In 2020, I wrote a quick overview of the U.S. real estate market with charts to show how the pandemic was affecting the housing market. Now that a few years have passed, it's time to update these charts. The monthly supply of existing homes measures the number of months it would take to sell all the homes on the market at the current sales pace. They are trending significantly higher from the lows of late 2021/early 2022. This is good news for a healthy housing market. The pandemic has created a surge in demand for housing, leading to a mini-boom…
Author: Private Lending Agent
Will Zalatoris' participation in the 2024 Rocket Mortgage Classic came to an end when he withdrew from the competition on Saturday. A hip injury was cited as the reason for Zalatoris' withdrawal. Naturally, this left many questioning whether the injury was serious, as the 27-year-old has suffered similar injuries before. Zalatoris' manager, Allen Hobbs, said the injury may not be that serious. In a statement released after the player's withdrawal, Hobbs said Will Zalatoris' withdrawal from the 2024 Rocket Mortgage Classic was a precautionary measure. Hobbs said it was important for Zalatoris to listen to his body and get some…
Author: Nick Dimengo June 30, 2024 The prize purse for the Rocket Mortgage Classic has increased from $8.8 million to $9.2 million this year. Who will take home the top prize? Getty Images The third round of the 2024 Rocket Mortgage Classic was a wild one. Due to unfortunate weather conditions, golf fans had to wait for players to tee off after a brief rain delay, but once the action got going it was hilarious. Amateur Luke Clanton had the lowest score on Saturday, firing 65 to move into the top seven on the leaderboard. Other players had similarly low…
Below is a list of all real estate transfers reported from June 10th to June 16th, 2024 in these New Jersey counties.NJ.com publishes weekly reports on recent property sales across the Garden State, top sales by county, and other real estate news from unique homes for sale to trends.See all homes sold in Atlantic County from June 10th to June 16thSee all homes sold in Bergen County from June 10th to June 16thSee all homes sold in Burlington County from June 10th to June 16thSee all homes sold in Camden County from June 10th to June 16thView all homes sold…
At 32, after living rent-free with my parents in the San Francisco Bay Area for 12 years, I was ready to move into a place of my own.I had $400,000 in savings and could have afforded to take the leap, but something was holding me back: an unstable income stream, wanderlust, and, most importantly, the financial benefits of settling down. That was until November 2023, when I visited a friend in his apartment in Fremont, California.Once inside, it felt like home. As fate would have it, as I was leaving I met a couple who were breaking their lease, my…
Some of the hottest real estate listings on Brownstoner this week include a rowhouse in Bay Ridge, a townhouse in Brooklyn Heights and a freestanding home in Prospect Park South. Some of the hottest real estate listings on Brownstoner this week include a rowhouse in Bay Ridge, a townhouse in Brooklyn Heights and a freestanding home in Prospect Park South. Prospect Park South and Bay Ridge are popular this week, with others scattered throughout the borough and even Ulster County. The cheapest property on the list is a $475,000 home in Kingston, Ulster County, while the most expensive is a…
Author: Nick Dimengo June 30, 2024 Will Akshay Bhatia or Aaron Rai be able to beat the rest of the field and win the Rocket Mortgage Classic? Getty Images The final round of the 2024 Rocket Mortgage Classic will kick off at Detroit Golf Club on Sunday, June 30. Here's everything you need to know to watch Sunday's final round, including Sunday's TV coverage, streaming info, tee times and more. How to watch Sunday's Rocket Mortgage Classic The 2024 Rocket Mortgage Classic is set to be an entertaining tournament with 13 players within four strokes of the top of the…
PRO Real Estate Investment Trust (CVE:PRV.UN – Get Free Report) shares rose 0.4% in midday trading on Friday. The stock traded as high as C$2.30 and closed at C$2.30. Approximately 80,531 shares were traded during trading, down 22% from the average daily trading volume of 103,855 shares. The stock had previously closed at C$2.29. What Wall Street analysts are saying Numerous brokerages have issued reports on PRV.UN. TD Securities increased their price target on PRO Real Estate Investment Trust from C$4.75 to C$5.50 and gave the company a “hold” rating in a research note on Friday, March 22nd. National Bankshares…
IQ CBRE NextGen Real Estate ETF (NYSEARCA:ROOF – Get Free Report ) rose 1.2% in midday trading on Friday. The company's shares traded as high as $19.08 and last traded at $19.08. Approximately 1,022 shares were traded during midday trading, down 87% from the average daily trading volume of 7,908 shares. The stock had previously closed at $18.85. IQ CBRE NextGen Real Estate ETF shares up 1.2% The company's 50-day simple moving average is $18.96 and its 200-day simple moving average is $19.34. The company has a market cap of $141.19 million, a P/E ratio of 25.25 and a beta…
A recent survey found that most successful homebuyers aren't deterred by interest rates, but high interest rates are the biggest concern for those who have put off buying.Key Point:A Bright MLS survey of member agents found that over 68% of agents have buyer clients who have stopped searching for a home. These buyers were frustrated by multiple offers, high prices and high interest rates. Sellers are generally happy with the price they were offered, but many are willing to make concessions.Summer is typically the peak season for home sales, but with prices continuing to reach record highs and mortgage rates…