouraging sellers to list their homes and they expect to make a profit; 87% say they expect more than 1 offer.SCOTTSDALE, Ariz. – More homeowners

A new report from Power Buyer and iBuyer marketplace zavvie says that Power Buying 'could eventually become the norm,' citing its success in helping buyers quickly purchase a home.As homes continue

Of late, there have been questions around two statistics surrounding women purchasing homes: why women are more likely than men to buy homes, and how their financials compare to those of single men

A Qualified Intermediary is an entity that creates documentation supporting a taxpayer’s intent to initiate an Internal Revenue Code Section 1031 tax deferred exchange and holds the exchange

In today's wild market, there are plenty of bad ideas on both sides of the buyer/seller equation. Here's how to correct those misconceptions so that everyone can get what they want.This April, one

Yes! Once you find your dream home and it happens to be marked as contingent, you can still place an offer. Here’s all you should know about contingent sales as a potential home buyer

There are early signs of a cooldown in some of the hottest corners of the U.S. housing market, Redfin said in a report on Friday, a fresh indication that high house prices and rising mortgage rates

Whether you’re starting from scratch or changing up your current strategy, vacation rentals can present a great investment opportunity. These strategies will help you and your clients make

IRS 1031's were all the rage back in 2004, 05 & 06 then we had the crash  and now today were so many property owners are holding historically high equity that when sold translate into

As this seller’s market continues to run wild throughout Fla., many people are asking what laws or contract terms come into play if a seller rejects a buyer’s offer even though it

I have worked with Atlas 1031 Exchange for 16 years as an intermediary for my customers interested in performing 1031 Tax Deferred Exchanges for the sale & replacements of their Florida Resort

By Anna Bahney, CNN BusinessUS home prices have soared to new heights and keep on climbing, and now some researchers and economists are saying they have seen signs of a housing bubble

 Selling your home while shopping for a new one can feel daunting to even the most seasoned homeowner––especially when the competition for housing is so high.[1] That doesn't mean,

While 38% of experts polled by Zillow believe 2024 will be the year inventory returns to 2019 levels, 36% pegged 2023 as the year. The remainder believe we'll have to wait until 2025.The inventory

There are many compelling reasons to consider utilizing a 1031 exchange. The following most frequently asked questions we’ve received over the last sixteen years should serve as a starting

Agents are prone to wanting to fix everything; it’s the nature of the business. That makes it tough to communicate in the face of uncertainty.Spring Madness is a week-long Inman series

What are the rules of a 1031 exchange? The rules and requirements of a 1031 exchange can be overwhelming for any individual looking to execute a 1031 exchange for the first time. Although there is

Skyrocketing home valuations exceeded the median income in a majority of American cities, according to a new report from Zillow.Your home probably earned more than you did last year.That’s

It’s a tight market for buyers and many sellers prefer cash offers. As a result, companies that help buyers present an all-cash offer are thriving.CHARLOTTE, Va. – Lenny Rowell and his

Double-digit wealth growth, international buyers, and new market growth opportunities.Driven by low inventory, high housing costs, and inflated demand for larger homes, luxury real estate

Before the economic downturn of 2007, 1031 Tax Deferred Exchanges were commonplace and until recent years, sellers were not realizing enough capitol gains from the sale of their investment

SUNNY ISLES BEACH, Fla. (NewsNation) — In Sunny Isles Beach — also known as “Little Moscow” — real estate experts say wealthy Russians are parking their money in empty

The one word that describes real estate today is INVENTORY, if we had any, both buyers & sellers would so much more satisfied than you are today.I remember the days when buyers would come to

Tips to Buy and Sell Houses SimultaneouslyAre you wondering how to buy and sell a house at the same time? You are not alone, as many folks ask real estate agents how to pull off the house buy and

Destin, Miramar Beach, Santa Rosa Beach, 30A & Inlet Beach Pending Property Sales Drop – January 13% & February dropped 22%."Catch 22", let me explain. First of all I am that annoying

Home prices, inflation and rising interest rates will soon create a balance in the housing market, say FAU researchers, though prices will remain high.JACKSONVILLE, Fla. – The Jacksonville&

Buyers have difficulty finding a home, says NAR’s chief economist. He won’t be surprised to see demand decline given current “mortgages, home costs and inventory.”WASHINGTON

Destin, Miramar Beach, Santa Rosa Beach, Point Washington 30A & Inlet Beach Florida Property Sales Median Prices are Up 19% and Average Sales Prices are up 15% for the 1st 50 Days of 2022

Florida Realtors: Statewide single-family home sales up 1.4% year-over-year, median price up 23% to $375K. Condo sales up 6.7%, median price up 23.9% to $285K.ORLANDO, Fla. – Even as the

The most recent SoWal Real Estate Report covers all of Walton County including South Walton real estate activity for November 2021, with sales statistics for single family homes, townhomes, and

Now that we are 2 weeks into the second month of 2022, I thought I'd share with you some real estate tips for this year.Market continues to rise across the U.S due to supply and demand – ;

SANTA ROSA BEACH — Scenic Highway 30A was already recognized by the state as a scenic highway 15 years ago. Now it’s recognized nationwide, too.The scenic byway was one of 34 added

Owners who postponed selling during the pandemic – perhaps waiting for a sign that price increases were slowing – appear ready to list their home within the next six months. Many,,

In the article below, “Once-In-A-Lifetime Opportunity For Sellers” the discussion is about the housing inventory nationally and as I always say looking at the national inventory is like

Fannie/Freddie started requiring extensive recent financial info from self-employed workers due to COVID, but some may now find it easier to qualify for a loan.PASADENA, Calif. – Fannie Mae

Today's rising home prices and a persistent seller’s market differ from the 2007 housing bubble in a few key ways, economists told Inman. In short, don't expect bubbles bursting anytime soon

“INVENTORY: AFFORDABLE HOMES UP, LUXURY DOWN, Sales of the most affordable homes in the U.S. rose 11.3% year over year in the fourth quarter of 2021”, this is a quote from the article

The end of forbearance programs and foreclosure moratoriums enticed more at-risk homeowners in lower-cost homes to sell and cash out their higher equity.SEATTLE – Sales of the most affordable

Fueled by low mortgage interest rates and strong demand, annual existing home sales reached 15-year high in 2021, according to the National Association of Realtors (NAR). However, supply has

The national inventory of active listings declined by 26.8% over last year, while the total inventory of unsold homes, including pending listings, declined by 16.1%. The inventory of active listings

The winter market is heating up as buyers keep a watchful eye on interest rates— expected to rise over the next year—despite a continuing inventory shortage keeping prices and

Please see the December 2021 Monthly Housing Market Trends Report below. Let’s take a look at the local inventory of active listings which also declined by 26 % over December 2020, while the

Mortgage giants ordered to exempt first-time homebuyers from increases, which could boost private lending.Rising home prices mean Fannie Mae and Freddie Mac are now backing single-family mortgages

Fannie Mae forecasts rising mortgage rates and home prices will dent existing home sales by 3.2%Rising mortgage rates and last-year’s record-breaking runup in home prices are expected to price

By Richard EimersI hear it's 2022, actually we're just 18 days into January and honestly the anticipated increase in inventory has not yet arrived or. . . maybe this is the new normal in real.

