Americans’ confidence took two steps forward (June and July) and one step back. Higher prices had an impact along with less certainty about the job market.
In June 2023, home prices were the same year-to-year – no increase or decrease – but they rose almost 1% in a month-to-month comparison.
Zillow removed information as soon as it was discovered, but the former president’s home was listed at $422M ($24M value) for its 6K square feet (actually 62.5K).
The death of in-person shopping has been exaggerated. A drop in construction around 2009 coupled with post-pandemic demand lowered available space to 4.8%.
Builders have turned their sights to buyers of moderate means, and house size reflects that change. Fewer now have dining rooms, bathtubs and/or family rooms.
How strong will Idalia be? Where will it come ashore? What happens to ongoing transactions? Individuals, businesses and associations need to prepare now.
An RE website with tons of local information rises to the top in search engine rankings (SEO). To do that, link to individual web pages via a local-directory page.
Most local Realtor associations (74%) have less than 2,000 members, and 2 out of 5 (38%) allow non-Realtor MLS participation. Their top non-dues revenue? Late fees.
Common disaster-related purchases are tax-free through Sept. 8 as Fla. heads into its most active month for hurricanes and four storms drift in the Atlantic.
Buyers get used to mortgage rates and incorporate them into decisions, but increases/decreases make them wonder if they should move quickly or hope they come back down.
