Lynette M. Adams, Realtor

The typical seller last year made $94,000 more than they paid for the home, a profit margin unseen since at least 2008

For homesellers, profits marked greatest windfall in years The typical seller last year made $94,000 more than they paid for the home, a profit margin unseen since at least 2008.

The latest report shows that US home sales fell to 3.6% in December since the pandemic began. But one economist says "there are plenty of homebuyers on the hunt". What are you waiting for? List your home today!

US home sales tally biggest drop since start of pandemic Record-low inventory dragged home sales down by a seasonally adjusted 3.6 percent nationwide in December, according to a new Redfin report.

Millennials continue to represent the largest segment of first-time homebuyers, according to a new report on the state of the U.S. housing market! Way to go Millennials!

Millennials Remain Driving Force in Housing Market Potential First American Chief Economist Mark Fleming shares his proprietary Potential Home Sales Model analysis, examining the housing market's performance against its potential.

Whether you're an experienced token buyer or this is your first time buying digital assets, it's a unique experience. People are now taking steps to move their assets into the Metaverse. Read on!

What crypto, NFTs and the rest mean for real estate Understand how crypto and the future of the metaverse will impact your life, your business and the real estate industry.

Buyers who are looking to buy a new home may be seeing an opening in the mortgage industry due to the changes, this could help them get approved more quickly!⬇️

Buyers May Find Opening With Mortgage Credit Credit supply is increasing with growth across both conventional and government mortgage segments.

Watching the housing market? You might also want to keep an eye on the rental market, as things are starting to heat up even more! Rents across the states rose a whopping 14% year over year

Rent prices notch biggest uptick in 2 years Rents in December rose 14 percent year over year in the United States — their biggest increase in two years, according to data from Redfin.

A new report about luxury real estate has seen an explosion of interest from crypto millionaires and billionaires looking to invest in high-end property. Hit the article below to know more!

Crypto Rich Targeting Luxury Real Estate Newly made crypto-millionaires and crypto-billionaires are behind some of the most expensive real estate deals over the past year.

Today's real estate market is changing: more and more buyers are purchasing properties without ever stepping inside. Is online viewing the future to real estate purchases? The housing market is evolving!

Buyers Have Never Viewed Fewer Homes Before Purchasing Dwindling inventory and increased competition forced house hunters to make fast decisions last year, an NAR analysis finds.

Are you looking to buy a house? Looking to save the most money on your new home purchase? You may need to act fast. A rise in mortgage rates could mean that homes will not be as affordable in the future, according to the experts.

How Will Rising Mortgage Rates Impact Spring Home-Buying? First American Chief Economist Mark Fleming shares his proprietary Real House Price Index, explaining why rising rates may trigger some FOMO among potential home buyers and lead to an early start to the spring home-buying season.

Sellers have a golden opportunity now that the market for housing has reached all-time highs. Interest rates are rising and inventory is falling, meaning this is the time to sell before interest rates and inventory increase!

When will it be a buyer's market? Hold that thought Even with rising rates, record high prices and an increase in new home construction, an end to the seller’s market isn’t set to end soon.

The housing market's supply of new homes for sale fell to the lowest level on record last month as buyers competed over an already sparse range of choices, according to the latest report! Read on below!

US home inventory drops below 1M Home inventory dropped to the lowest level on record last month as buyers competed over an already sparse range of choices.

The rate at which buyers are waiving home inspection and appraisal contract contingencies has been trending downwards in recent months, according to the latest numbers from NAR. Read the full post for an analysis of what is causing this trend below!

Fewer Buyers Waiving Contingencies Researchers call this a “healthy trend” for the housing market.

At the national level, a homeowner who purchased a single-family existing home 10 years ago would have gained $225,000 in home equity if the home were sold at the median sales price of $363,100 in 2021 Q3. These numbers are GAINS!

Single-family Homeowners Typically Accumulated $225,000 in Housing Wealth Over 10 Years At the national level, a homeowner who purchased a single-family existing home 10 years ago would have gained $225,000 in home equity if the home were sold at the median sales price of $363,100 in 2021 Q3.

Do you want to learn about the current state of the housing market? Find out the latest economic data that shows housing inventory conditions! ⬇️

Affordability Falls to its Lowest Level Since 2008 First American Chief Economist Mark Fleming shares his proprietary Real House Price Index, examining the overall decline in affordability and what it means for home buyers in 2022.

Will the housing market cool slightly in 2022? Home sellers will see tremendous profit as housing prices and demand continue to rise. Catch the wave now before it crests!

Why the housing market won't burn quite as hot in 2022 The housing market will cool slightly in 2022, but will scorch as a multitude of buyers chase too few homes, according to economic experts.

Buying a home is an exciting time, but there are many factors to consider when the time is right. Whether you are a first-time home buyer or not, knowing where to find the best opportunities in 2022 can help make that decision easier for you.