A new report released by Luxury Portfolio International (LPI) found that the chaotic real estate market created by COVID-19 is slowly stabilizing.The second annual State of the Luxury Real Estate

There is no doubt that 30A is know for beautiful homes with far fewer condos than Panama City Beach, Miramar Beach and Destin. Yet, there are some of the nicest condos on 30A and they continue to

Many times, ink isn’t dry on the listing contract before photographers show up, and sellers told to “get your home ready” aren’t sure what that means.NEW YORK – Most

The current market favors sellers, but owners see slowing price increases and buyers being priced out of the market. Many who held off may decide it’s time to sell.FORT LAUDERDALE, Fla. ;

PANAMA CITY BEACH — Panama City Beach was ranked third in a listing of the "top beach house locations" in the United States according to a listing released Monday by Filter King, a

The housing market will cool slightly in 2022, but will scorch as a multitude of buyers chase too few homes, according to economic experts who spoke with Inman.After breaking records for days on

So, you’re thinking pretty hard about buying or selling a home sometime soon and want to know how the housing market is going to look. Well, housing market predictions are about as reliable as

While single-family home prices maintained their upward momentum in October, the rate has continued to decelerate, according to the most recent S&P CoreLogic/Case-Shiller Indices.The

By Richard Eimers, Broker Associate December 28, 2021If you build it, they will come, and they came, the problem is contractors cannot build fast enough to keep up with demand. Year Over Year

New single-family home sales rose in November as housing demand was supported by low interest rates and strong consumer demand, despite the ongoing building materials challenges impacting the

If I’ve heard once, I’ve heard it a thousand times, “We have less inventory today than we’ve in 10 years”. I ran the search today for inventory of homes, townhomes ;

Some buyers postponed searches, assuming prices would drop as they did in the last recession. But now homes they once considered are financially out of reach.FORT LAUDERDALE, Fla. – As South

Single women are currently outpacing men in the home-buying space despite entering the playing field late in the game.According to a new report from the National Association of REALTORS® (NAR),

The cap on conventional and FHA loans will rise notably higher next year, with caps in a handful of high-cost markets coming close to $1 million.WASHINGTON – The Federal Housing Finance(

By Richard Eimers, Associate BrokerMy definition: Days On Market - the duration of time a property is on the market For Sale, from entering the market as a New Listing to the day the property is

They say if you love what you do, you won’t work a day in your life. But what if you live where you vacation, does that make every workday a holiday?Maybe not quite, but even so, thousands of

Demand for luxury home purchases has not dwindled even as the pandemic’s volatile nature continues to pose challenges in real estate. According to a 2022 State of Luxury Real Estate (SOLRE)

“Real Estate” is local, so local that with-in our market the Destin market is different than the Noth Santa Rosa Beach market which is different than the 30A East market. Below is a sold

Editor’s Note: RISMedia’s Year-End Outlook series provides an in-depth analysis of the housing market’s leading indicators for economic health, and showcases expert insights on&

According to the analysis, only Fort Lauderdale (18.6%) comes close to that number. In Jacksonville, more than 1 in 4 homebuyers (28.1%) are investors.SEATTLE –  Almost 1 in 5 U.S.

Nationally “Annually Adjusted Home Appreciation Rates” have slowed to 19.5%, locally it’s a different story.Real Estate is local, so much so that I felt it necessary to break out

September 2021 marked the first month since May 2020 in which annual home price growth decelerated, with home prices increasing 19.5% year over year, down from 19.8% in August.Home price growth

Editor's Note: This post was originally published on January 10, 2020. Housecall continues to share this piece due to ongoing requests and reader interest.As we head into the coldest months of the

Historical Sales Activity can offer a view into the future. Unfortunately, there are many other external issues that affect the future of real estate; consumer confidence, the FED, lock downs and

Buyers may find a newly flipped home more appealing because much of it feels new – but not all flips are the same. An inspection is highly recommended.NEW YORK – Not all houses are

By Richard Eimers, Broker AssociateIt's not 2020 anymore, if you had a property listed for sale a year ago and it did not sell because buyers were saying you were overpriced then today you can sell

Owners who postponed selling during the pandemic – perhaps waiting for a sign that price increases were slowing – appear ready to list their home within the next six months. Many,,

CoreLogic’s latest report notes high buyer demand amid a supply shortage. From Aug. to Sept., home prices rose 1.1% to reach a new high, but they may soon moderate.MILWAUKEE – Following

It had to happen, for the last 6 months it finally did, the number of properties going under contract and properties closing has come to this 26% fewer listings, 24% fewer properties under contract

As we transition out of an intense seller's market, agents need to dust off the fundamentals and adapt them to the local market, property types and sellers to give their clients the back-to-basics

Holidu, the search engine for vacation rentals (holidu.com) made it its mission to find out. After examining over 30,000 results from the Google Maps database, they compiled a ranking of the top 10

It's Once Again Broken Record Time – Not Enough Inventory for the demand, this has been the ongoing theme since March 2020. Not only do we not have enough we’re closing more sales and

Several signs suggest it may be a good time to buy. Competition has cooled, listings receive fewer offers, and about 1/3 of metros have seen an uptick in new listings.NEW YORK – The housing

The appraisal and inspection are important steps in the homebuying process. When you buy, avoid the temptation to waive either one. They provide you with information about the home’s value and

In movies about the rise of the living dead—whether raised by dark powers, alien fungus or a rogue supervirus—armies of zombies nearly always have one thing in common: they move slowly

Act fast: Short-term rentals are already getting booked for Thanksgiving, Christmas and New Year’s.After dipping modestly in August, short-term rental demand rose 33.7 percent year over year

The average American homebuyer is 45 years old, married or partnered, college-educated and likely buying a home located in the South; 26% are age 30 to 39.NEW YORK – The average American

{full_name}, We're wrapping up the 2021 selling year, we've heard the voices in the background talking about how the 2021 sales will set new records, I'm sure we'll find out soon enough.Inventory

A strong fall and winter season should mean 2021 will wrap up with nearly 7M in sales, making it one of the strongest sales years in history, according to a new MoxiWorks analysis.A new report from

Spiraling home values, soaring inflation and increased interest rates mean less buying power for all consumers. In other words, the house they can afford today may be out of reach tomorrow. Here

More buyers were seriously considering a second-home purchase last month, and locked in mortgage rates to prepare for the transaction.Demand for second homes accelerated again as summer crept toward

Selling your home doesn't have to be an ordeal. By concentrating on just a few key things it's possible to minimize the time your property spends sitting on the market. From improving curb appeal to

There are not many investments that you can borrow 80-90% of the investment, except for maybe real estate and when the cost of money is in the 3%+/-, that’s cheap money.For 26 years I have

Adding real estate to a portfolio can help diversify during a time when the world seems upside-down. Getting involved with investing in the real estate market has never been easier than it is today.

Across the U.S., homeowners’ associations are on the ascent. According to the U.S. Census Bureau, 59 percent of newly constructed homes in 2014 were part of a homeowners’.

