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Showing posts from July, 2020

Florida’s New-Home Communities Seen Leading The Nation Amid ‘Amazing’ Rebound

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Builders have used words like “wild” and “amazing” to describe home sales activity in May, June, and July. Some large communities are seeing large percentage increases in sales activity. http://dlvr.it/RcmjmL

Meet Luke, the A.I.-Powered Real Estate Bot That Never Sleeps

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Could a friendly chatbot change how we shop for homes in the post-Covid world? http://dlvr.it/Rcm25L

Will We See a Surge of Homebuyers Moving to the Suburbs?

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ICYMI: As remote work continues on for many businesses and Americans weigh the risks of being in densely populated areas, will more people start to move out of bigger cities? Spending extra time at home and dreaming of more indoor and outdoor space is certainly sparking some interest among homebuyers. Early data shows an initial trend in this direction of moving from urban to suburban communities, but the question is: will the trend continue? According to recent data from Zillow, there is a current surge in urban high-end listings in some larger metro areas. The month-over-month increase in these homes going on the market indicates more urban homeowners may be ready to make a move out of the city, particularly at the upper end of the market (See graph below): Why are people starting to move out of larger cities? With the ongoing health crisis, it’s no surprise that many people are starting to consider this shift. A July survey from HomeLight notes the top reasons people are actual

Where Is the Housing Market Headed for the Rest of 2020? [INFOGRAPHIC]

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Some Highlights: * The housing market is forecasted to finish the year with growing strength. * Historically low mortgage rates are creating great potential for homebuyers, and home sales are on the rise. * If you’re thinking of buying or selling a home this year, let’s connect to maximize your opportunity today. Content previously posted on Keeping Current Matters http://dlvr.it/Rcl3Lw

Chinese Billionaire Wang Jianlin’s Wanda Group Sells U.S. Skyscraper Project To Reduce Debt

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China's former richest man is offloading another overseas asset to reduce his conglomerate's debt. http://dlvr.it/RcknBq

Keryn Young - Berkshire Hathaway - Home Sales are Surging This Summer

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Unpacking Taylor Swift’s New Song About Her Rhode Island Mansion

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The singer’s new surprise album, “Folklore,” includes a track all about the dwelling’s interesting history http://dlvr.it/RchVsT

Homeownership Rate Continues to Rise in 2020

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ICYMI: So far, it’s been quite a ride this year, and our nation has truly seen its fair share of hurdles. The post Homeownership Rate Continues to Rise in 2020 appeared first on Keeping Current Matters. http://dlvr.it/Rch9Yt

Will We See a Surge of Homebuyers Moving to the Suburbs?

Image
As remote work continues on for many businesses and Americans weigh the risks of being in densely populated areas, will more people start to move out of bigger cities? Spending extra time at home and dreaming of more indoor and outdoor space is certainly sparking some interest among homebuyers. Early data shows an initial trend in this direction of moving from urban to suburban communities, but the question is: will the trend continue? According to recent data from Zillow, there is a current surge in urban high-end listings in some larger metro areas. The month-over-month increase in these homes going on the market indicates more urban homeowners may be ready to make a move out of the city, particularly at the upper end of the market (See graph below): Why are people starting to move out of larger cities? With the ongoing health crisis, it’s no surprise that many people are starting to consider this shift. A July survey from HomeLight notes the top reasons people are actually movi

Tour This Charming Greenwich Village Townhouse

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Fifteen years after buying a 19th-century Manhattan town house, filmmaker Maggie Betts crafts a new scene http://dlvr.it/RcgLZK

Homeownership Rate Continues to Rise in 2020

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ICYMI: So far, it’s been quite a ride this year, and our nation has truly seen its fair share of hurdles. From COVID-19 to record unemployment and then the resulting recession, just to name a few, the second quarter of 2020 has had more than a few challenges. Amidst the many roadblocks, however, the U.S. homeownership rate rose again, signaling great strength in the recovery of the housing market and an indication that even in a time of crisis, Americans still feel confident about buying a home. Yesterday, the U.S. Census Bureau announced: “The homeownership rate of 67.9 percent was 3.8 percentage points higher than the rate in the second quarter 2019 (64.1 percent) and 2.6 percentage points higher than the rate in the first quarter 2020 (65.3 percent).” The increase is also represented by race and ethnicity of the householder:There are many reasons why the homeownership rate in this country is rising, and one of the key factors is historically-low mortgage rates. Rates hoverin

