REI INK

Florida’s Housing Market: Inventory, Median Prices Higher in November

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Florida’s housing market reported more inventory (active listings) and higher median prices in November compared to a year ago, though inflation and interest rates above 6% continued to influence buyer demand, according to Florida Realtors®‘ latest housing data. Closed sales of single-family homes statewide last month totaled 17,009, down 38.2% year-over-year, while existing condo-townhouse sales totaled 7,084, down 38.9% from November 2021, according to data from Florida Realtors Research Department in partnership

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UNIN 27 | Real Estate Investment

How to Fast Track your Financial Success with Casey Quinn

  As Co-Founder and CEO of CityLife Realty Group, a real estate investment company located in Pittsburgh, Pennsylvania, Casey Quinn is not your average real estate investor. In his chat with host Tim Herriage, shares the strategies and methods that fast-tracked his financial success in real estate investing. He emphasizes the value of having a team and highlights the importance of chasing happiness, whatever that may mean for each individual

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3 in 100 Pandemic Homebuyers Would Fall Underwater With Next Year’s Projected 4% Home-Price Decline

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Recent homebuyers in certain places, like Sacramento and Phoenix, are at higher risk of falling underwater on their mortgage, while Florida homeowners are at even lower risk Only 3.4% of U.S. homeowners who bought in the last two years would be underwater on their mortgage if home values were to fall 4% by the end of 2023, according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. The typical

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Home buyers see first signs of affordability relief in months

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Affordability remains the biggest challenge facing home buyers today, but this small step forward is a welcome sight After months of watching the cost of a new mortgage rise higher and higher, home buyers finally saw some relief in November. A combination of declining home values and lower mortgage rates brought the monthly mortgage payment on a typical U.S. home down by about $100, according to the latest Zillow® Market Report. Still,

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Home Flipping Declines Again across the U.S. During Q3 as Investor Profits Hit 13-Year Low

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Nationwide Home-Flipping Rate Drops for Second Straight Quarter; Typical Profit Margins on Flips Hit Lowest Point in 13 Years; Gross Profits on Home Flips Plummet at Fastest Pace Since 2009 ATTOM, a leading curator of real estate data nationwide for land and property data, released its third-quarter 2022 U.S. Home Flipping Report showing that 92,422 single-family houses and condominiums in the United States were flipped in the third quarter. Those

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Most Home Buying Pet Parents Would Pass on Their Dream Home if it Doesn’t Work for Fido, According to Realtor.com® Survey

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More than two-thirds of prospective buyers with pets say they’d buy a home specifically because of features that cater toward their pet From adding “catios” to foregoing a home that’s not pet-friendly, many homeowners and buyers are prioritizing their furry friends when making pivotal real estate decisions. According to a new survey conducted by Realtor.com® and HarrisX among 3,001 U.S. adults, 82% of Americans with pets who are planning to buy a home

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