Although any property investment presents a mix of risks, drawbacks and rewards, there are many small towns that offer great real estate investment opportunities far and above what the big city can

I’ve lived here since 1982 and since then it has become common knowledge that October is everyone’s favorite month to be in Destin. For 73 years  the Destin Fishing Rodeo has been

The way we live, work and play has significantly changed over the past year or so, and these shifts will continue to drive luxury consumer behavior as far as how and where they choose to live. Here

Luxury real estate agents reported having record years, and high-end properties have grown to become a larger and larger share of the overall market this year.By Jim Dalrymple IIOctober is Luxury

People quit jobs if they grow discontented, and rising rental costs may be causing some discontent: 51.2% of workers say they plan to look for a new job this year.NEW YORK – The average price

Vacation home sales have been surging during the pandemic, according to NAR's recently released 2021 Vacation Home Counties Report. In 2020, vacation home sales rose by 16.4%, outpacing the 5.6%

Financial experts suggest carefully evaluating monetary, personal comfort and family needs when considering downsizing upon retirement. Weigh the pros and cons.ELIZABETHTOWN, Ky. – Question:

It's bold and adds a dramatic statement to a room.October 4, 2021Design TrendsBy: Melissa Dittmann TraceyMake a bold statement with just one wall. The accent or statement wall is coming back as

October 5, 2021Student Loan DebtBy: Jessica LautzWhen examining the issue of student loan debt, it is essential not to overlook the relationship to race. The homeownership rate gap now for

Speaking locally, the weather in Portland OR has nothing to do with the weather along our Emerald Coast. Whenever I see a national report I do a local litmus test to see how the national data

On the Western Coast on the Gulf of Mexico, I love visiting Santa Rosa Beach in Florida. They’ve got a great mix of food, culture, and people that is a really worth checking out. For those

Homeowners with a mortgage gained an average $51,500 in home equity in the second quarter – a 29.3% year-to-year increase. It’s the biggest jump since 2Q 2010.LOS ANGELES (AP) –

First impressions are everything when putting a home on the market. That’s just one of several things we wish sellers understood about marketing homes to sell.Kick off the fall with Marketing

Annual price growth soared 19.7% in July, extending a 14-month streak of increases while marking the highest rate of growth since Case-Shiller began recording the data in 1987.U.S. home price growth

While overall home sales show signs of cooling as prices rise and buyers step back, NAR Economist Yun doesn’t see that reflected in sales of vacation homes.CHICAGO – The vacation-home

Homeowners have read bidding-war stories and heard about homes selling for thousands of dollars more than asking price. Now they’re becoming sellers and think they can overprice their,

When will the housing market crash? This was one of the top three questions people posed on Google this past spring. Why? Because too many buyers have post-traumatic stress from the 2008 meltdown.

Inventory drives the market, in spite of continued shortages of existing properties to sell, closings  have continued to deliver record breaking numbers of units sold and average selling prices

This article is  provided by David Davis NMLS #76573 @ First Home BankSep 27, 2021One thing that we all keep hearing in this market from prospective buyers is “I’m just going to

Sales of newly built single-family homes hit a seasonally adjusted annual rate of 740,000 in August 2021, up 1.5% from the revised July rate, according to the US Census Bureau.Sales of newly built

In 2020, nearly half of homesellers were baby boomers or part of the silent generation, but through the next year, a whopping 80% of luxury sellers will be millennials and Gen Xers.Luxury

Only 1 in 20 homes that hit the market next year will be foreclosed properties, according to a survey of real estate experts and economists.As eviction and foreclosure bans expire, real estate

As the weather cools, so too will competition and housing prices, experts told Inman for its 2021 Fall Housing Market Outlook. Still, agents can expect inventory to remain tight.It looks like real

It may be time for real estate professionals to brace for the industry’s future as the Federal Reserve figures out how to address inflation in the United States.Amid the uncertainty

About 850K homeowners may have their mortgages exit forbearance between Aug.-Oct. this year – a potential for tens of thousands more homes on the market.MIAMI – The American housing

Projected growth in new home sales wouldn't offset expected drop in existing home sales.Sales of existing homes were stronger than expected in July, but Fannie Mae forecasters expect homebuyer

If you are thinking about selling your home, you may only see headaches ahead. You may face a long list of improvements you'll need to make before your house can even go on the market.Related: 6

Home sales declined in August on a seasonally adjusted basis, settling in 6% lower than the same time last year, according to new data from Redfin released Thursday.For the first time since the

Between now and Oct. 17, most markets across the country will have more homes for sale, lower prices and less buyer competition, according to Realtor.com data.Between now and Oct. 17, most markets

We’re seeing more balance in the housing markets, but a second wind could be ahead, according to the latest data from realtor.com®’s Weekly Housing Trends Report.Key findings:–

The foreclosures rate fell to 0.2% in June 2021 from 0.3% the previous year, according to data released Tuesday from property analytics provider CoreLogic.After a year of downward action,

Black Knight: As a result of rising home values, the average homeowner could refinance their mortgage and withdraw $173,000, while keeping 20% equity in their home.JACKSONVILLE, Fla. – Black

Builders got a break in August from the price increases of previous months, but the unpredictable swings in costs remained unwelcome.Prices for a broad range of construction materials dropped in

During the 4-week period ending Sept. 5, pending sales rose 6% from the year before, according to a report released Wednesday by Redfin.The number of homes sold above list price — and the

Florida Realtors: A new effort will offer homeownership opportunities for frontline workers and take the place of the Housing Funds for Housing ballot campaign.TALLAHASSEE, Fla. – Florida

Home price growth in July soared a record-shattering 18% year over year, the highest price appreciation recorded since CoreLogic began tracking the metric in 1976.Home price growth in July soared a

The numbers are headed in the wrong direction for loans that are backed by private lenders rather than the government, according to new survey by the Mortgage Bankers Association.The pace at which

Realtor.com got 18K more new listings in Aug. 2021 than it did in Aug. 2020 – and more were affordable, entry-level homes. Realtor.com’s economist says it’s still a seller’s

Prices for single-family homes heated up even more as the summer market kicked off in June, according to the most recent S&P CoreLogic / Case-Shiller Indices.For the third consecutive month,

The percentage of mortgages currently in forbearance remained almost entirely flat at 3.25%, according to the latest report from the Mortgage Bankers Association (MBA), though the industry expects&

Median home price growth soared 18.6% in June from 16.8% in May, setting a new record after a series of historic highs, according to the Case-Shiller National Home Price Index.U.S. home price growth

As we move deeper into the third quarter of 2021, the boom that has swept up all aspects of the housing market—including the luxury sector—continues to hold strong…but for how?

So you've decided to put your home on the market. Congratulations! Hopefully, you've brought a rockin' REALTOR® on board to help you list your spot, and together you've done your due diligence

The Supreme Court's conservative majority is allowing evictions to resume across the United States, blocking the Biden administration from enforcing a temporary ban that was put in place because of

SCOTUS rules for housing providers, CDC’s latest extension is unlawful.The U.S. Supreme Court ended the Centers for Disease Control and Prevention (CDC’s) eviction moratorium Thursday

Majority of consumers feel owning a home and having a tech-savvy agent are very important.The COVID-19 pandemic is revealing some key takeaways on how we want to live our lives. One learning is that

Now more than ever, properties are selling well over list price, and buyers are chomping at the bit to purchase. Here's why you shouldn't wait to get in on the action.The Federal Housing Finance

Experts say the transition for institutions is 'inevitable' and that it may ultimately bring a few perks, like lower pricing and more inventory, to short-term rental guests.Institutional investors

July marked the second consecutive month of existing-home sale increases, according to the latest data from the National Association of REALTORS® (NAR).Total existing-home sales increased 2

Leverage your strengths and assets to connect with your audience.Love her or leave her, there is no argument that Kim Kardashian is a powerhouse marketer. With 240 million Instagram followers and 70

Many smaller landlords are losing sleep, doing their own repairs, and some are even selling property, which could further dent the U.S.’s supply of affordable housing.NEW YORK (AP) –

Competition eased throughout the nation for Redfin agents, who reported only 60% of their offers were part of a bidding war in July.Bidding wars have been cooling off quickly, at least according to

It depends, but you don’t need to be "rich" to invest in real estate. You just need to be smart with your money and willing to invest it in an appreciating asset.NEW YORK – Most people

Loan servicers must attempt to work with borrowers before initiating foreclosure proceedings.The share of homeowners in forbearance posted the biggest decrease in three weeks at the end of July,

