Butler County Realtors® to Appear on HGTV Show
Realtors® Andrea and Eric McIntosh will appear on an episode of HGTV’s My Lottery Dream Home.
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More Homebuyers Expect Home Search to Get “Easier”
Millennials are feeling particularly hopeful about buying this year.
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Housing Affordability Continues to Remain a Challenge for Many Buyers
For the second quarter of 2021, median home prices of single-family homes are less affordable than historic averages in nearly two-thirds (61%) of counties in the U.S.
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Remote Work, Technology Top List of Commercial Real Estate Concerns
“Remote working and mobility is something that is quite concerning to the real estate industry as to what behaviors, and to what extent, remote working will stick, and time will tell,” said Michel Couillard, the Counselors of Real Estate’s CRE 2021 global chair, told The Commercial Observer. “COVID really impacted human behavior in terms of where and how space will be used, and there will probably be a need for commercial properties to reposition in order to meet that changing demand.”
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What Buyers Are Looking For
According to a recent realtor.com® survey, buyers have shifted their priorities due to the pandemic. Twenty-percent of respondents said they valued a quiet location, while 25% said an updated kitchen.
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Reports of Scam Targeting Real Estate Licensees
Several counties are reporting a scam that specifically targets real estate licensees, claiming they risk losing their real estate license if they don’t pay a fine.
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Homebuyers Hoping to Stay in Same State, Just Less Populated Areas
The report found that net migration to the suburbs increased 14% in 2020, while metropolitan areas saw a 3% drop.
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Vacation Homes Sales See Strong Uptick in Sales
“So, with prices up, it’s a great time to sell. But with considerable amounts of new inventory hitting the market on a daily basis, buyers are benefitting from more choices as well. It’s a win-win for buyers and sellers alike given the perfect storm of our proximity to metropolitan areas, historically low-interest rates, continually changing inventory and rising, yet affordable, prices,” said Will Clauss, a Realtor® in Hawley.
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Sold Above Listing Price? It Happened to Me, Said 49% of Sellers
Eighty-two percent of recent sellers received at least what they listed their home for, if not more.
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CDC Eviction Moratorium Extended Until July 31
No substantive changes to the eviction moratorium were made with this latest extension. However, the CDC also announced that this latest extension “is currently intended to be a final” extension and the “CDC does not plan to extend the order further.”
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