Here are a few real estate-related stories and news pieces that came across my screen this week…
- from Freddie Mac: Mortgage Rates Increase to Three Percent
- from CNBC: Homebuyers are applying for ever bigger mortgages as home prices soar
- from Marketplace: As home prices rise, so does mortgage debt
- from the National Association of REALTORS®: Existing-Home Sales
- from The Wall Street Journal: Real-Estate Frenzy Overwhelms Small-Town America: ‘I Came Home Crying’
- from Realtor.com®: Great Expectations: Realtor.com® Survey Shows 29 Percent of Sellers Will Ask for More Than They Think Their Home is Worth — Nearly a quarter expect to get more than their asking price
- from Realtor.com®: Money Talks in These 10 Metros Where All-Cash Buyers Are Scooping Up Homes [ed. note: Reno, NV tops the list]
- from Redfin: Almost Three-Quarters of Home Offers Written By Redfin Agents Faced Bidding Wars In April
- from The Wall Street Journal: Buying a Home? Don’t Lose Your Head in a Crazy Market. Some questions to consider if you are thinking of going beyond your original budget to buy a home
- from the Orlando Sentinel: Florida Realtors file lawsuit seeking end to CDC eviction moratorium
- from ATTOM Data Solutions: Median Prices Increase Annually During First Quarter of 2021 in 75 Percent of Opportunity Zones
- from the National Association of Home Builders: Record-High Prices on All Building Materials Threaten Housing Affordability
- from the National Association of Home Builders: Construction Cools as Costs Climb
- from Bankrate.com: The other housing shortage: Appliances and furniture