The median existing single-family home price rose 22.9% year over year during the second quarter, to $357,900, an increase of $66,800 from the year before, according to NAR.August 12, 2021 Share

Meet the mother and son duo who stage homes to make a great first impression and get sellers the best price.Today’s homebuyers tend to make a decision about a property before walking through

The truth is, Florida lakes don’t usually get as much attention as say, fresh springs and the beaches. But, visiting a Florida lake during a warm, sun-filled day might just be the best

Buyers can expect quicker tours and may be asked to take extra precautions, such as removing shoes, using hand sanitizer and refraining from touching items in the home.Many sellers have offered

Most experts agree that there’s a “foreclosure threat,” but it’s uncharted territory – any uptick in foreclosure listings is hard to predict. With prices rising,

August 5, 2021One of the first steps before listing a home for sale is often clearing the clutter. But that can be tough for homeowners, who may already be overwhelmed with the prospects of moving,

August 3, 2021In a two-year analysis, homes on a mid-Atlantic MLS sold for more money than similar homes that sold off of it. Bright MLS, a multiple listing service that supports more than

Most listing descriptions once started with things like “granite countertops” and “wood floors” – but words like “large” and “spacious” became

July 30, 2021Golf communities had seen a decline in demand over recent years, with several neighborhoods removing or repurposing them. But amid the pandemic, the popularity of golf communities has

Mr. President, there are many reasons why we shouldn’t cap the 1031 like-kind exchange.When President Joe Biden released his $1.8 trillion American Families Plan in April, one of the ways he

July 29, 2021More potential home buyers may be getting priced out of the housing market as home prices continue to rise. Pending home sales declined in June, another sign that the housing market may

NAR released a summary of existing-home sales data showing that housing market activity this June increased 1.4% from May 2021. June's existing-home sales reached a 5.86 million seasonally adjusted

July 27, 2021Sales of newly built single-family homes continued to decline in June as some builders slowed sales contracts to manage supply-chain challenges and more potential buyers became priced

July 27, 2021Since the pandemic began, vacation home sales have soared as Americans have looked for an alternate work-from-home space and a place to relax and spread out. That has prompted a-

July 23, 2021Competition for condos is growing fierce, as most are selling above list price and in a record 22 days, according to a Redfin analysis of nationwide MLS data and public county records.

July 21, 2021The multimillion-dollar trophy home has been in hot demand since the pandemic. The number of homes that were sold for more than $1 million has increased by a whopping 81% over the past

July 22, 2021More home sellers are trying to snag some of the highest prices on record. That is helping to lift housing inventories and home sales.After four consecutive months of declines, existing

July 15, 2021Bidding wars are still more common than a year ago, but economists are starting to notice the competition lessen somewhat. As more housing inventory gradually enters the market, buyers

Florida Realtors economist: In today’s market, prepare buyers to consider paying at least asking price – over half of successful Fla. transactions do. But it’s not a simple,

The groundwork for today’s inventory shortage was created during the 2008-2009 Great Recession. The pandemic merely made existing problems worse.NEW YORK – Today’s market problems

July 9, 2021The pandemic spawned a drive to spruce up the home and that desire is continuing. Half of U.S. homeowners recently surveyed say they plan to spend more on home improvements in 2021 than

With home prices rising and housing inventory tight, home buyers are craving a wider variety of options in a competitive market. While construction has picked up, labor shortages and the rising cost

June 28, 2021By: Scholastica (Gay) CororatonAs the foreclosure moratorium for federally-guaranteed (FHA, VA, USDA) and GSE-backed (Fannie Mae, Freddie Mac) mortgages is about to end on June 30

In recent weeks much has been written about the rising cost of U.S. housing. According to Reuters News Agency, the “rising cost of steel, lumber and copper is hampering homebuilding—and

July 8, 2021Seventy-seven percent of consumers say it’s a good time to sell a home—a record high, according to Fannie Mae’s Home Purchase Sentiment Index, a survey of 1,000 adults

July 6, 2021Adjustable-rate mortgages became unpopular after 2008 financial crisis, but they are reemerging as buyers contend with record high home prices. “The epic surge in home prices has

July 6, 2021According to a Trip Advisor survey from this spring, more than two-thirds of Americans said they plan to travel during this summer. Investors are discovering greater interest in their

The time for acceptance provision in Florida Realtors contracts hasn’t changed recently – but the market has. In a time when sellers often receive multiple offers in record time after

July 2, 2021As home listing prices break another new record, more homeowners are looking to take advantage and list their homes for sale. New listings in June rose 5.5% year-over-year and are up 10%

Vacation-home sales have surged during the pandemic as remote work and low mortgage rates have made them more desirable.In 2020, vacation-home sales climbed 16.4%, outpacing the 5.6% growth in

The April Case-Shiller home price report found prices rising at their highest pace since 2005, and the forces pushing prices higher offer “little evidence of abating.”WASHINGTON (AP)

June 30, 2021Pending home sales bounced back strongly in May and surged to the highest reading for the month of May since 2005, the National Association of REALTORS® reported Wednesday.NAR&rsquo

June 30, 2021Porch and patios are not the same. But they’re both in demand, so it’s worth knowing the differences so you can present them accurately to your home buyers.Homeowners and

To win a bidding war, more buyers are waiving appraisal and inspection contingencies, according to the latest REALTORS® Confidence Index survey. Home buyers most commonly are waiving the

Prices are surging and uncertainty in the availability of building materials, lots, labor is chipping away at new-home sales, even as buyer demand remains high.Newly built, single-family home sales

June 25, 2021To win a bidding war, more buyers are waiving appraisal and inspection contingencies, according to the latest REALTORS® Confidence Index survey. Home buyers most commonly are

Citing new-home supply problems and tight inventory, Fannie’s latest forecast calls for a 4.2% uptick in 2021 home sales – a cut from 6.3% predicted a month ago.WASHINGTON – Fannie

A bubble, by definition, pops and prices plummet. Look at buyer demand. Look at homeowner equity. Prices could stop going up for a bit – but it’s not a bubble.NEW YORK – Record

June 17, 2021Builders can’t build fast enough as home buyer demand continues to surge. But rising material costs are proving a challenge, making it more difficult to keep new homes within

Second-home locations—viewed as a safe destination when the pandemic disrupted how people live—have gained full-time residents, and houses are changing to meet the demand.As COVID-19

Calling the current housing shortage “dire, with a chronic shortage of affordable” homes, NAR suggests steps to take but warns it requires a “major national commitment.&rdquo

Many owners would love to get top dollar for their home, but they weigh that perk against the downside – buying another home – and fears outweigh their desire to list.NEW YORK –

June 9, 2021Buyers who head into the housing market believing they should get a home for less than the listing price may be very disappointed. Instead, they may consider that asking prices have

June 8, 2021Builders are building more, even though overall housing inventories still feel tight. Builders in April constructed about 24% more homes than they did in April over the last couple of

Existing homeowners may be feeling richer since they've received a notable boost to their home equity over the last year. Homeowners with a mortgage have seen their equity climb nearly 20% year over

Existing homeowners may be feeling richer since they've received a notable boost to their home equity over the last year. Homeowners with a mortgage have seen their equity climb nearly 20% year over

With a low supply of homes for sale, sellers are finding quicker sales and fetching higher offers. Eighty two percent of homeowners who sold in the last six months accepted offers at list price or

June 8, 2021Builders are building more, even though overall housing inventories still feel tight. Builders in April constructed about 24% more homes than they did in April over the last couple of

