Posts with tag 'Realtor'
Levin Rinke Realty Blog
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May
1
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Buying a Home Right Now: Easy? No. Smart? Yes.
Through all the volatility in the economy right now, some have put their search for a home on hold, yet others have not. According to ShowingTime, the real estate industry's leading showing management technology provider, buyers have started to reappear over the last several weeks. In the latest report, they revealed:
"The March ShowingTime Showing Index® recorded the first nationwide drop in showing traffic in eight months as communities responded to COVID-19. Early April data show signs of an upswing, however."Why would people be setting appointments to look at prospective homes when the process of purchasing a home has become more difficult with shelter-in-place orders throughout the country? Here are three reasons for this uptick in activity: 1. Some people need to move. Whether because of a death in the...
March
5
5
How Much "Housing Wealth" Can You Build in a Decade?
Earlier this month, the National Association of Realtors (NAR) released a special study titled Single-Family Home Price Gains by Years of Tenure. The study estimates median home price appreciation over the last 30 years based on the length of homeownership.
Below are three graphs depicting the most important data revealed in the study.
How much have home prices increased?
One of the first measures of the financial benefits of homeownership is the net worth (in the form of equity) an owner can build over...
November
7
7
Forget the Price of Homes. The Cost is What Matters!
Home buying activity (demand) is up, and the number of available listings (supply) is down. When demand outpaces supply, prices appreciate. That's why firms are beginning to increase their projections for home price appreciation going forward. As an example, CoreLogic increased their 12-month projection for home values from 4.5% to 5.6% over the last few months.
The reacceleration of home values will cause some to again voice concerns about affordability. Just last week, however, First American came out with a
September
6
6
Pensacola Supply and Demand
112.5% increase in demand (listings sold) in 2018 compared to 2011
In the time period ranging from 2014-2018 Pensacola saw a 48% increase in the number of visitors to our ar...
March
6
6
Support Your Local Community in Downtown Pensacola
Award-winning Downtown Pensacola is a big part of why Pensacola locals boast a high quality of life and what makes Pensacola an attractive tourist destination. There are many positive factors attributing to the success of our downtown, but the biggest is the Downtown Improvement Board.
The mission of the Downtown Improvement Board (DIB) is to promote and enhance Downtown Pensacola as a vibrant cultural and commercial destination for residents, businesses, and visitors.
One of the ways they fulfill their mission is by making parking easy to find, friendly, and affordable.
- Easy to find: Did you know the DIB controls 44% of public parking available downtown? It's easy to spot, just look for the teal blue signs!