Seattle Best City in Nation for Real Estate Agents
“Location, location, location” might be the catchphrase of the real-estate profession, but it applies just as much to realtors as it does to their clients. After all, success in the industry hinges on both an agent’s work ethic and area of operation.
https://wallethub.com/edu/best-worst-cities-to-be-a-real-estate-agent/18713
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2021's Best Places to Be a Real Estate Agent
Bend agent says one client bought a house after only seeing it over video
https://www.bendbulletin.com/business/realestate/realtors-say-cash-buyers-are-purchasing-homes---above-the-asking-price/article_06729156-a841-5f70-a723-994bf7c1ad1e.html
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Runners-up outside Seattle and San Francisco
Suburbs also made a good showing. King County, Washington, and California’s East Bay came in second and third as Seattle and San Francisco residents moved further out into their surrounding counties. Neither county even made the list last year.
https://www.foxbusiness.com/real-estate/rich-people-ditched-nyc-for-these-random-cities
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Could Seattle-area homebuyers be getting some relief?
New report shows rise in new listings
During April, the area saw a significant increase in new listings compared to the same time last year, according to the most recent report from Northwest Multiple Listing Service
https://www.seattlepi.com/realestate/article/seattle-sees-increase-new-home-listings-april-2021-16157011.php
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Mortgage rates fell again, despite inflation soaring to 13-year high — so what’s going on?
The last time inflation surged this high in one month Freddie Mac’s 30-year mortgage rate was 16.9%’
https://www.marketwatch.com/story/what-inflation-mortgage-rates-are-still-falling-despite-concerns-about-rising-prices-on-consumer-goods-11620914775
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How hard is it to buy a home right now? "Beyond crazy and frustrating."
The pandemic-era real estate market has emerged as a windfall for sellers and a headache for buyers. A shortage of for-sale homes continues to boost prices across the nation by double-digits — and is pushing house hunters to go to extremes to win bids.
https://www.cbsnews.com/news/housing-real-estate-market-home-buying-difficulty/
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Seattle among worst 'bang-for-your-buck' real estate markets in the nation
Buying a home in Seattle will give you less space for your money than almost anywhere in America, a new report finds.
https://www.bigcountrynewsconnection.com/news/report-seattle-among-worst-bang-for-your-buck-real-estate-markets-in-the-nation/article_b1935406-3b63-5d2d-a460-f80759e2dc21.html
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Metros where homes are selling the fastest
Credible compiled a list of 20 U.S. metro areas where homes are selling the fastest, using data from Zillow and ranking homes according to the average number of days they were listed before there was a pending sale in December 2020, the most recent month in which data was available for all metros.
https://www.gwinnettdailypost.com/multimedia/metros-where-homes-are-selling-the-fastest/collection_50940d5d-b4a1-53c9-9d2e-cc0cd4a17298.html#1
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Demand for Second Homes Is More Than Double Pre-Pandemic Levels
Second-home buyers are out in full force as affluent Americans continue to work remotely from vacation destinations
https://www.prnewswire.com/news-releases/demand-for-second-homes-is-more-than-double-pre-pandemic-levels-301287673.html
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Real Estate newsletter: A notorious castle trades hands
Welcome back to the Real Estate newsletter, where a wild first week of May was marked by two bizarre home listings, two massive mega-project announcements and an intriguing new possibility for one of the country’s most fabled estates to come to market.
https://www.latimes.com/business/newsletter/2021-05-08/real-estate-newsletter-phil-spector-lana-clarkson-tyrere-gibson-bill-gates-hot-property
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Weekly Housing Market Monitor
NAR Research compiles the latest housing market data in this weekly monitor, based on what REALTORS® are seeing in their market, mortgage data, jobless claims, foot traffic, and the latest home sales numbers.
https://www.nar.realtor/research-and-statistics/research-reports/weekly-housing-market-monitor
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Market Hotness Index
Metro Hotness - Zip Code and County Hotness
https://www.realtor.com/research/reports/hottest-markets/
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HOUSING STATISTICS
Housing Statistics offers 43 different sets of data, downloadable either as Excel or PDF files (updated weekly). Housing data and primary indicators of the industry are housed in one easy-to navigate location containing historical and current sets of statistics such as: Housing Starts (by Region & Structure Type), Homes Sold by Region, Producer Price Indexes (for Building Materials), Manufactured Homes, New Home Characteristics, Residential Vacancy & Absorption Rates, Units Under Construction, Value of New Construction, and many more.
http://www.nahbclassic.org/reference_list.aspx?sectionID=819&channelID=311
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Economic Indicators
U.S. Census Bureau Economic Indicators
https://www.census.gov/economic-indicators/
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Local Market Reports
All real estate is local and every market is unique. To help REALTORS® and other housing market analysts get the most out of the plethora of data that is available, NAR Research produces a series of Local Market Reports (LMRs) which provide insights into the fundamentals and direction of the nation's largest metropolitan housing markets. Each report evaluates a number of factors affecting home prices, including:
https://www.nar.realtor/research-and-statistics/research-reports/local-market-reports
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CoreLogic Home Price Insights
The most geographically comprehensive and current home price index.
http://www.corelogic.com/about-us/researchtrends/corelogic-home-price-insights.aspx?WT.mc_id=crlg_151103_aHqc0&elq=d6379903117d41bcbe7b9f6a82f2189a&elqCampaignId=2692&elqaid=7659&elqat=1&elqTrackId=097f671c98fc48249757d8ddbd229326#.Vj1WlvnnuUl
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Bureau of Economic Analysis
U.S. Economy at a Glance
http://www.bea.gov/index.htm
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Mortgage Market Survey Archive
Compilation of Weekly Survey Data for 2015
http://www.freddiemac.com/pmms/archive.html
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Housing Economics
NAHB produces in-depth economic analyses of the home building industry based on private and government data. Our economics group surveys builders, home buyers, and renters to gain insight into the issues and trends driving the industry.
https://www.nahb.org/en/research/housing-economics.aspx