Many owners would love to get top dollar for their home, but they weigh that perk against the downside – buying another home – and fears outweigh their desire to list.NEW YORK –

Eighty-two percent of homeowners say they are more interested in updating their outdoor living spaces now than they were prior to the pandemic, according to the 2021 Outdoor Living Report(link is

June 4, 2021A strong online photo presentation of a home may have never been more important than it is now. The share of home buyers who used the internet to search for a home increased to an all

May 26, 2021Despite higher home prices, waived contingencies, and an ongoing increase in shopping for homes virtually, most buyers say they’re happy with their recent home purchase. More than

May 27, 2021The lack of inventory continued to chip away at pending home sales last month, but the home-buying craze is still going strong.The National Association of REALTORS®’ Pending

Sales of newly built single-family homes dropped 5.9% in April compared to March, the U.S. Department of Housing and Urban Development and the U.S. Census Bureau reported on Tuesday. Sales are

Bidding wars have become the norm, but the bigger dilemma buyers face is how much higher the asking price will be in that competitive offer situation.In Marin County, Calif., a recent listing for a,

Buyers who purchase newly constructed homes are paying more not only because of intense competition in the market but also surging lumber prices. Record-breaking growth for the cost of lumber is

More buyers are turning to the new-home market for greater inventory options, but builders are struggling to keep pace. Some smaller firms have temporarily stopped signing new contracts in order to

Moving scams are real and if you or your clients have ever been victimized, you know how difficult the frustration and struggle is to get your property. While real estate agents are typically not

A new survey of 42 economists showed that home prices, housing starts, apartment vacancies and other factors should remain healthy for the next several years.BY JIM DALRYMPLE IIMay 19, 2021Home

The single-family housing market was particularly strong in 2020. As of Q4 2020, home prices appreciated 10.8% year over year, according to the FHFA Home Price Index, and the National Association of

Realtor.com study: The median asking price for a Fla. home in April was $367,450; the asking price for the most expensive listing was $95M – a 25,754% difference.CHICAGO – Realtor.com

Pandemic-era buyers moved farther out and to new cities, assuming they’d never have to return to the office. Now, if forced to choose, 25% would pick home over their job.SANTA CLARA, Calif.

The DIY industry has been booming since the pandemic as more homeowners tackle house projects while sheltering in. But some projects may be doomed to fail.Homeowners report spending an average of

Home searches are lengthening as buyers find themselves up against steep competition. Sixty-four percent of buyers who are actively engaged in the homebuying process reported searching for three

  Inflation is edging higher, which doesn’t bode well or interest rates. The consumer price index rose 1.7% year over year in February after having sunk to nearly zero in the early months

President Joe Biden’s recent tax proposal includes a $500,000 limit on the amount of deferred gain from Section 1031 like-kind exchanges. If the proposal becomes part of the official package

Rising home prices and recession memories have convinced some buyers that a bubble will pop and prices will drop. But it’s just too much demand and too little supply.NEW YORK – The U.S.

The median existing-home price for a single-family home in March jumped to a record high of $334,500, according to data from the National Association of REALTORS®. Meanwhile, the median sales

May 6, 2021The U.S. housing market is on a hot streak with double-digit annual gains in home prices, bidding wars, and surging buyer demand. That type of soaring housing market is prompting more

Inventory is bleak, but there are still ways brokers and agents can help their clients find the right home.The seller’s market is only getting stronger in 2021 as home prices continue to rise

From the paint colors to the layout and location, a person’s home can significantly impact his or her mental health, according to a new survey from Sears Home Services of more than 1,000

Soaring home prices have fueled talk of a bubble. Economists, however, think a gradual slowdown is more likely than a sudden pop.Bill Wilmering’s buyer has disappeared.An agent with Wood

Inventory shortages have plagued markets across the country, but a new survey suggests a turnaround may soon begin to break for frustrated buyers who can’t find enough homes for sale.Ten

One of the hottest topics nationwide right now is real estate. Some of the big questions people are asking out there are: How is our real estate market doing? Is it a good time to sell? To buy? How

The median existing-home sales price surged to a record high in March, climbing 17.2% annually, the National Association of REALTORS® reported Thursday. Median prices nationwide reached a

The 30-year rate was 2.97% this week, down from 3.04% last week. Despite these low rates, many buyers are unable to purchase a home due to the shortage of inventory.McLEAN, Va. (AP) – Mortgage

In Feb., the number of homes sold for more than $1M rose by 81% year-over-year, while the number of homes that sold for less than $100K fell 26%, according to NAR.McLEAN, Va. – As wealthy

The rest of the story is that while there are more listings for sale for the same time last year, there is not enough new inventory for sale to replace the 127% increase of pending sales and the 79%

Housing Sentiment Jumps on Consumers’ Selling and Personal Finance Optimism.Sixty-One Percent of Respondents Believe It’s a Good Time to Sell a HomeApril 7, 2021The Fannie Mae Home

Reach & Written by Richard EimersApril 14, 2021Speaking of Inventory, monthly newly listed properties continue to increase compared to the same month 12 months ago and it has been like this for

Buyers are moving to smaller cities and more affordable states: renters are buying or moving out of the city. The demographic changes will impact more than real estate.WASHINGTON – Call it

Inventory has been tight for a long time now, but this spring agents across the country are seeing something different — and more difficult.This is the first installment in Inman’s

SEATTLE, March 18, 2021 /PRNewswire via COMTEX/ -- SEATTLE, March 18, 2021 /PRNewswire/ -- (NASDAQ: RDFN) — The national median home-sale price rose 14.4% year over year to $336,200 in

Today, some are afraid the real estate market is starting to look a lot like it did in 2006, just prior to the housing crash. One of the factors they’re pointing to is the availability of

For owners in forbearance, a possible foreclosure is closely tied to whether or not they’re working again. This spring, about 800K owners in forbearance – out of a total of 2.6 million

Written by Richard Eimers 3/30/2021Data comes from the Emerald Coast Association of Realtors Multiple Lisdting Service.This information is exclusively for the Santa Rosa Beach, Destin, Miramar&

With the real estate market experiencing surging prices, scant inventories and a backlog of new home construction, many consumers are wondering if what’s gone up must come back down—in

Love soaking up the Sun? Then, Destin, Florida, is the place to be. Nothing can beat its sugar-white sand and crystal-clear water. Moreover, there is diversity on Florida's shores. From family

Industry professionals painted a picture of a competitive market that only stands to get more intense as the weather gets nicer and more buyers come out this spring.The first day of spring is on

Overall residential spending increased 2.5%, boosted in part by higher demand for outer-urban areas where builders have more land to develop.SILVER SPRING, Md. (AP) – Spending on U.S.

Feb. Housing Starts Fall More than Expected – 10.3%Starts hit a 14-year high in Dec. before seeing an unexpected drop (5.1%) in Jan. and then 10.3% in Feb. Building permits – a sign of

While lumber costs deserve a lot of the blame for the rising price of new homes, other things – crude oil (paint), drywall, ceramic tile – are also more expensive.NEW YORK – The U.

