Published by REALTOR.com | January 16, 2025 Estimated insured losses from the Palisades and Eaton fires in Los Angeles currently range from $35 billion to $45 billion, said CoreLogic. The devastating fires in Los Angeles are on track to shatter prior records for total losses, according to a new analysis from CoreLogic. Estimated insured losses …
LA Wildfires May Hit $45B in Insured Losses, Shattering Records Read More »
Published by REALTOR.com | January 6, 2025 The U.S. housing market crawled to a standstill last year—and while the latest projections show that 2025 is expected to bring only limited relief to buyers and sellers, there is a glimmer of hope on the horizon. The year closed out with the strongest seasonal slump since January 2023. …
Published by REALTOR.com | December 17, 2024 Could your vote in the last presidential election affect your home’s value? Although it was not the primary focus, the authors of a study published last year in the Journal of Real Estate Research observed an intriguing historical trend: Counties that flipped their votes from the incumbent party …
Originally Published by REI Club With the older demographic accounting for a remarkable 16.8% of the U.S. population, or 55.8 million people in 2020, significant shifts await the real estate and financial sectors. The landscape of demographics is undergoing a profound transformation as the baby boomer generation approaches retirement age, a phenomenon often referred to …
How Will the Silver Tsunami Transform Our World? Read More »
Published by Think Realty | December 13, 2024 As real estate costs soar and wage growth lags, the need for affordable housing solutions is greater than ever Affordable housing has become one of the most pressing issues in many communities worldwide. As real estate costs soar and wage growth lags, the need for affordable housing …
Transform Affordable Housing Challenges Into Opportunities Read More »
Published by REALTOR.com | December 11, 2024 Younger Americans who bought homes during the COVID-19 pandemic could lead the way in sales next year, a survey has found Younger Americans who bought homes during the COVID-19 pandemic could account for a surprisingly large share of home sellers in the coming year, as boomers who have …
Published by REALTOR.com | November 29, 2024 Rental prices have fallen for the 15th straight month—so it makes more sense to rent instead of buy, right? Right now, it’s more affordable to rent than buy in all 50 of the major metro areas, according to the Realtor.com® October 2024 Rental Report. The median asking rent …
How Much More a Single-Family Home Costs To Buy Than Rent Read More »
Published by REALTOR.com | November 25, 2024 Baby boomers own 38% of the U.S. real estate and have record-high home equity. Is it time to cash out or stay put? Baby boomers hold a major advantage in the housing market, even as younger generations struggle to get their foot in the door. Right now, adults …
Boomers, Is It Time To Cash Out or Hold On to Your Home? Read More »
Published by Entrepreneur.com | November 12, 2024 Landlords can increase revenue without raising rent prices by minimizing tenant turnover, offering online rent payments for convenience, and adding reasonable fees. It may seem obvious, but raising rent and determining rent pricing strategically is an easy way to increase your rental revenue each month. However, setting the …
Published by Think Realty | November 16, 2024 As housing prices soar beyond reach for many Americans, incorporate these potential solutions to mitigate market pressures According to the National Association of Homebuyers, 77% of American households cannot afford a median-priced home. In 2024, the median is $495,750. A combination of high home prices, increasing interest …
The Housing Squeeze: Solutions for an Unaffordable Market Read More »
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