Tag Archives: Real Estate
California home to six of nation’s most valuable housing markets
Source: Zillow The total value of U.S. housing rose more than $2.6 trillion in the past year to just under $52 trillion – up $1.1 trillion from housing’s previous value peak of June 2022, and six California markets were at the top of the...
Read More ›New home sales fall amid high mortgage rates
Source: Market Watch Sales of newly built homes in the U.S. fell in August as interest rates and home prices stayed elevated, dampening buyer demand. U.S. new-home sales fell 8.7% to an annual rate of 675,000 in August, from a revised 739,000...
Read More ›2021 Study: How Much Value Do Granny Flats and other Accessory...
Source: Porch Research Key Findings There are an estimated 1.5 million Accessory Dwelling Units (ADUs) in the United States, making up roughly 2% of all homes in the country ADUs are growing at a rate of 9%, or 100,000 per year An...
Read More ›Housing market boom may tempt sellers to overprice
Source: Homelight It’s a seller’s market and homeowners are holding firm on the price. More than half of about 1,000 real estate professionals recently surveyed believe the biggest challenge that home sellers will face in 2021 is the...
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