DESTIN — JSX, the Dallas-based "hop-on jet service" has expanded into Florida for the first time, according to a press release from the company.The airline will offer seasonal

Active, New, Under Contract & SOLD ListingsDestin, Miramar Beach, 30A & Santa Rosa BeachWritten & Researched by Richard EimersWhy is this information important? Not because knowledge is

As we move into the 2021 real estate selling season, we are entering it with 46% fewer properties for sale. Based on Year Over Year Statistics we see that our inventory continues to be low, even

\March 4, 2021In Denver, real estate pros are reporting that some listings are seeing more than 100 showings in one weekend and are then receiving more than 20 offers. Buyers are being told to

Every year, families pack up the minivan and head to theFlorida Panhandle for a beach vacation with a Southern accent.“I’m catching crabs!” Four-year-old Jonathan Bullington shouts

Written by Richard Eimers, March 1, 2021Real Estate is as Local as the weather, the weather report for any other part of our country has no impact locally. So, when I read a national real estate

This situation isn't just pandemic-related — the inventory crisis has been a decade in the making, driven by five major trends that are unlikely to change.In March of last year, just as the

Florida Realtors economist: Why should I list now? Show them why graphically based on 1) different home needs, 2) low mortgage rates and 3) equity potential. In 2020, over one-third of Fla. single

It's become cliché, "lowest inventory of property for sale since the beginning of time" and although this may be true there is new inventory coming to the market every week, unfortunately the

February 19, 2021Home sales could easily be 20% higher if more homes were for sale, says Lawrence Yun, chief economist of the National Association of REALTORS®. Existing-home sales&mdash

This spring will likely be another fiercely competitive one for home buyers. Real estate professionals should prepare their house hunters for record low inventories and rapidly rising home prices.

As home prices rise by double-digit margins year over year, homeowners are increasingly viewing selling favorably. Consumers reported a significantly more positive view of homeselling conditions

REGARDING INVENTORYResearched & Written by Richard EimersFebruary 16, 2021Looking back at January & February 2020 started off strong with a good balance of Seller inventory for sale and

Are we trapped in another housing bubble?A rapid rise in home prices has some experts worriedHome prices are rising coast to coast and are outstripping wages and rents. Some say it's another housing

Researched & Written by Richard Eimers February 8, 2021Locally speaking; specifically, 30A, Santa Rosa Beach, Inlet Beach, Destin & Miramar Beach Home values appreciated by 17% in 2020, and

February 4, 2021This spring will likely be another fiercely competitive one for home buyers. Real estate professionals should prepare their house hunters for record low inventories and rapidly

At Thurs.’s 2021 Florida Real Estate Trends, NAHB Chief Economist Dr. Robert Dietz called 2020 “a surprise year for growth,” and he along with other presenters generally agreed

If you own rental real estate, you should be aware of your federal tax responsibilities. All rental income must be reported on your tax return, and in general the associated expenses can be deducted

The National Association of Realtors reported existing home sales for the month of December were at 6,760,000, a beat of estimates. This also closed the books on 2020’s housing market as we

BY LILLIAN DICKERSONFebruary 1, 2021, 7:56 A.M.Homes for sale in rural areas across the nation were down 44.4 percent year over year during the four weeks ending Jan. 21, driving an all-time low in

New-home sales tapered off at the end of 2020 as higher home prices offset some of the strong buyer demand seen earlier in the year. While sales of newly built single-family homes increased 1.6% in

The highest offer tends to win a bidding war, but frustrated buyers hoping to increase their odds have made Harry Potter videos and offered sellers Academy Award tickets.NEW YORK – With strong

If you own rental real estate, you should be aware of your federal tax responsibilities. All rental income must be reported on your tax return, and in general the associated expenses can be deducted

This is an article I felt I had to share, I've been talking about this for 15  years and it is nearly here, and we did it and we can thank our NAR and our local Association of Realtors for

Research & Written By Richard EimersJanuary 25,2021Locally, Destin, Miramar Beach, Santa Rosa Beach & Inlet Beach existing-home sales for 2020 also surged to our highest level in 14 years,

January 22, 2021Existing-home sales in 2020 surged to the highest level in 14 years, landing 22% higher than a year ago, the National Association of REALTORS® reported Friday. Existing-home&

Purchasing real estate is one of the best ways to kickstart or build an investment portfolio. Notonly can a vacation rental bring in a steady flow of income, but owning a property is a great wayto

A handful of economists shared with Inman their forecasts for home sales and prices, inventory, the impact of a coronavirus vaccine and the risk of another recession.The housing market will enter

Housing Market Still in Growth Mode Going into the Holidays      HOUSING MARKET RECOVERY INDEX HIGHLIGHTS – WEEK ENDING DECEMBER 5The ‘housing demand’ component

National Housing Market Forecast and Predictions: Back to NormalTo say 2020 was a year of surprises is an extreme understatement. What started off as a bright year for the housing market and the

Did you know that half of all businesses in the U.S. are home-based? It’s no wonder why: the startup costs are lower, there’s no commute to speak of and there’s much more

Defying high unemployment and an economic recession, the housing market has surged during the COVID-19 pandemic. That isn’t likely to let up heading into the winter months, said Lawrence Yun,

SANTA ROSA BEACH — For just shy of two years, Walton County has been funding a legal battle to wrest control of 16.4 miles of crystal white beach from the hands of private property owners.The

Through all the challenges of 2020, the real estate market has done very well, and purchasers are continuing to take advantage of historically low mortgage rates. Realtor Magazine just;

An effective vaccine could mean a spike in interest rates and return to some pricy metro markets, economists and agents told InmanPharmaceutical giant Pfizer announced last week that the company is

Usually, when a home isn't selling, it boils down to 3 main reasons. The good news? Once you identify what's wrong and fix it, you'll be well on your way to achieving your goals.The key to being a

The 72nd annual Destin Fishing Rodeo finished strong on Halloween with big fish and big numbers.The month-long fishing tournament saw more than a dozen fish break onto the leaderboard on the final

The trade organization said on Friday that the changes will 'raise the bar on the professionalism and private speech of America’s 1.4 million Realtors'After an annual conference heavily

Buyers may finally be getting more housing choices. The number of newly listed homes is showing the most improvement since March. Realtor.com® says its data shows the housing market is

With the current low-inventory market and the overall uncertainty, an agent's job has never been more important. Here's how to guide buyers and sellers while keeping their stress levels low.With

Please see the graphs included, the 1st graph shows the sales activity by the week going back to March 20th. And shows the week over week percent of change of new listings, pending and sold

What Will Homes Look Like in a Post-Pandemic World?3 Takeaways: Buyers are mainly interested in single-family homes with more square footage.Wellness-centric amenities that combat the spread of the

We all have our real estate expectations on the line and all we really see are national data ad we are supposed to figure out how the national data applies to our local properties. I will tell you

Most of the largest real estate disruptors are moving toward hiring agents for new brokerage services — that's nearly $35B in enterprise value pushing in this direction.by Mike DelPreteToday 9

Annualized Sales Rate of 6 Million in AugustWASHINGTON (September 22, 2020) – Existing-home sales continued to climb in August, marking three consecutive months of positive sales gains,

See why the U.S. housing market continues to thrive, six months into the COVID-19 pandemicIn the early days of the COVID-19 pandemic, we were faced with a world of unknowns. Lockdowns across the

October 7, 2020Not all struggling borrowers who are eligible for forbearance have taken it during the pandemic. That has led to a growing number of homeowners who are delinquent on their mortgages

Cooler weather won’t chill the housing market’s rally, as strong existing-home sales and record-high pending home sales in August indicate no homebuying slowdown in fall, NAR Chief

Calls To Eliminate or Limit Section 1031 of the Tax Code Threaten To Derail Economic Recovery and Further Damage a Hurting Industry.Four years ago, as Congress began debating what was to become the

The index score rose to 85.1 from Aug.’s 78.8 – the biggest increase since the pandemic hit. While the sentiment index isn’t back to pre-pandemic levels yet, the component

Can you believe it’s already the end of September, I can’t, in spite of everything that has gone on for 2020 thus far, our housing market remains robust and it would be so much better if

