Instant Reaction: Retail Trade Sales, March 16, 2022 Retail sales recorded a seasonally adjusted total of $658.1 billion in February, an increase of 0.3% from January 2022. By: Brandon Hardin Commercial & Investment Real Estate, Retail Properties Powered by WPeMatico
The SCR310 residential resale contract addresses property taxes in Section #22 Adjustments: 22. ADJUSTMENTS: Buyer and Seller agree to settle or prorate, annually or as appropriate; as of Closing Date: (A) utilities and waste fees issued after Closing which include service for time Property was owned/occupied by Seller (B) real estate taxes and owner association… Continue Reading Buyers Talk to Tax Experts (e.g., lawyers, accountants) about Minimizing Property Taxes
By Patti Davila Like many of the world’s citizens, the last two and a half years have been tough for me, to say the least. My husband Jozay and I lost work and we lost a family member in this COVID-19 era. We were forced to postpone our careers as musicians who traveled the globe… Continue Reading The ‘Singing Agent’ Commands the Real Estate Stage, Too
Florida Has the Highest Share of Cost-burdened Renters Apartment asking rents are rising at a double-digit pace in 35% of 390 metro areas, according to NAR's analysis of asking rent data in those... By: Scholastica (Gay) Cororaton Rental Properties Powered by WPeMatico
Distribution of Housing Wealth Across Income Groups High-income homeowners accounted for 71% of increase in value of owner-occupied housing from 2010 through 2020. By: Scholastica (Gay) Cororaton Powered by WPeMatico
Instant Reaction: Mortgage Rates, March 10, 2022 Mortgage rates rose this week as inflation jumped to its highest level since January 1982, with the 30-year fixed mortgage rate increasing to 3.85%. By: Nadia Evangelou Mortgage Financing Powered by WPeMatico
Russia-Ukraine Tensions and the U.S. Housing Market Any decline in international real estate transactions will have little direct impact on the U.S. housing market. By: Scholastica (Gay) Cororaton International Real Estate Powered by WPeMatico
Industrial Availability Rate Further Declines As of March 4, 2022, industrial supply continues to lag demand, and logistic space continues to make up the majority of supply at 89%. By: Brandon Hardin Commercial & Investment Real Estate, Industrial & Warehouse Powered by WPeMatico
Instant Reaction: Jobs, March 4, 2022 The employment gap between current conditions and pre-COVID days is narrowing, with only 2.5 million more jobs needed to get there. By: Lawrence Yun Powered by WPeMatico
Racial Disparities in Homeownership Rates The U.S. homeownership rate rose to 65.5% in 2020; though the homeownership rate for Black Americans climbed to 43.3%, it is still lower than in 2010. By: Brandi Snowden, Nadia Evangelou Fair Housing Powered by WPeMatico