Realtor com® Housing Report: Homes Sell Faster Than Ever as Sellers Return to the Market in April prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.
To determine the optimum time to list, realtor.com
® looked at competition from other sellers, median listing prices, time it takes to sell, likelihood of price reductions and interest from buyers measured by views per property on realtor.com
®. Because of COVID s disruption to the market in 2020, the analysis included 2018-2019 listing data. Unlike 2020 when COVID upended the spring home-buying season and pushed buyer interest to later in the year, this year s housing market is following more typical seasonal trends, said
® Chief Economist Danielle Hale. With half as many homes available for sale this year than last, sellers are well positioned for a quick sale at top dollar. However, for most sellers listing sooner rather than later could really pay off with less competition from other sellers and potentially a higher sale price. They ll also avoid some big unknowns lurking later in the year, namely another possible surge in COVID cases, rising interest rates and the p
Rents Grow Faster for the First Time in Eight Months
Declines persist in the nation s tech hubs with rents down 14% from last year in Silicon Valley
News provided by
Share this article
Share this article
SANTA CLARA, Calif., April 13, 2021 /PRNewswire/ After eight months of consistent slowdowns, rent growth in the nation s largest housing markets saw its first uptick in March, rising 1.1% year-over-year, according to the
® Monthly Rental Report released today. Despite the improvement, the rental markets in pricey high-tech hubs like San Jose, San Francisco and Seattle continue to struggle, creating opportunities for renters.
In March, the U.S. median rent, which is calculated by averaging the median rent of the 50 largest metros, averaged $1,463, a 1.1% increase from a year ago. Over the course of the past eight months, rent growth had slowed from 2.2% in July 2020 to just 0.6% in February.
Share this article
Share this article
SANTA CLARA, Calif., April 8, 2021 /PRNewswire/ First-time buyers looking for an affordable home as well as job opportunities and quality of life may have to bypass major urban cities for more rural, secondary cities as the competition heats up for finding a home. In fact, they will have the best luck in Bloomington, Ill., according to realtor.com
® s 2021
With four of the top 10 markets, the Midwest ranks as the best region of the country for first-time home buyers, who according to the National Association of Realtors
®, account for nearly one-third of recent buyers. Iowa City, Iowa, ranked No. 2 in this analysis followed by Kalamazoo, Mich.; Great Falls, Mont.; Eau Claire, Wis.; Savannah, Ga.; Schenectady, N.Y.; Taylorville, Utah; Harrisonburg, Va. and Rapid City, S.D.
As House Prices Hit New Highs, Visit the PKB Open House etftrends.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from etftrends.com Daily Mail and Mail on Sunday newspapers.