Single-family rents are surging, and investors are flooding the market

Demand for single-family rental homes is showing no sign of easing up, and that is pushing rents through the roof, especially for the highest-priced properties. As a result, investors are now flooding into the market again, after falling back a bit during the first year of the Covid pandemic. Nationally,...
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Southern California home prices hit record high despite slowing sales

Southern California’s housing frenzy continued to cool last month, with smaller price gains and less intense bidding wars. But buyers still competed for a limited supply of homes for sale, driving sky-high costs even higher. The median price of a Southern California home hit an all-time high of $688,500 in...

High Single-Family Rent Brings Investors Back Into the Market

Rental prices for single-family homes are surging month after month, with CNBC reporting a 9.3% increase in August caused by an uptick in demand for potential renters. High rent prices are also pushing investors back into the market in a hastened effort to buy and build more rental properties. For...

How Do You Solve Property Data’s Oldest and Biggest Challenge?

Real properties have a jumble of identifiers rather than a single standardized number that clearly defines each piece of property. Often, these overlapping and incomplete data sets of property information can result in a mess that takes hours to unravel before the property data is clean enough to use. This applies to if data is being used for understanding property vulnerability, to a natural hazard, how close it is to a power line, to a home or complying with regulations to build a pipeline.

Remote Work Fueling Marco Island Real Estate Market

American employees embracing the “work from anywhere” model boosted by the pandemic are flocking to Marco Island and its surrounding areas. Comparing September 2021 to September 2020, single family homes median sales price increased 61%, condos saw prices rise 41%, and lots median sale price rose a staggering 107%!. “The...

The State Where People Are Getting Rich On Their Homes

Home values have soared over the past year. In many markets, home prices have risen by double digits. The widely followed S&P Case-Shiller real estate index, which measures home prices in major metropolitan areas nationwide, showed home prices hit a record high annual gain of 19.7% in July.  Home price increases have been driven by […]

Rising rents push New Zealanders to buy

Signs of sharp rental growth acceleration across New Zealand is prompting many people to consider buying. That’s CoreLogic‘s belief, noting a re-emergence of first home buyers across the country. In the latest Market Pulse, CoreLogic Chief Property Economist Kelvin Davidson said the recent removal of interest deductibility has had a...

Q3 real estate market trends report

With fall winding down and winter on the horizon, the traditional seasonal market tempering is also following suit – if just a bit. Buying opportunities still remain and for those looking to make a move and sell, it’s still a good time. According to CoreLogic, the last 12 months have...

The Big Question: Should You Renovate or Move?

The last 18 months changed what many buyers are looking for in a home. Recently, the American Institute of Architects released their AIA Home Design Trends Survey results for Q3 2021. The survey reveals the following:. 69% of respondents want a home office (48% wanted multiple offices) If you’re a...

Home appraisals can’t keep up with rising prices

Appraisals cannot keep up with rising home prices as many properties continue to sell above list price — and potential homebuyers’ deals are falling through because of it. FOX Business' Grady Trimble spoke with Kathy Menighan Wilson, a Chicago-based senior broker associate, about what buyers and sellers can do to maintain a foothold in the market.