To Our Customers and Agent Partners: Housing Market Update and Outlook
Read about our updated home buying strategy for late-2022 and 2023. Continue reading To Our Customers and Agent Partners: Housing Market Update and Outlook
Category: Real Estate Market & Trends
Rent-to-Own Is Gaining Traction: Here is what you need to know
Check out our POV on the rent-to-own industry and how we’re working to make homeownership more accessible to all. Continue reading Rent-to-Own Is Gaining Traction: Here is what you need to know
Higher Interest Rates Make Rent-to-own Right, Right Now
Learn why rent-to-own is a good option for aspiring homeowners when mortgage rates are high. Continue reading Higher Interest Rates Make Rent-to-own Right, Right Now
Historic Home Price Appreciation in Cleveland Continues to Uproot Market
Located on the shores of Lake Erie, Cleveland boasts a population of 383,331 and is the second largest city in Ohio. Trailing in size to only Ohio’s capital, Columbus, “The Forest City” has long been known for being one of … Continue reading Historic Home Price Appreciation in Cleveland Continues to Uproot Market
Cash Buyers Zero in on a Hot Tampa Market
Tampa, sometimes referred to as “The Big Guava,” is one of the fastest growing metro areas in the United States. As Florida’s third most populous city, Tampa, along with surrounding St. Petersburg and Clearwater have experienced rapid job growth as … Continue reading Cash Buyers Zero in on a Hot Tampa Market
Home Price Appreciation Soars and Inventory Tumbles in Houston
As the 4th most populous city within the United States, Houston, the “Bayou City” has been a hot relocation destination for individuals and families across the country. With many larger corporations relocating headquarters to take advantage of the pro-business regulations … Continue reading Home Price Appreciation Soars and Inventory Tumbles in Houston
How Will COVID-19 Affect Home Prices and Affordability?
COVID-19 has already had a dramatic effect on the real estate market. In barely more than a month, the crisis has halted what was shaping up to be one of the most active spring sales seasons in history. These past weeks, we’ve seen home showings come down 18% relative to last year, weekly volume of new listings drop 49% year-over-year, and mortgage forbearances jump to 6% of all mortgages outstanding. Many of us are now anxiously wondering: what effect will this have on home prices? Data from the housing market has given us valuable clues since the onset of the … Continue reading How Will COVID-19 Affect Home Prices and Affordability?
What’s Happening to Mortgage Rates?
Are mortgage rates low? Are they high? How will the COVID-19 virus affect them? Below, we answer all these questions and more. Continue reading What’s Happening to Mortgage Rates?
How Divvy Fits into the Emerging Property Tech Industry
In 2008 funding for “Property Tech”, or what’s more commonly referred to as prop-tech, accounted for a mere 20 million dollars. In 2018, 10 years after the financial crisis, that number has grown to $4 billion. The result of this … Continue reading How Divvy Fits into the Emerging Property Tech Industry