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Archives for February 2021

Buyers have to act fast in this tough housing market

Source: ANNA BAHNEY, CNN BUSINESS - 02/19/21 Buyers looking for a home right now need to be ready to pounce. Inventory of homes is so low that, in January, homes sold in half the time they did a year ago. Properties sold in January typically remained on the market for 21 days during the month, down from 43 days a year ago. Most homes, 71%, that sold in January were on the market for less than a month, according to the National Association of Realtors. As of the end of January, housing inventory fell to a … [Read more...]

Dwell On This: Make Your Bedroom a Device-Free Zone

Source: Gregory Han | Dwell.com | February 12, 2021 Don’t be held captive by screens in your own sanctuary. Admit it—you’ve long been mired in an unhealthy relationship, and you’re probably losing sleep over it. The toxic entity that we’re talking about is none other than your phone. The average person spends more than three hours a day messaging, shopping, and doomscrolling on their devices, and for many, a sizable portion of that happens in bed. Needless to say, we’ve all been trained by the algorithms that … [Read more...]

Home Prices Are Rising at the Fastest Pace Since the Great Recession, Price Barometers Show

Source: Jacob Passy | Realtor.com The numbers: Home prices rocketed at a fast pace yet again in November, according to two separate indices released Tuesday, making it increasingly more difficult for buyers to navigate the housing market as many states began reopening businesses from shutdowns related to the coronavirus pandemic. Recent data suggest price appreciation should gain steam in the latter half of the year. The S&P CoreLogic Case-Shiller 20-city price index posted a 9.1% year-over-year … [Read more...]

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