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Real estate news in Atlanta
The rise in equity could help stave off foreclosures because homeowners can tap into that equity and sell their home, unlike during the 2008 financial crisis when many homeowners found themselves underwater in their mortgage, according to CoreLogic.
Experts at Builder Magazine recently came out with their Local Leaders list for 2020, which ranks the country’s 50 largest new-home markets based on closings by the end of the year.
The startup that allows buyers to make cash offers on homes while trying to secure a mortgage is expanding to new markets while growing existing ones.
Rising property values had homeowners cashing out of their existing residences to buy bigger homes in less-expensive areas last year.
Active listings for single-family homes dropped for the first time from April to May.
Pierce County led the way with a 61% increase in single-family permits.
Researchers find a mid-week sweet spot for listing a home for sale.
Sellers keep winning, while the pandemic and a strong economy are redefining long-held notions about metro Seattle’s real estate market.
Home-price growth remained in double digits for the 10th straight month in May as inventory lows pushed the median listing prices up 15.2% from last year.
Housing records continue to be broken, but despite the strong numbers, data could indicate homebuyer demand is reaching a peak.
The most expensive markets continued to experience double-digit growth in the first quarter, including Seattle.
Residential property equity continued to grow in the first quarter of 2021, with one in three homes considered equity rich.
These included 79% of the offers in Seattle, a bump from the 74.8% rate this past March and a leap from the 50% rate in April 2020.
Last month’s uptick in new listings is sure to be a welcome sign for Seattle homebuyers — and their battle-weary real estate agents. But April housing statistics released by Northwest Multiple Listing Service (MLS) show that sellers still won’t see their homes remain on the market for very long.
A new study by WalletHub tells why Seattle is the best city in the country for agents.
The housing market hit records last month as home prices reached an all-time high and homes sold faster than ever.