Guidance and Support Are Key When Buying Your First Home

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ICYMI: In June, the number of first-time homebuyers accounted for 35% of the existing homes sold, a trend that’s been building steadily throughout the year. The post Guidance and Support Are Key When Buying Your First Home appeared first on Keeping Current Matters. http://dlvr.it/RccQgW

Homeownership Rate Continues to Rise in 2020

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So far, it’s been quite a ride this year, and our nation has truly seen its fair share of hurdles. The post Homeownership Rate Continues to Rise in 2020 appeared first on Keeping Current Matters. http://dlvr.it/RccQR1

Inside Supermodel Kendall Jenner's Tranquil Los Angeles Home

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Far from the runway, supermodel Kendall Jenner finds refuge in a serene Los Angeles home bathed in warm, neutral tones and organic textures http://dlvr.it/RcbcV2

Guidance and Support Are Key When Buying Your First Home

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ICYMI: In June, the number of first-time homebuyers accounted for 35% of the existing homes sold, a trend that’s been building steadily throughout the year. According to the National Association of Realtors (NAR): “The share of first-time buyers increased in March through June—right into the heart of the pandemic period and the surge in unemployment—and is now trending higher than the 29% to 32% average in past years since 2012.” (See graph below): Why the rise in first-time homebuying? NAR continues to say: “The major factor is, arguably, low mortgage rates. As of the week ended July 16, the 30-year fixed mortgage rate dropped to 2.98%. With rates so low that are locked in under a 30-year mortgage, the typical mortgage payment, estimated at $1,036, has fallen below the median rent, at $1,045. For potential home buyers who were thinking of purchasing a home anyway before the pandemic outbreak and who are likely to remain employed, the low mortgage rate may be the clincher.”

Homeownership Rate Continues to Rise in 2020

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So far, it’s been quite a ride this year, and our nation has truly seen its fair share of hurdles. From COVID-19 to record unemployment and then the resulting recession, just to name a few, the second quarter of 2020 has had more than a few challenges. Amidst the many roadblocks, however, the U.S. homeownership rate rose again, signaling great strength in the recovery of the housing market and an indication that even in a time of crisis, Americans still feel confident about buying a home. Yesterday, the U.S. Census Bureau announced: “The homeownership rate of 67.9 percent was 3.8 percentage points higher than the rate in the second quarter 2019 (64.1 percent) and 2.6 percentage points higher than the rate in the first quarter 2020 (65.3 percent).” The increase is also represented by race and ethnicity of the householder:There are many reasons why the homeownership rate in this country is rising, and one of the key factors is historically-low mortgage rates. Rates hovering at al

Guidance and Support Are Key When Buying Your First Home

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In June, the number of first-time homebuyers accounted for 35% of the existing homes sold, a trend that’s been building steadily throughout the year. The post Guidance and Support Are Key When Buying Your First Home appeared first on Keeping Current Matters. http://dlvr.it/RcXdMD

The Award for Most Artful Use of a Shipping Container Goes to This Boulder Home

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This Boulder, CO, residence highlighted by a second-floor shipping containter boasts mountain views from every room and is a creative's dream. The post The Award for Most Artful Use of a Shipping Container Goes to This Boulder Home appeared first on Real Estate News & Insights | realtor.com®. http://dlvr.it/RcX3Ll

