MReport recently released a study that reveals the salary needed to ‘comfortably’ purchase a home. Experts at finder.com wrote a report highlighting how hopeful homebuyers in certain cities in the U.S. would have to earn each year in order to own a home. Finally taking the leap and purchasing your own home is a huge
In the past, Presidential elections have not made much of an impact in the housing market. According to a recent DSnews report and a Redfin survey, this Presidential election may be a different story. Most experts do not believe it will have long term effects, although the COVID-19 pandemic could. Home sales are expected to
According to Redfin.com and a recent MReport, working from home, the desire for privacy, and all-time-low mortgage rates make single-family homes more desirable during the COVID-19 pandemic. However, experts are saying that condos could make a comeback if single family homes prices continue to increase. Single family home prices rose from 12% to $343,000 year-over-year..
Due to the COVID-19 pandemic, and many Americans working from home, the real estate market is heating up. According to Realtor.com, there are six ways to upgrade your home in order to sell! The first way is to update your outdoor space. Many studies have shown that since the stay-at-home order, Americans have started to
MReport and Property Club recently revealed data from a study on how COVID-19 is impacting the U.S. luxury real estate market. The study that was conducted focused on the most expensive zip codes in America. Out of these expensive zip codes, two-thirds of them were in the state of California. The zip code 94027, which
According to a recent MReport and a survey conducted by unclutter.com, many homeowners are seeking to move post-pandemic. Unclutter.com, which is a home and office organization website, conducted a survey by researchers to find out why Americans are planning on relocating. The most popular response was that many Americans reported they are either bored with
According to a recent MReport, the COVID-19 pandemic is causing Americans to look for larger homes. Real estate experts at Redfin revealed that sales of large homes rose 21% in July. This increase represents a rate of sale that grew nearly 10 times quicker than small home sales growth. However, small and medium sized homes
Hurricane Laura, a storm that hit the northwestern Gulf Coast on Wednesday, has caused devastating damage to the area. It is the most intense storm to hit that region since 1856. According to a recent MReport and CoreLogic, the damage from the storm “brings threat of further economic uncertainty to the region”. The report revealed
According to recent reports from MReport and Redfin, the housing market is moving in a good direction! The study showed that the sales for new construction homes increased by 10% during the month of July. July sales levels are getting close to those of pre-COVID sales levels. Experts claim a major cause for this uptick
According to a recent MReport, new data reveals that states that have not issued stay-at-home orders are attracting new residents. HireAHelper.com released a report stating Americans are moving despite the COVID-19 pandemic. The report includes which locations are seeing an increase of people moving into the area. Due to the negative impact the health crisis
Within the past few years, Portland, OR, has become one of the nation’s hottest housing markets. Realtor.com stated that it has become a hub for lower home prices and thriving startups, which draws younger Americans into the area. Additionally, cost-conscious residents from Seattle and California have been relocating in Portland for the lower home prices.
A recent DSnews report reviews how homeowners and potential homebuyers are faring during the ongoing COVID-19 pandemic. LendingTree conducted a survey at the end of June to determine how the health crisis is impacting financial situations and people’s ability to pay their mortgage loans. Roughly 1,000 Americans were surveyed. The data revealed that half of