Where Do First-Time Home Buyers Have the Best Opportunity to Buy a Home in 2022? First American Economist Ksenia Potapov examines where potential first-time home buyers can find the largest share of affordable homes.

There's some good news for retailers: The pace of recovery in U.S. commercial real estate prices is accelerating, a development that may offer more support for economic growth this year.

Recovery in Prices for Retail Space Accelerates “Power shopping centers” and neighborhood stores are seeing strong demand, according to NAR data.

The S&P/Case-Shiller home price index is showing moderating house price appreciation, which is great news for homeowners. Find out more info here ⬇️

S&P Case-Shiller Index - Home Prices Moderating but Growth Remains Above Historic Norms - Realtor.com Economic Research October Case Shiller Home Prices: The national index was up 19.1% in the year ending in October, while the 10-City Composite rose 17.1% and the 20-City Composite was up 18.4%. On the bright side for potential buyers, the pace of price growth slowed from September, even as home price growth remains a...

While safety is the No. 1 factor, homeowners consider having good, friendly neighbors a top consideration when choosing a home. See where people are satisfied with those they live near!

Cities Happiest With Their Neighbors Good neighbors make for happy homeowners. See where people are satisfied with those they live near.

This article covers the latest economic trends and will help you make smarter, data-driven decisions when it comes to selling or buying a home in 2022 — you won't be disappointed!

What’s the Outlook for the Housing Market in 2022? At first glance, the outlook for the 2022 housing market is a familiar one – strong millennial demand for homes constrained by an ongoing, historic housing supply shortage. This supply-demand imbalance generated the record house price appreciation seen in 2021 and, given this dynamic shows few sig...

While the overall median rent in the US increased by 1️⃣1️⃣%, some cities have seen much higher spikes in their median rent price. Learn more about these changes and see how your city is doing!

US median rent rose 11% in 2021 due to inflation Rents increased three times the rate of a normal year, in which rents might rise 3-4 percent overall, according to a new report from Dwellsy.

Rising mortgage interest rates won't halt the momentum of the housing market, but they will be an important factor to buyers and sellers. Take a look at the full forecast here.

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It’s time to move fast in finding your new home. Aspiring buyers say that inflation is prompting them to accelerate plans to make a purchase in real estate. Get moving with your house hunting!

Buyers, Sellers Change Plans as Inflation Intensifies Some consumers are delaying a home purchase due to rising consumer prices while others are accelerating their property search.

Home buyers will have a wealth of options in the new year. This new report reveals the hottest real estate markets to watch in 2022 and beyond!

Exclusive: Competition Will Be Fierce for Homes in 2022's 10 Hottest Real Estate Markets For those looking for an edge next year, the Realtor.com economics team put together a list of the housing markets that are expected to sizzle in 2022.

According to the latest report, homeownership is more affordable than renting in most U.S. counties, even in 2022. Don't you think it's time for you to own your dream home...!!

Renting vs. owning: Which is cheaper in 2022? Bryon Lazine and Nicole White discuss renting versus owning in 2022, FSBO homes hitting a 40-year low and 10 out-of-the-box marketing ideas to try this year.

The U.S. housing market is likely to “normalize” in 2022, ending years of rapid home value appreciation and easing back on a shortage of homes available for sale. It’s a good time to buy a home!

Experts: Housing Market Likely to ‘Normalize’ in 2022 While strong homebuyer demand and inventory shortages will continue into 2022, the housing market is unlikely to repeat this year’s dizzying heights, in which existing-home sales reached their highest point in 15 years with an estimated 6 million sales.

Tired of rent going up, but also not ready to commit to a purchase? The Buy vs Rent Index found that homeownership remains cheaper than renting in the majority of US counties.

Owning remains cheaper than renting in majority of US: Study A new analysis found that owning a median priced home was more affordable than the average rent on a three-bedroom property in the majority of U.S. counties.

An estimated average of $56,700 in equity was gained by homeowners nationwide during the past year. This is great news considering the rising costs of living. It's no surprise that homeownership is key to building wealth over time.

Homeowner Equity Insights CoreLogic began reporting homeowner equity data in the first quarter of 2010; at that time, the equity picture for homeowners was rather bleak in the United States. Since then, many homes have regained equity and the outstanding balance on the majority of mortgages in this country are now equal to o...

If you're looking for a second-home, now may be the best time in years! Second-home demand has risen 77% from pre-pandemic levels and new homes are selling in less than a month according to this article :)

Second-Home Demand Up 77% From Pre-Pandemic Levels Nontraditional vacation spots far from coastlines or mountains are leading destinations for second-home buyers. Will the trend continue?

If you’re thinking of selling your home in 2022, this is good news! The market will be flooded with luxury sellers who will want to move on to bigger and better homes.

Seller's market here to stay — but with fewer luxury buyers Luxury real estate had a strong 2021, with demand outstripping supply and the number of affluent sellers interested in entering the market worldwide over the next three years increasing substantially. The luxury world is expected to keep chugging along at a quick pace into 2022 but should also conti...