International buyers purchased 107,000 residential properties from April 2020 through March 2021, marking a 31% decline from the 154,000 residences bought the previous year.
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As real estate brokers, we need to understand our hyperlocal market, and there are ways that you can slice and dice the data so that you can provide the real picture for your clients in a very clear and concise way.
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At the same time, the median existing-home price for all housing types in May was up 23.4% on an annual basis, as every region in the country registered price increases.
The post Existing-home sales reverse four-month decline in June appeared first on Atlanta Agent Magazine.
The department determined that the settlement would not do enough to protect its ability to investigate other conduct by the association affecting competition in the real estate market.
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“May’s strong increase in transactions — following April’s decline, as well as a sudden erosion in home affordability — was indeed a surprise. The housing market is attracting buyers due to the decline in mortgage rates, which fell below 3%, and from an uptick in listings.” — NAR chief economist Lawrence Yun
The post NAR: May pending-home sales jump unexpectedly appeared first on Atlanta Agent Magazine.
In light of the increasing number of natural disasters in recent years, the foundation commemorated its 20th anniversary by launching Hope Rising, “a campaign designed to ensure the foundation can respond to disasters as quickly and effectively as possible.”
The post Realtors Relief Foundation launches 20th anniversary campaign appeared first on Atlanta Agent Magazine.
Denying a mortgage to a woman because she is on or plans to be on maternity leave is against the law, but some lenders are accused of doing just that.
The post Lenders accused of maternity-leave discrimination appeared first on Atlanta Agent Magazine.
The shortage of housing in America is more “dire” than previously expected, and the NAR’s new report puts pressure on lawmakers to provide additional public funding and policy incentives to fix this massive underbuilding gap.
The post NAR: U.S. housing market is short 5.5 million homes appeared first on Atlanta Agent Magazine.
The median existing-home price for all housing types rose to $350,300 in May, marking another new record.
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We are all working harder these days, but are we working smarter?
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