Three of the Latest Reports Show Housing Market Is Strong

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ICYMI: The residential real estate market is remaining resilient as the country still struggles to beat the COVID-19 pandemic. Three separate reports recently revealed how the housing market is still showing growth. Here’s a look at each one. 1. Ivy Zelman’s Real Estate Broker Survey The survey explains that purchaser demand remains strong: “This month’s overall homebuyer demand rating…was easily the strongest sequential gain in our survey history…Strength continues to be led by the entry-level…While high-end demand is less robust in an absolute sense, there has also been relative improvement, with contacts attributing incremental improvement to the stock market’s rebound, record low mortgage rates and luxury customers trading out of high-priced cities.” 2. The National Association of Home Builders Housing Market Index The index reveals that builder confidence has returned to levels last seen prior to the pandemic: “In a strong signal that the housing market is ready to le

Guidance and Support Are Key When Buying Your First Home

Image
In June, the number of first-time homebuyers accounted for 35% of the existing homes sold, a trend that’s been building steadily throughout the year. According to the National Association of Realtors (NAR): “The share of first-time buyers increased in March through June—right into the heart of the pandemic period and the surge in unemployment—and is now trending higher than the 29% to 32% average in past years since 2012.” (See graph below): Why the rise in first-time homebuying? NAR continues to say: “The major factor is, arguably, low mortgage rates. As of the week ended July 16, the 30-year fixed mortgage rate dropped to 2.98%. With rates so low that are locked in under a 30-year mortgage, the typical mortgage payment, estimated at $1,036, has fallen below the median rent, at $1,045. For potential home buyers who were thinking of purchasing a home anyway before the pandemic outbreak and who are likely to remain employed, the low mortgage rate may be the clincher.” Clear

A New Brand Celebrates Easy, Breezy Sicilian Style

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Meet Idda Studio, a line of painterly fabrics and ceramics by R & Company’s Gabriella Picone http://dlvr.it/RcV4lK

The Boll & Branch Semi-Annual Sale Is Here: Check Out Our Wishlist

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It's that time of year! Get 20% off on their organic collection of bedding, bath towels, and loungewear http://dlvr.it/RcShvB

Breathing Room: Where Home Buyers Can Get the Most Space for Their Money

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At a time when just about everyone wants more room to live, work, and play in—at home—we've identified the top 10 metros where you get the most house for your money. The post Breathing Room: Where Home Buyers Can Get the Most Space for Their Money appeared first on Real Estate News & Insights | realtor.com®. http://dlvr.it/RcSGTc

Three of the Latest Reports Show Housing Market Is Strong

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The residential real estate market is remaining resilient as the country still struggles to beat the COVID-19 pandemic. Three separate reports recently revealed how the housing market is still showing growth. Here’s a look at each one. 1. Ivy Zelman’s Real Estate Broker Survey The survey explains that purchaser demand remains strong: “This month’s overall homebuyer demand rating…was easily the strongest sequential gain in our survey history…Strength continues to be led by the entry-level…While high-end demand is less robust in an absolute sense, there has also been relative improvement, with contacts attributing incremental improvement to the stock market’s rebound, record low mortgage rates and luxury customers trading out of high-priced cities.” 2. The National Association of Home Builders Housing Market Index The index reveals that builder confidence has returned to levels last seen prior to the pandemic: “In a strong signal that the housing market is ready to lead a po

Traditional French Macarons in Del Mar

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Le Macaron French Pastries is about allowing yourself a little luxury and slowing down long enough to appreciate the quality… http://dlvr.it/RcQWPZ

The ADA On Its 30th Anniversary: Looking Back And Forward

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To get a fuller view of how much the ADA has benefited all of us, I reached out to five individuals whose lives and careers have been touched by this legislation. http://dlvr.it/RcQH48

Daddy Daughter Duet - Let it Be - Beatles Cover - Mat and Savanna Shaw

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QDOBA Mexican Eats Coming Soon

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QDOBA Mexican Eats, the fast-casual Mexican restaurant chain, today announced the Company is planning to open its first San Diego… http://dlvr.it/RcPBNg

Over 14,000 Homes At Risk From Hurricane Hanna Storm Surge

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Hurricane-driven storm surge is one component of land-falling hurricanes that can cause extensive property damage. http://dlvr.it/RcNsx9

Insane Double Stack Rainbow Pancakes

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Sugar Factory American Brasserie San Diego has introduced a new breakfast menu featuring limited edition Insane Double Stack Rainbow Pancakes.… http://dlvr.it/RcMwqq