September 25, 2020Sales of newly built single-family homes in August reached their fastest pace since September 2006, the Commerce Department reported Thursday. They also attained another landmark:

Some HighlightsAs a seller today, you may think pricing your home on the high end will result in a higher final sale price, but the opposite is actually true.To sell your home quickly and for the

Housing inventory is at an all-time low. There are 39% fewer homes for sale today than at this time last year, and buyer demand continues to set records. Zillow recently reported:“Newly

Is the Second-Home Market About to Boom?YOLO (you only live once) took on a deeper meaning during the pandemic, and Americans’ glimpse of their own mortality may drive vacation home sales.NEW

Weiss Analytics: Fla.’s Panhandle offers the best returns on vacation-home investments in the U.S., while Siesta Key and the Miami Beach metro also made the top 20 list.NEW YORK – Real

AUGUST 31 ST MAKES 6 MONTHS OF COVIDI thought it would be interesting to see, “Graphically” how COVID has impacted Real Estate. Thesefigures are a comparison of the sales activity for

Housing’s resiliency against the pandemic is “remarkable,” NAR Chief Economist Lawrence Yun  said to REALTORS® attending a virtual conference.Key takeways:A third of

August 26, 2020Buyers continue to rush to the new-home market. Sales of newly built single-family homes in July surged to the highest pace since 2006, jumping 36% higher than a year ago, the U.S.

August 26, 2020Buyers continue to rush to the new-home market. Sales of newly built single-family homes in July surged to the highest pace since 2006, jumping 36% higher than a year ago, the U.S.

Please keep in mind that this data is exclusively for inventory in the Destin, Miramar Beach, Santa Rosa Beach, 30A, Inlet Beach & Point Washington market areas. I personally harvest this data

Weiss Analytics: Fla.’s Panhandle offers the best returns on vacation-home investments in the U.S., while Siesta Key and the Miami Beach metro also made the top 20 list.NEW YORK – Real

The residential real estate market has definitely been the shining light in this country’s current economic situation. All-time low mortgage rates coupled with a new appreciation of what a

When it comes to real estate, people still hold on to a host of tired, old-school beliefs that are hard to shake off. But to ensure a successful sale, agents need to educate their sellers on how the

Please keep in mind that this data is exclusively for inventory in the Destin, Miramar Beach, Santa Rosa Beach, 30A, Inlet Beach & Point Washington market areas. I personally harvest this data

Increasing access to market data, evolving buyer behaviors and the new COVID-19 realities have made this practice obsolete. Here are 5 reasons to share with sellers to keep them from making this

It doesn’t matter where you live. Any home can flood, and now there are new data tools to help gauge the level of risk to each property. You can play a big part in helping to educate your

With the strength of the current housing market growing every day and more Americans returning to work, a faster-than-expected recovery in the housing sector is already well underway. Regardless,

Dozens of agents from across the U.S. and Canada shared insights Tuesday during Inman Connect Now. Overall, they described active markets that have also changed during the tumultuous months of the

As the effects of the pandemic continue, nine in 10 REALTORS® say their housing markets are in recovery mode, with many even saying their markets are hotter now than a year ago, recent member

Home Price Index Highlights: May 2020                    National home prices increased 4.8% year over year in May.Home prices are forecast to

I chose include this article because it has been the theme for My Week In Review since COVID. This artcle by Matthew Gardner chief economist for Windermere Real Estate & the second largest

Ladies & Gentlemen we have a SPIKE.As of April 12, we have witnessed 2 significant Spikes. 1st are the sold & closed properties Spike and 2nd there is the inverted pending sales spike.The

BY ANDREA V. BRAMBILAJune 03, 2020David Doctorow has now been CEO of realtor.com operator Move Inc., a News Corp. subsidiary, for five months and he takes exception to the

Housing inventory across the US was down 27.4% year over year, or approximately 363,000 fewer homes during the same period last year, according to realtor.com.Although buyers appear to have regained

Moving to a smaller space is not just for empty nesters and retirees anymore, says Sheri Koones, author of Downsize: Living Large in a Small House (2019, The Taunton Press). Younger people are

New pending sales continue to be strong, nationally speaking YOY (Year Over Year) pending sales increased 13.7% according to the latest Zillow Weekly Market report. The areas experiencing the

The association agreed to update the phrase to"primary bedroom" and "primary bath."The Houston Association of Realtors has stopped using the word "master" to describe bedrooms or bathrooms, a change

Although it's hard to know how long this pandemic will last, one thing seems certain — the drive to find the ideal home remains a priority. That's why it's important to let buyers and sellers

It is June 22 and it feels like we have been doing July 4th Week since Memorial Day. Perhaps we can be grateful for stunning weather, the seaweed being gone and the gulf waters are quieter and

Realtor.com measured its website’s listing data on Feb. 1, gave it a score of 100 and compared changes over time – and Fla.’s top metro areas outperformed U.S. averages. While many

Midway through the year, Inman breaks down some of the most expensive transactions of 2020 and finds that the pace of high-dollar deals hasn't been hampered by the pandemic.Even as the country

Still waiting to exhale, been holding it since Memorial Day-Week, with our town and beaches once again filled to 95% occupancy with beach goers, bicycle riders, walkers, gulf and bay fishing,

There is a once-in-a-lifetime opportunity here, a chance to make good from an ugly and painful situation.In case you haven’t noticed, we’re in the middle of a worldwide pandemic. The

Don’t underestimate how difficult this time can be for your buyer or seller. Know your market, understand its nuances and be able to explain your contracts and addenda in plain English.In a

Tropical Storm Cristobal & COVID, a week of wind and rain may have dampened the mood just a bit with fewer new listings and fewer properties under contract. As the gulf waters covered our

Calls for justice against racism and police brutality have manifested in the form of protests all around the U.S. after George Floyd, a black man in Minneapolis, lost his life after a white 

Memorial Day/Week has come and gone and frankly, based on the crowds of people enjoying our beautiful beaches, I would say everyone was enjoying their respite from sheltering at home. One side

But real estate agents say that could all change in the fall, when owners of second and third homes seek to shake off excess properties. 'Since this happened before Memorial Day, people are saying I

Open the Beaches, Open Short Term Rentals, Forget Social Distancing and let’s see what that has done to real estate since May 16th to May 22nd, we saw new listings spike to 162 with a spike of

Clockwise from top left, Castle Rock, Colorado, Menlo Park, California, Franklin, Tennessee, and Morristown, New Jersey.When the coronavirus pandemic first hit the U.S., the real estate

GRAYTON BEACH, Fla. (WJHG/WECP) - There's hundreds of coastal towns in America, but it's this small beach community in the Florida panhandle that takes first prize.Grayton Beach is Dr. Beaches top

During the first quarter. GDP growth posted its worst performance since the Great Recession, recording a -4.8% growth rate.However, housing’s share of gross domestic product (GDP) increased

By: WCTV Eyewitness NewsMay 19, 2020TALLAHASSEE, Fla. (WCTV) — All Panhandle counties can reopen vacation rentals, the Secretary of Florida's Department of Business & Professional

Acknowledging the many unknowns in relation to the COVID-19 virus, Lawrence Yun, chief economist for the National Association of REALTORS®, sounded cautious optimism about where the economy is

State officials expect tourism to return slowly, but a robust real estate market may lead Fla.’s economic recovery. Mortgage rates right now may be lower than a potential home seller’s

As we all continue to have concerns about what COVID-19 has done to real estate since March 13th & for the most recent 7 days, we saw 114 new listed properties with 99 properties under

