New Home Sales Down 18.2% Year-Over-Year
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The U.S. Government is reporting that sales of new single-family houses in February, 2021 were at a seasonally adjusted annual rate of 775k which is 18.2% lower than January’s revised rate and is 8.2% higher than one year ago.
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read more.
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Couple Buys Dream Home, Seller Refuses to Move out Due to Eviction Moratorium
A couple in California who cash-purchased their dream home, suddenly got a rude awakening when the seller refused to leave, citing the coronavirus eviction moratorium. According to FoxBusiness, it has been over a year and the couple still cannot gain possession of the property. Click here to read more.
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Metros with the Most Big Homes For Sale
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Realtor.com says bigger is now definitively better again when it comes to houses. With that in mind they set out to discover the metro areas with the largest homes (4k sq. ft. and up) for sale. They say buyers seem desperate for more space, a dedicated home office(s), home gym, and maybe an extra bedroom or three. Click here to read more.
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Zumper’s National Rent Report for April ’21
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Rental information site Zumper recently released their National Rent Report for April, 2021 showing that their median national rent for 1-bedroom apartments was $1,248 (up 0.6%) and the median two-bedroom rent was $1,514 (down 0.8%).
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What’s Next in the Residential Build-to-Rent Market?
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What is next in the residential build-to-rent market? A recent interview article on Builder.com discusses how the build-to-rent asset class is one of the fastest growing in residential real estate. Click here to read more.
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States with an Estate or Inheritance Tax
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We have already had a few posts this year about changes to the tax laws as well as information about sales taxes. And with that in mind, the old axiom about the two certainties in life, death & taxes, is the topic for today.
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read more.
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4 Benefits of Buying a House Using Traditional Financing
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When you’re purchasing a home, whether it’s your first or your third, you’ll likely have to consider various financing options. It doesn’t matter what stage of life you’re in. Very few people can afford to pay for a home in cash. That’s why having the opportunity to finance a home is vital to the real estate industry. It ensures
that hard working Americans are able to own their homes, even if it means temporarily taking on debt to achieve that. Click here to read more.
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Happy Easter!
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Infographic: Sunday, April 4th is Easter…Each year it falls on the first Sunday following the full moon after the vernal equinox. The date fluctuates each year between March 22 and April 25. Today’s infographic takes a look at “Easter by the Numbers” all the way from the resurrection of Jesus Christ to the number of chocolate
Easter bunnies consumed annually. Click here to read more.
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