Steinbrenner Estate in Tampa Pitches $1.3M Price Cut to Entice the Right Buyer

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It’s been over a year since the estate of George Steinbrenner, late owner of the Yankees, went up for sale. The price of the mansion was lowered to $4.4 million in mid-July. The post Steinbrenner Estate in Tampa Pitches $1.3M Price Cut to Entice the Right Buyer appeared first on Real Estate News & Insights | realtor.com®. http://dlvr.it/RcLZGz

Fully Furnished $27M Lakefront Mansion Is Idaho’s Most Expensive Home

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With an asking price of $27 million, the custom home on Coeur d'Alene Lake known as Copper Rock Estate is now Idaho’s most expensive home. The post Fully Furnished $27M Lakefront Mansion Is Idaho’s Most Expensive Home appeared first on Real Estate News & Insights | realtor.com®. http://dlvr.it/RcLZDY

Slater’s 50/50 Chicken Wing Special

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Slater’s 50/50, the bacon sensation of American cuisine, is giving CHICKEN its time to shine on National Chicken Wing Day!… http://dlvr.it/RcKHLm

Keryn Young - Berkshire Hathaway - Is It a Good Time to Buy or Sell

http://dlvr.it/RcKCDj

Footwear Designer Vince Camuto’s Connecticut Estate, Last Listed For $25M, Is Going Up For Auction

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Camuto, who co-founded Nine West and is known for his eponymous shoe brand, restored the Greenwich estate, called Chateau Ridge, built in 1927. http://dlvr.it/RcK206

Right on the River, Nebraska ‘Castle’ Offers Unparalleled Views

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Listed for $2.8 million, this amazing 4,700-square-foot home in east Nebraska sits on a spit of land where a drainage chute meets the Missouri River. The post Right on the River, Nebraska ‘Castle’ Offers Unparalleled Views appeared first on Real Estate News & Insights | realtor.com®. http://dlvr.it/RcHR0C

Home Sales Hit a Record-Setting Rebound

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ICYMI: With a worldwide health crisis that drove a pause in the economy this year, the housing market was greatly impacted. Many have been eagerly awaiting some bright signs of a recovery. Based on the latest Existing Home Sales Report from the National Association of Realtors (NAR), June hit a much-anticipated record-setting rebound to ignite that spark. According to NAR, home sales jumped 20.7% from May to a seasonally-adjusted annual rate of 4.72 million in June:  “Existing-home sales rebounded at a record pace in June, showing strong signs of a market turnaround after three straight months of sales declines caused by the ongoing pandemic…Each of the four major regions achieved month-over-month growth.” This significant rebound is a major boost for the housing market and the U.S. economy. According to Lawrence Yun, Chief Economist for NAR, the momentum has the potential to continue on, too: “The sales recovery is strong, as buyers were eager to purchase homes and properti

Keryn Young - Berkshire Hathaway - Is It a Good Time to Buy or Sell

http://dlvr.it/RcFb9Y

The $600 Weekly Unemployment Benefits And Federal Eviction Ban Expected To End. Now What?

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The renewal of key policies credited with keeping renters and homeowners afloat during the pandemic remains uncertain. http://dlvr.it/RcFPFg

Keryn Young - Berkshire Hathaway - Is It a Good Time to Buy or Sell

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How To Tackle Apartment Renovation During COVID-19

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We talked to Asher Lipman about how to handle apartment renovation during COVID-19 http://dlvr.it/RcDk1W

Big Homes Had Fallen Out of Favor—Then Came the Coronavirus Pandemic

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In the wake of the coronavirus pandemic, will big homes with impressive backyards come back into vogue with folks seeking more space? The post Big Homes Had Fallen Out of Favor—Then Came the Coronavirus Pandemic appeared first on Real Estate News & Insights | realtor.com®. http://dlvr.it/RcCjb0

