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Lowest-priced homes attracting strongest competition as market rebalances

Lowest-priced homes attracting strongest competition as market rebalances

Inventory, sales and price-cut trends reveal how home buyers and sellers are adjusting to changing market conditions Competition for the lowest-priced homes in each market is now stronger than mid- and high-priced homes, reversing a pandemic trend.  Monthly payments on a typical mortgage are 60% higher than they were a year ago, likely contributing to […]

Bowlero

A request to allow the use of a bowling alley, restaurant, and sports bar with the service of beer, wine, and spirits. Source link

YA Book Box | Moorpark, CA

Each box contains two books to check out, a small craft, and other free swag. Return the books; keep the rest! Registration required. Available while supplies last. September: Fall Magic October: Ghosts & Monsters November: Murder & Mayhem Please return the box and the books INSIDE the Library.  Source link

Buyers gaining time and options as competition eases

Buyers gaining time and options as competition eases

Affordability challenges mount as market rebalancing accelerates, especially in expensive markets Monthly payments on a typical mortgage are more than 75% higher than they were in June 2019. Less-expensive metros are seeing the smallest declines in sales. Typical U.S. rents have surpassed $2,000 a month for the first time, but growth is easing. SEATTLE, July […]

Hot housing market not a bubble, economists say

Hot housing market not a bubble, economists say

Strong fundamentals and credit, low likelihood of crash underpin survey results  Sixty percent of housing experts polled by Zillow don’t believe the housing market is in a bubble, compared to 32% who do. A short recession is expected by the panel by 2024 as the Federal Reserve works to tame inflation. The panel raised home […]

Americans know more about celebrity love lives, the NFL and the Kardashians than about real estate basics

Americans know more about celebrity love lives, the NFL and the Kardashians than about real estate basics

In a nationwide survey, the typical adult failed Zillow’s real estate knowledge quiz, revealing significant knowledge gaps about what is often life’s biggest financial investment SEATTLE, June 16, 2022 /PRNewswire/ — Americans are as mystified by how real estate works as they are about cryptocurrency. A new Zillow® survey finds most Americans know more about celebrity […]