2022 – Page 72

Softening HPSI May Portend Slower Housing Market in 2022

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Affordability Expected to Be a Growing Challenge for Potential Homebuyers The Fannie Mae Home Purchase Sentiment Index® (HPSI) decreased 0.5 points to 74.2 in December, as consumers continued to report substantially divergent views of homebuying and home-selling conditions. Overall, three of the index’s six components decreased month over month. In December, 76% of respondents reported that it’s a good time to sell a home, compared to the survey record-low 26% of consumers who

Housing Supply Shortage Likely to Persist Through Spring, New HouseCanary Report Suggests

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Supply Remained Tight in December as Monthly New Listing Volume Fell 10.6% Year-Over-Year While Median Single-Family Listing Prices Shrunk 2.2%, Median Single-Family Contract Prices Rose for Third Consecutive Month HouseCanary Forecasts 10-12% Increase in Single-Family Detached Prices Over the Next Twelve Months HouseCanary, Inc. (“HouseCanary”), a national brokerage known for its real estate valuation accuracy, released its latest Market Pulse report, covering 22 listing-derived metrics and comparing data between December 2020 and

Word of the Day: Telos

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[TEL-ahs] Part of speech: noun Origin: Greek, 300 BCE Definition: An ultimate object or aim Examples of Telos in a sentence “Helen’s telos was to earn her Ph.D in chemistry.” “At this early stage, the nonprofit doesn’t seem to have a telos.” About Telos This word comes from the Greek “telos,” meaning “the end, limit, goal, fulfillment, completion.” It is possibly akin to Greek “tellein,” meaning to accomplish. Did you Know? Aristotle is often linked

EVERNEST INCREASES FOOTPRINT THROUGH ACQUISITION OF LEGACY PROPERTY MANAGEMENT

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Evernest, a full-service real estate and property management company, headquartered in Birmingham, Alabama, that specializes in the brokerage, renovation, maintenance, and management of single-family and small multifamily investment homes, announced that they have acquired Legacy Property Management. Evernest Founder and CEO, Matthew Whitaker said of the acquisition, “Denver and the front range have been an excellent market for us over the past 3 years. Any chance we can get to improve our footprint, which

WHERE AND WHY DID AMERICANS MOVE IN 2021?

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The Pandemic Continued to Influence Americans’ Decisions to Move as They Relocated to Lower-Density Areas and Desired to be Closer to Family United Van Lines released the company’s 45th Annual National Movers Study which indicates Americans were on the move to lower-density areas and to be closer to their families throughout last year. The annual study, which tracks the company’s exclusive data for customers’ state-to-state migration patterns, determined Vermont as the state with the highest percentage

Word of the Day: Rime

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[riym] Part of speech: Noun Origin: Old English, 12th century Definitions: Frost formed on cold objects by the rapid freezing of water vapor in cloud or fog. (Literary) hoarfrost Examples of Rime in a sentence “The sunlight bounced off the rime on the grass.” “The rime-covered trees looked majestic and otherworldly.” About Rime This word comes from the Old English “hrīm,” of Germanic origin and is related to the Dutch “rijm.”