Last year was one for the real estate history books. The pandemic helped usher in a buying frenzy that caused home prices to soar nationwide by a record 19.9% between August 2020 and August 2021.1 However, there were signs in the fourth quarter that the red-hot housing market was beginning to simmer down. In the […]
Articles about Real Estate
Real Estate
Real estate is "property consisting of land and the buildings on it, along with its natural resources such as crops, minerals or water; immovable property of this nature; an interest vested in this (also) an item of real property, (more generally) buildings or housing in general.
Residential real estate
Residential real estate may contain either a single-family or multifamily structure that is available for occupation or for non-business purposes.
Residences can be classified by and how they are connected to neighboring residences and land. Different types of housing tenure can be used for the same physical type. For example, connected residences might be owned by a single entity and leased out, or owned separately with an agreement covering the relationship between units and common areas and concerns.
Is the Housing Market Cooling? It Could Be Good News for Buyers!
The housing market in California has been red hot since last July (2020) with home sales for the first half of 2021 surging above last year by 34 percent. Home prices, meanwhile, continue to climb with the statewide median price-setting record a high of $811,170. However, statewide median price dipped from the record high in […]
9 Tips for Buying and Selling Your Home at the Same Time
Selling your home when you still need to shop for a new one can feel daunting to even the most seasoned homeowner––especially when the demand for new homes keeps rising, but the supply feels like it’s dwindling.¹ You’re not alone either if you’re already feeling drained by the complex logistics of trying to sell and […]
Where is the Real Estate Market Really Headed? 5 Factors That Reveal All
It’s the old supply-and-demand predicament: Home sales in the U.S. continue at a torrid pace, but the availability of listings remains limited. Buoyed by historically low mortgage rates, buyers keep shopping for homes, reducing the available inventory and sparking a rise in home prices across the country. News website The Atlantic summarized the sizzling home […]
Watch out! Home Sellers May Be Secretly Recording You!
According to a recent survey by LendingTree, 3 in 10 home sellers say they’ve used hidden cameras during a home tour or property showing. Wait. What? Yes, you read that right. You might be being recorded when you are viewing properties to buy. According to businessinsider.com, the survey polled just over 2,000 US consumers, of […]
How to Bridge the Appraisal Gap in Today’s Real Estate Market
If you’re searching for drama, don’t limit yourself to Netflix. Instead, tune in to the real estate market, where the competition among buyers has never been fiercer. And with homes selling for record highs,1 the appraisal process—historically a standard part of a home purchase—is receiving more attention than ever. That’s because some sellers are finding […]
The Great (New) Real Estate Migration
Wagons Ho! People move. That’s nothing new. Young families leave expensive urban rental markets and move to more affordable suburbs where they are able to purchase a house. Retirees move from California to states where the tax rates are lower, the cost of living is lower, and where they can comfortably enjoy their senior years […]
