Houses, not condos, are driving renewed homebuyer interest in cities. Price per square foot for single-family homes inside city limits rose 16% year over year, compared with a 14% increase for single-family homes in greater metro areas and a 4% increase for city condos. The median home-sale price in urban areas nationwide rose 15.9% year […]
Despite the fact that the coronavirus-driven recession disproportionately impacted women in 2020, single women purchased 9% more homes in the fourth quarter than a year ago, compared with a 4.5% uptick for single men. Single women purchased 8.7% more homes in the fourth quarter of 2020 than a year earlier. That’s a larger increase than […]
Record-low mortgage rates and remote work during the pandemic are driving scores of Americans to buy bigger homes in more affordable places, but those same factors are fueling fierce bidding wars, skyrocketing prices and an intensifying housing shortage. March 11, 2021 marks one year since the World Health Organization declared Covid-19 a pandemic. The coronavirus […]
Competition in the housing market is fierce. Here are nine unique strategies to help homebuyers win that don’t require paying all cash or waiving contingencies. Today’s housing market is one of the most competitive in history. Remote work and record-low mortgage rates are prompting scores of Americans to relocate and purchase homes. The problem is […]