Given how we have seen more unemployment claims than ever before over the past several weeks, fear is spreading widely. Some good news, however, shows that more than 4 million initial unemployment

Substantially Fewer Americans Believe It’s a Good Time to Sell a Home  After falling 11.7 points last month, the Fannie Mae Home Purchase Sentiment Index® (HPSI) decreased an

A first-time buyer — Inman reporter Andrea Brambila — goes through a day of socially distanced showings and wonders how to make the right choice while existing in a bubbleI arrived at

We all have concerns about the effects of the COVID-19 on real estate since March 13th. For the last 7 days, we saw 127 new listed properties with 97 properties under contract. Destin, Miramar,

As the real estate market grinds to a halt amidst the coronavirus pandemic, it may seem like conventional wisdom for prospective sellers to wait things out.But while data shows that a record number

Even chaotic times can bring some positive lessons to learn from. Here's how COVID-19 might change the real estate industry and how homebuyers can benefit from the situation.BY ANDREW

If you've been thinking about buying a home for a while, you may have marked your calendar back in the winter to start your house hunt right about now. After all, spring typically kicks off the

CHEYENNE, Wyo. (Wyoming News Now)- eXp realty has implemented 3D tours to do during this pandemic. They are using virtual world to bring in a buyer or seller and show them the house that way. "We

With all of the volatility in the stock market and uncertainty about the Coronavirus (COVID-19), some are concerned we may be headed for another housing crash like the one we experienced from 2006

Recession notwithstanding, housing prices rarely go down – and the financial underpinnings that led to steep drops a decade ago aren’t present in today’s market.NEW YORK – A

Recession notwithstanding, housing prices rarely go down – and the financial underpinnings that led to steep drops a decade ago aren’t present in today’s market.NEW YORK – A

Direct vacation-rental spending was almost 20% of Fla.’s tourism industry in 2017 and 1.6% of state GDP. In 2018, more than one in 10 (11.2%) tourists stayed in a vacation-rental home.

Fixer-uppers have long had their fans. Some investors love the idea of making major repairs to a home that increase its value and then resell the property for profit. Others are looking for a low

Ask any real estate agent how the market is and you’re almost sure to get the same answer: “Great!”Even if the market is great, it still may not be a great time for you to sell.

One of the most-asked questions for real estate agents is, “How’s the market?”While it’s most important to know what’s happening in your area, it’s also a good

It might sound like a great deal for your weekend warrior clients, but some properties just aren’t worth the price. Here’s what to watch out for!by Christy Murdock EdgarFebruary 03,

A home costs more than just the sale price. For example, closing costs—which make up about 2% to 5% of the home’s purchase price—are a major added expense. Michael Hyman, a

With the start of a new decade, many changes are taking place. In regards to design trends, 2010 brought white kitchens, clean lines and minimalistic decor. Now, there’s a shift to older, more

Outside of a strong economy, low unemployment, and higher wages, there are three more great reasons why you may want to consider buying your dream home this year instead of waiting.1. Buying a Home

Outlook for Housing Significantly Upgraded as Economic Forecast StrengthensStrength in labor markets and consumer spending, both of which are expected to lead to further improvement in business

Speaking on a government policy panel during NAR’s first-ever Real Estate Forecast Summit were, from left, moderator Amy Scott of National Public Radio; Michael Neal, senior research associate

In today’s world of virtual options, agents are sick of being tethered to the office. If you’ve been hesitant to take your brokerage remote, here’s how you can give your agents

'Tis the Season for these favorite cookies at Christmas Time. My wife makes them every year (and no, she doesn't like to bake but she loves me, LOL).Recipe:175g of soft butter80g Powdered Sugar (and

I am Richard Eimers Broker Associate with the fastest growing national brokerage in the world eXp Realty. I am bringing this article to you because it is relevant to your goal to sell your property

The countdown to 2020 is officially on! We’re taking a look back at some interesting patterns from 2019 and discussing our top picks for real estate trends to look out for next year.1.

Some sellers are hoping to hook a buyer by offering a one-year home warranty to cover repair costs for items such as appliances, electricity, or plumbing. The tactic, which is gaining,

Some sellers are hoping to hook a buyer by offering a one-year home warranty to cover repair costs for items such as appliances, electricity, or plumbing. The tactic, which is gaining,

Fannie Mae economists have upgraded the economic outlook for the coming year, and a big reason behind that is expected growth in the housing market. Housing added to economic growth in the third

Vacation Rental Owners and Managers Weigh In On Navigating the Laws Around the Legal Use of Recreational Marijuana.The adult use of recreational marijuana is legal in a dozen states, with

In September, Home Prices Grew by 3.5% Year-Over-YearHome prices in September grew by 0.4 percent by month and 3.5 percent year-over-year, according to the latest CoreLogic Home Price Index and

The Brokerage is Partnering with Clearwater Benefits, a Texas-Based Insurance Startup For Independent Contractors.EXp Realty has become the latest brokerage to offer its independent contractor

Sellers are far more likely to agree to a $300 credit, than replace 30 $10 items, so use saftey or failure of an expensive system as your guide.Most buyers and sellers understand that buying and

Home sales remain stubbornly low in the face of ongoing inventory shortages and high buyer demand, says Lawrence Yun, chief economist for the National Association of REALTORS®. Yun says the

The new tax code can be confusing but check for tax deductions or exemptions – like legal fees, escrow fees or other costs directly tied to the sale of your home.LAWTON, Okla. – You may

Economists and real estate agents are mixed about the impact thenext recession will have on housing The last recession saw housing prices plummet and foreclosures boom. As more and more

Low mortgage rates are fueling more favorable opinions on home buying. Nearly two-thirds of Americans—or 63%—believe now is a good time to buy a home, shows the National Association of

WALTON COUNTY, Fla. (WJHG/WECP) - The numbers are in for Walton County tourism.This June and July, tourism officials say Walton County saw steady growth in tourism, about three percent.But in the

AMAZING VIEWS OF THE GULF OF MEXICO!In all of Crystal Beach there is no better view of the Gulf of Mexico and Henderson State Park. You have to see it to appreciate how amazing this property is,

Realtor.com calculated how many pumpkin spice lattes you would needto skip to save up for a down paymentYou’ve heard the gripe about millennials and their spending before.If only they cut back

With 3 bedrooms and 2 bathrooms, the new home dwarfs the tiny homes Amazon began selling earlier this year.Months after a $7,000, do-it-yourself tiny home sold out within hours, Amazon is now

Excluding the Great Recession, a study of 1,039 state-level recessions since 1997 found that home values appreciated at the same rate they did in other times.NEW YORK – Other than the housing

Yield curves predicting recessions did so historically and will again at the end of Fed overshoots. The Fed has done no such thing this time.by Lou Barnes August 19, 2019The current situation is

August 7, 2019Overall, the majority of contracts continue to be settled on time. Seventy-six percent of contracts made it to closing as scheduled from April to June, according to the REALTORS®

There’s no doubt that today’s housing market is changing, and everything we see right now indicates it is time to sell. Here’s a look at why selling now is likely to drive the

Whether you’ve owned a home before, or you’re ready to jump into homeownership for the first time, there are always a lot of questions swirling around about what is truly required for a

Ingredients:For rim:kosher saltgranulated sugarZest of 1 limeLime wedgeFor the Margarita:4 c. chopped watermelon1/4 c.lime juice1/2 c. silver tequila1/8 c. raw, unfiltered honeywatermelon slices,

Very few home inspections ever come back completely clear. Indeed, 86% of buyers who recently had a home inspected said their inspector identified at least one problem, according to a new survey