A Wave Of Buyer’s Remorse Is Taking Shape
A Wave Of Buyer’s Remorse Is Taking Shape
A report from Fox Business. “‘We are starting to see more and more potential buyers walk away and say they just can’t afford to pay these prices,’ National Association of Home Builders Chairman Jerry Konter, a builder and developer from…
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A report from Fox Business. “‘We are starting to see more and more potential buyers walk away and say they just can’t afford to pay these prices,’ National Association of Home Builders Chairman Jerry Konter, a builder and developer from…
A report from Fox Business. “‘We are starting to see more and more potential buyers walk away and say they just can’t afford to pay these prices,’ National Association of Home Builders Chairman Jerry Konter, a builder and developer from…
Following Bankrate and YouGov survey in 2021, buyers can be set to purchase a home that is beyond their budgets due to a competitive real estate market! They found that recent home buyers, including 64% of millennials, had regrets about their home purchase, and the main reason was they were not prepared for homeownership-related expenses. It is obvious that in every home there will always be something to fix, so the rule of thumb is to put aside a budget for potential maintenance. According t...
Following Bankrate and YouGov survey in 2021, buyers can be set to purchase a home that is beyond their budgets due to a competitive real estate market! They found that recent home buyers, including 64% of millennials, had regrets about their home purchase, and the main reason was they were not prepared for homeownership-related expenses. It is obvious that in every home there will always be something to fix, so the rule of thumb is to put aside a budget for potential maintenance. According t...
As rates moved up from the lows seen at the end of May, we viewed it as the confirmation of the broader sideways momentum that we hoped would replace the pervasive upward momentum that had been in place for most of 2022. As rates moved down from the long-term highs that followed the CPI scare and Fed adjustment, we knew we'd be looking to flesh out the boundaries of that range. We're already seeing the first candidate based on selling pressure from Friday and now this morning. That sellin...
As rates moved up from the lows seen at the end of May, we viewed it as the confirmation of the broader sideways momentum that we hoped would replace the pervasive upward momentum that had been in place for most of 2022. As rates moved down from the long-term highs that followed the CPI scare and Fed adjustment, we knew we'd be looking to flesh out the boundaries of that range. We're already seeing the first candidate based on selling pressure from Friday and now this morning. That sellin...
The hot real estate market has its pros and cons. In 2021, the average home price grew by 20%. Far above the norm. For those who already own real estate, that’s great news. For those looking to buy? It could be a big opportunity as well as a big challenge.
The hot real estate market has its pros and cons. In 2021, the average home price grew by 20%. Far above the norm. For those who already own real estate, that’s great news. For those looking to buy? It could be a big opportunity as well as a big challenge.
About 45% of U.S. homebuyers in 2022 said they sometimes or often regret their home purchases, up from 20% before the Covid-19 pandemic.
About 45% of U.S. homebuyers in 2022 said they sometimes or often regret their home purchases, up from 20% before the Covid-19 pandemic.
Apple, Amazon, Facebook, Brandywine Realty and Kilroy Realty are some of the names that are changing North Austin's skyline. On the heels of ABJ's North Austin Growth Summit, we present to you some of the most impactful projects on the board in this region.
Apple, Amazon, Facebook, Brandywine Realty and Kilroy Realty are some of the names that are changing North Austin's skyline. On the heels of ABJ's North Austin Growth Summit, we present to you some of the most impactful projects on the board in this region.
A report from WHIO TV in Ohio. “The housing market has seen a significant surge during the pandemic, but now it’s beginning to slow down. Rhonda Chambal, President of Irongate Realtors, said, ‘I actually have a brother-in-law who is an agent in Phoenix. He calls me and tells me what the trends are there. It seems like their market in the past month has hit a screeching halt.’ In Dayton, it’s considered to be at a normal market given factors like average salary. ‘Right now, it’...
A report from WHIO TV in Ohio. “The housing market has seen a significant surge during the pandemic, but now it’s beginning to slow down. Rhonda Chambal, President of Irongate Realtors, said, ‘I actually have a brother-in-law who is an agent in Phoenix. He calls me and tells me what the trends are there. It seems like their market in the past month has hit a screeching halt.’ In Dayton, it’s considered to be at a normal market given factors like average salary. ‘Right now, it’...
It’s no secret that the US seems to be shifting over to a buyer’s market. News of rising interest rates, decreasing home prices, and increasing inventory levels abound. Despite all of this, there are still many ways that buyers can take advantage of the current market conditions. For home buyers in Austin, this is especially true. The Austin market has been one of the hottest in the nation for the past few years, but it is now starting to show signs of cooling off. This means that buyers who...
It’s no secret that the US seems to be shifting over to a buyer’s market. News of rising interest rates, decreasing home prices, and increasing inventory levels abound. Despite all of this, there are still many ways that buyers can take advantage of the current market conditions. For home buyers in Austin, this is especially true. The Austin market has been one of the hottest in the nation for the past few years, but it is now starting to show signs of cooling off. This means that buyers who...
Here’s a look at the latest developments in the mortgage market this week. Rising (inventory) tides lift all ships For the past two years, homebuying has felt like a mad dash with seemingly endless waves of eager buyers rushing to submit offers and homes getting snatched off the market within hours of being listed. But there are indications that this sprint is shifting to a marathon. Today, the slow-and-steady mentality may serve you best. Buyers who can outlast and outsmart the competition...
Here’s a look at the latest developments in the mortgage market this week. Rising (inventory) tides lift all ships For the past two years, homebuying has felt like a mad dash with seemingly endless waves of eager buyers rushing to submit offers and homes getting snatched off the market within hours of being listed. But there are indications that this sprint is shifting to a marathon. Today, the slow-and-steady mentality may serve you best. Buyers who can outlast and outsmart the competition...