Baby Boomers Plan Moves Wealthy baby boomers are increasingly buying properties in the same housing developments as their friends, even if it means moving hundreds of miles away from the place where they first met, real estate pros tell The Wall Street Journal. Groups of empty nesters are looking to create communities and preserve or …
Tag: News
Apr 13
Where Termites Tend to Be the Worst
Where Termites Tend to Be the Worst Watch out in Miami, Los Angeles, and Tampa, Fla.: These places can be hotbeds for termites, according to Orkin’s 2021 Top 50 Termite Cities List. Orkin, a national pest control company, reports an uptick in termite treatments across the country over the past year. “With people spending more …
Apr 13
Emerging Real Estate Trends
Emerging Real Estate Trends The COVID-19 pandemic has caused a mass disruption to the way people live and work and prompted sweeping economic fallout felt throughout the world. Global leaders are still coming to grips with the long-term impact to the real estate industry. COVID-19 has accelerated many existing trends, including digitalization, dispersed working, and …
Apr 12
Property Taxes Jumped 5.4% in 2020
Property Taxes Jumped 5.4% in 2020 Homeowners may notice an increase in their property tax bills. Municipalities levied about $323 billion in property taxes on single-family homes in 2020, a 5.4% increase compared to 2019, according to ATTOM Data Solutions’ newest property tax analysis for nearly 87 million single-family homes in the U.S. The …
Apr 12
Competitive Housing Markets
Competitive Housing Markets Competition is fierce among house hunters. For buyers in San Jose, Calif., San Francisco, and Raleigh, N.C., they should be ready to face the most competition in the nation, according to new research by LendingTree. LendingTree ranked the 50 largest metro areas in the U.S. based on the competitiveness of their …
Apr 08
Still Renting?
Still Renting? The leap from renter to owner is closer than you think! With the help of myself and John Coneys of Freedom Mortgage, (NMLS# 183853 – 610-322-4886) we might be able to turn that monthly rental check into your first home. #RealEstate #Realtor #HomePurchase #BuyersMarket #FreedomFast #BuyNotRent
Apr 08
Lenders Are Tightening Up on Mortgage Loans
Lenders Are Tightening Up on Mortgage Loans Beware: Your buyers could struggle to be approved for a home loan. As lenders tighten standards, home loan approval is becoming more difficult, The Wall Street Journal reports. The Mortgage Bankers Association reports that mortgage credit availability, which measures lenders’ willingness to approve mortgages, is at its lowest …
Apr 08
Where Housing Stock Is Aging
Where Housing Stock Is Aging The median age of the nation’s owner-occupied housing stock is 39 years. An area’s age of housing could be an important measurement for the real estate market. As Na Zhao, senior economist at the National Association of Home Builders, explains on the association’s Eye on Housing blog: “The age of …
Apr 07
Real Estate Pro Turns to TikTok to Sell
Real Estate Pro Turns to TikTok to Sell To get more exposure for a $5.3 million Santa Monica, Calif., listing, real estate pro Rochelle Maize is turning to TikTok to create buzz for her soon-to-be-listed property. During the month of April, TikTok influencers can apply via an online form to spend two hours filming in …
Apr 07
Farmland Is Now a Hot Commodity
Farmland Is Now a Hot Commodity Across the Midwest, farmland prices are rapidly climbing, fueled by a recent rally in grain markets and low interest rates, The Wall Street Journal reports. Prices are rising even higher than the previous farm boom about a decade ago. Farmland values increased during 2020 as higher grain prices …
Apr 07
Companies Mull Pet-Friendly Office Policies to Entice Workers Back
Pets have become trusted allies—and coworkers of sorts—to a growing number of remote workers during the pandemic. Now companies who are welcoming employees back to the office are realizing they may also need to invite workers’ furry friends. And that means building operators may need to ease restrictions to allow for more pet-friendly workspaces. Fifty …
Apr 02
Hot Desks, Zoom Rooms, Even Holograms Could Transform Workspaces
Hot Desks, Zoom Rooms, Even Holograms Could Transform Workspaces Companies are making changes to protect workers from COVID-19 as they prepare for a return to the office. But beyond more attention to cleaning protocols and added divisions for social distance, companies also are considering additions, such as new tools for remote workers. More than 80% …
