Extra square footage and outdoor space are in demand, and that’s increasingly prompting home buyers to target the suburbs in their house hunts. Where can their money stretch the farthest?“Home buyers these days are looking for more space—for right now, in the midst of a pandemic when we’re spending an incredible amount of time at home, but also in the post-pandemic future, when life returns to normal,” says Danielle Hale, realtor.com®
House plants are growing in importance in the pandemic, touted for bringing in cleaner air and absorbing carbon dioxide and for boosting productivity, improving mental health, and making rooms look more inviting, Forbes.com reports.“Plant therapy isn’t just a buzzword—it’s the real thing,” Melanie Berliet, general manager for The Spruce, a lifestyle, home, and food site, told Forbes.com. “Research has shown that the abs
The emergence of superfast 5G wireless could potentially widen buyers’ home searches and accelerate growth in real estate technology, panelists said Wednesday at a session called “How 5G Will Impact Where and How We Live and Work,” presented by the iOi Summit, during the virtual 2020 REALTORS® Conference & Expo.5G is at least 100 times faster than 4G and promises to remove latency issues—that is, the delay in response time
Home buyers and refinancing homeowners likely have never locked in this low of rate before for the 30-year fixed-rate mortgage. For the 13th time this year, the 30-year fixed-rate mortgage set a record low, averaging 2.72% this week, according to Freddie Mac’s records, which date back to 1971. The previous all-time low was set the week of Nov. 5, when 30-year rates averaged 2.78%.“Weaker consumer spending data, which accounts for the majority
About Hans Hans Grevenstrale, born in Sweden, son of two real estate brokers. From early age, Hans was a part of the family business of selling Castles and mansions in the Southwestern part of Sweden. Hans's parents nische in real estate was to sell Castles and commercial agricultural farms. Since Sweden has a long history with monarchy and properties with historical significance, Hans has seen/sold castles built from the 13th century to 19th cen
When you notice something is a little off in your life, when you’re feeling discontent, that’s your imagination trying to get your attention. It’s a sign that you were meant for more, said author, activist, and thought leader Glennon Doyle, who spoke about living authentically during the closing session of the virtual 2020 REALTORS® Conference & Expo Wednesday.“I think we are trained to believe that any sort of discontent is shameful
For the fifth consecutive month, existing-home sales continued to be resilient in the face of the pandemic, climbing nearly 27% compared to a year ago, the National Association of REALTORS® reported Thursday.Also reported this week, construction of single-family homes soared to the highest pace since the spring of 2007, as more buyers turned to the new-home market to find homes for sale. Buyers continue to find higher prices and quick sales
How does real estate work in parts of the Caribbean, Central America, and South America? In the final NAR en Español session Wednesday at the 2020 REALTORS® Conference & Expo, “¿Americanizar los Mercados o Tropicalizar las Prácticas?” (“Americanize Markets or Accept Local Practices?”), the focus was on doing business in global markets without a multiple-listing service.“There are many issues here, especially when
For months, landlords and property managers have been dealing with the fallout of an extended federal eviction moratorium, which doesn’t include a rental assistance program that could keep them solvent in the interim. Now that many states are moving toward more aggressive coronavirus restrictions, including the possibility of reinstituting lockdowns, commercial and residential tenants are facing a new round of economic hardship. But proper
Defying high unemployment and an economic recession, the housing market has surged during the COVID-19 pandemic. That isn’t likely to let up heading into the winter months, said Lawrence Yun, chief economist of the National Association of REALTORS® during Tuesday’s “Residential Economic Issues & Trends Forum” at the virtual 2020 REALTORS® Conference & Expo.“2020 has been a year of surprises,” Yun said, singling out the
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