RealEstate

Jul
10
2021
0 Comments
By Troy Warren
Housing Market Update: New Listings of Homes For Sale Surpass 2019 Levels

Housing Market Update: New Listings of Homes For Sale Surpass 2019 Levels

In The News, Real Estate,
by Tim Ellis and Taylor Marr | RedFin.Com Troy Warren for CNT Even though more homes are hitting the market, homebuyers appear to have tapped out of the market as pending sales continued to slip. Sellers are coming back to the housing market. The number of homes newly listed for sale surpassed 2019 levels for the first time since the start of the year during the four weeks ending July 4. Despite a long-awaited increase in the supply of homes for sale, homebuying demand continued to slip, leaving the market feeling a few degrees cooler. Pending sales posted their smallest year-over-year increase in…
Read More
Jul
10
2021
0 Comments
By Troy Warren
Why Atlanta is one of the hottest housing markets for millennials

Why Atlanta is one of the hottest housing markets for millennials

Home & Garden, Real Estate, ,
By Kiersten Willis, The Atlanta Journal-Constitution Troy Warren for CNT Millennials are giving up renting and getting into homeownership. Apartment List’s Homeownership report shows that millennial homeownership has increased from 40% to 47.9% in three years. “Although it’s taking them longer than their elders, millennials are buying homes in droves,” according to Forbes. “Their preference for technology has changed both the way people shop for homes and mortgages and the job of the realtor. This shift could lead to a more streamlined home buying process altogether. Millennials’ patience and preference for larger, updated homes have likely led to an increase in suburban movement.”…
Read More
Jul
06
2021
0 Comments
By Troy Warren
3 things you can do to buy a home in a seller’s market

3 things you can do to buy a home in a seller’s market

Home & Garden, Real Estate, ,
By Kiersten Willis, The Atlanta Journal-Constitution Troy Warren for CNT If you’re in the market for a new home, you may have noticed that the odds aren’t exactly in your favor when it comes to securing your new dwelling. That’s because we are in a seller’s market. According to Redfin, that “occurs when demand exceeds supply, or there are more buyers seeking to purchase homes than there are available homes on the market.” Many times, multiple buyers are interested in one home, and bidding wars ensue. Sellers often have the advantage in this market, but just because they have the upper…
Read More
Jun
27
2021
0 Comments
By Troy Warren
Phoenix area’s median home price set to hit a record $400,000 in June

Phoenix area’s median home price set to hit a record $400,000 in June

Real Estate, ,
Catherine Reagor | Arizona Republic Troy Warren for CNT   Metro Phoenix’s median home price is poised to hit a record $400,000 in June, up almost $100,000 from a year ago. It’s become a bit of a broken record to report Valley home price records each month, particularly for buyers. But that’s the price forecast based on pending sales from the Arizona Regional Multiple Listing Service. The real estate agent group has been right on or within a few thousand dollars monthly for prices during the housing market’s wild ride since last summer. Out-of-state and second-home buyers, as well as investors, are all…
Read More
Jun
22
2021
0 Comments
By Troy Warren
Is the Housing Market Going to Crash in 2021?

Is the Housing Market Going to Crash in 2021?

Home & Garden, Real Estate,
By Mia Taylor | BHG.Com Troy Warren for CNT The housing market is red-hot right now, but if you're waiting for a massive market correction, don't count on it. Real estate industry experts weigh in with predictions for home buying and selling trends. It's hardly a secret that real estate prices across the country have been skyrocketing. Recent data from Redfin, a real estate brokerage, shows that median home prices are up 20% year-over-year. At the same time, many properties are under contract for purchase within a mere one to two weeks of hitting the market and it's not unusual for prospective buyers to…
Read More