Remote work is changing the real estate landscape. Smaller, cheaper areas edged out bigger, pricier cities to become the nation’s hottest housing markets.
The post Remote Work, Affordability Driving the Hottest Markets for Real Estate, August 2021 appeared first on Real Estate News & Insights | realtor.com®.
Category: Coronavirus
Homebuyer Fatigue Hits the Housing Market as Prices Continue Soaring
With record-high prices and a housing shortage, many are suffering from homebuyer fatigue. Some are taking a break while others are leaving the market.
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Rental Prices Soar to New Heights as Pandemic Drags On
Rental prices are now soaring as landlords are raising rents while bidding wars and desperate tenants offering to pay extra are pushing prices even higher.
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Despite Sky-High Prices, Today’s Homebuyers Aren’t Paying More Than They Can Afford
Even with sky-high and still-rising prices, homebuyers aren’t overextending themselves like in the runup to the housing bust in the mid-2000s.
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The Best Week of the Year for Homebuyers To Purchase Property
Homebuyers have been faced with sky-high prices, epic bidding wars, and a historic inventory shortage. But if they wait a little longer, they may get an edge.
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Supreme Court Blocks Biden Administration’s New Eviction Moratorium
The court sided with landlords against a ban the government imposed this month despite questions about its legality.
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Homeowners To See Higher Property Taxes, Thanks to the Pandemic—Here’s What They Can Do
Property taxes are expected to keep rising as many communities that lost revenue during the COVID-19 pandemic are cashing in on higher home values.
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The Housing Market Continues To Cool. What Will This Fall Be Like?
This fall, it won’t just be the temperatures that cool down.The housing market is expected to continue slowing down, to something closer to normal.
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Future of the Exurbs: Will Prices in Outer Suburbs Stay High—or Fall?
Exurbs saw a lot of interest from home shoppers. However, the future of these farthest-out suburbs remains uncertain in a post-pandemic world.
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The Surprising Reason Why Home Price Growth Is Slowing Down
The wild, pandemic-driven home price growth is slowing—but numbers can be deceiving. Here’s what’s behind the softening in the housing market.
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