APRIL 27, 2022 Home Prices Continue to Rise 20-city price index: A 20.2% year-over-year gain in Feb; up from 18.9% in Jan. Tampa and Miami were in top 3 cities for highest rate of home-price growth. NEW YORK – The S&P CoreLogic Case-Shiller 20-city price index posted a 20.2% year-over-year gain in February, up from

The median worker earned about $50K, and the average home made about $52.6K last year, according to Zillow’s home value index. NEW YORK – Zillow Group’s home value index climbed 19.6% in 2021 to $321,634 – a $52,667 year-on-year gain. That’s more than the median U.S. full-time worker earned for the 12 months – about

What Do Real Estate Brokers Expect this Spring? By Kerry Smith A panel of brokers from across the country shared views on market changes and their expectations. For one, this spring season won’t be a usual one. MADISON, N.J. – A recent roundtable discussion with several Better Homes and Gardens Real Estate (BHGRE) brokers across

MARCH 8, 2022 By Jennifer Warner Florida Realtors economist: Low interest rates made monthly mortgage payments cheaper, but home price appreciation may be washing out the impact. ORLANDO, Fla. – As we wrote in early 2021 when mortgage rates hovered around 3% for the first time in recorded history, low interest rates reduced the cost

UPDATED ON MARCH 7, 2022 How using market research, and not just comps, can help Realtors understand trends and help clients make savvy decisions. WHEN TO USE MARKET STATS INSTEAD OF COMPS You know the ins and outs of comps, but how do they compare to market statistics, and when should you look to one

By Terry Collins 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 family had to act fast. The contractor for the U.S. Marine Corps and his wife, Brandi, were frantically trying to

FEBRUARY 10, 2022 Share this article: FacebookTwitterLinkedInPrintShare Jan. Foreclosures: Up Dramatically, Low Historically By Kerry Smith ATTOM’s Jan. report finds foreclosures up 29% month-to-month and 139% year-to-year. But the eviction ban skewed numbers, and “normal” is expected in late 2022. IRVINE, Calif. – ATTOM released its January 2022 U.S. Foreclosure Market Report, which finds 23,204 U.S.

FEBRUARY 10, 2022 Share this article: FacebookTwitterLinkedInPrintShare Some Realtors’ Marketing Technique: Brutal Honesty In videos for out-of-state buyers, some Realtors point out flaws upfront. They say it sets realistic expectations, lowers buyer’s remorse and creates customer trust. NEW YORK – More and more Realtors are beginning to voice blunt opinions on their YouTube videos about potential

Big Rent Increases Convince More People to Buy More renters are wondering: “What happens next year if my rent went up $200 this year? And what do I have to show for this lost money anyway? NEW YORK – More renters are making moves toward homeownership quickly, pressured by rising mortgage rates on the buying

Fed Says It May Raise Interest Rates in March By Christopher Rugaber In the face of persistent inflation, the Fed announced Wed. it would soon raise interest rates. That’s likely to push all types of credit rates – including mortgages – higher. WASHINGTON (AP) – The Federal Reserve signaled Wednesday that it plans to begin