Home Sales Hit a Record-Setting Rebound

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With a worldwide health crisis that drove a pause in the economy this year, the housing market was greatly impacted. Many have been eagerly awaiting some bright signs of a recovery. Based on the latest Existing Home Sales Report from the National Association of Realtors (NAR), June hit a much-anticipated record-setting rebound to ignite that spark. According to NAR, home sales jumped 20.7% from May to a seasonally-adjusted annual rate of 4.72 million in June:  “Existing-home sales rebounded at a record pace in June, showing strong signs of a market turnaround after three straight months of sales declines caused by the ongoing pandemic…Each of the four major regions achieved month-over-month growth.” This significant rebound is a major boost for the housing market and the U.S. economy. According to Lawrence Yun, Chief Economist for NAR, the momentum has the potential to continue on, too: “The sales recovery is strong, as buyers were eager to purchase homes and properties that

What’s Hot, What’s Not, In Post-Lockdown New York Real Estate

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What are NYC buyers most likely to buy, and how much will they want to pay for it? What neighborhoods and property types are hot? http://dlvr.it/Rc9Zys

Simple Paint Tricks for a Dose of French Riviera at Home

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Inspired by the new Hôtel Le Sud, we’re grabbing our brushes http://dlvr.it/Rc9MyL

A Remarkable Recovery for the Housing Market

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ICYMI: For months now the vast majority of Americans have been asking the same question: When will the economy turn around? The post A Remarkable Recovery for the Housing Market appeared first on Keeping Current Matters. http://dlvr.it/Rc8TLZ

Inside a Paris Design Couple’s “Theater of Objects”

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Philippe Rapin and Sylvie de Chirée thrive in this Right Bank apartment with inimitable views and a dynamic collection http://dlvr.it/Rc7m7B

Duck Dive Relaunches Weekend Brunch

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Pacific Beach’s Duck Dive is relaunching their famed weekend brunch starting this Thursday, July 23rd! With an outdoor patio and… http://dlvr.it/Rc61Ff

How Amazon Plans to Revolutionize Green Stadium Design

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In a joint venture with an entertainment investment firm and sports team owners, Climate Pledge Arena aims to be the world's first stadium to achieve a net Zero Carbon certification http://dlvr.it/Rc5XNz

The Ritz-Carlton Residences, Miami Beach, Is Fully Embracing Italian Design

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Italian design houses are contributing to the Piero Lissoni–designed Ritz-Carlton Residences, Miami Beach http://dlvr.it/Rc554k

A Remarkable Recovery for the Housing Market

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For months now the vast majority of Americans have been asking the same question: When will the economy turn around? The post A Remarkable Recovery for the Housing Market appeared first on Keeping Current Matters. http://dlvr.it/Rc4bSP

Thinking of Selling Your House? Now May be the Right Time

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ICYMI: Inventory is arguably the biggest challenge for buyers in today’s housing market. There are simply more buyers actively looking for homes to purchase than there are sellers selling them, so the scale is tipped in favor of the sellers. According to the latest Existing Home Sales Report from the National Association of Realtors (NAR), total housing inventory is down 18.8% from one year ago. Inventory is well below what was available last year, and the houses that do come to the market are selling very quickly. Sam Khater, Chief Economist at Freddie Mac notes: “Simply put, new housing supply is not keeping up with rising demand. We estimate that the housing market is undersupplied by 3.3 million units, and the shortage is rising by about 300,000 units a year. More than half of all states have a housing shortage.” Why is inventory so low? There are many reasons why it’s hard to find a home to buy today, stemming from an undersupply of newly constructed homes to sellers pr

How the CARES Act Can Help You Buy Your First Home

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The CARES Act can be used to help first-time homebuyers afford their home http://dlvr.it/Rc24X5

Discover the Timeless Appeal of St. Tropez

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A stunning new book invites armchair travelers to escape to the sunny shores of the French Riviera http://dlvr.it/Rc1JrV

Create an Indoor Herb Garden: Tips to Grow Your Herbs

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Discover indoor herb garden ideas that will enhance your kitchen and keep fresh ingredients on hand. Learn how to grow your favorite kitchen herbs indoors! http://dlvr.it/Rc0nwp