Diamond Realty Group News
A serious dearth of inventory is making the prospect of home shopping and homebuying too daunting for a majority of Americans today. “The Fannie Mae Home Purchase Sentiment Index decreased in April by 2.7 points to 79.0. Four of the HPSI’s six components decreased month over month, most... Read More
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More people are on the hunt for a vacation home. “The pandemic has underscored for many people the idea that it’s nice to have a place to escape to,” says Danielle Hale, realtor.com®’s chief economist. “If you can afford it, a second home gives you an alternate place... Read More
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Some Highlights For the eighth year in a row, real estate maintained its position as the preferred long-term investment among Americans. Real estate has been gaining ground against stocks, gold, and savings accounts over the last 11 years and now stands at its highest rating... Read More
You can typically sell a condo faster than you could a house Whether you live in a condo or own one as an investment property, selling it can have some unique advantages and challenges compared to selling a single-family home. The good news is that even if the... Read More
The level of equity homeowners have is at an all-time high. According to the U.S. Census, over 38% of owner-occupied homes are owned free and clear, meaning they don’t have a mortgage. Those with a mortgage are seeing their equity skyrocket too. Every time real estate values increase,... Read More
Hidden Hills is known for its privacy and space, and Montana’s place is sprawled across more than 3 acres in a small, gated 11-home enclave known as Mureau Estates. During his half-decade stay, the hitmaker behind “Pop That” and “Unforgettable” added a custom $400,000 recording studio and painted... Read More
One of the biggest questions in real estate today is, “When will sellers return to the housing market?” An ongoing shortage of home supply has created a hyper-competitive environment for hopeful buyers, leading to the ultimate sellers’ market. However, as the economy continues to improve and more people get... Read More
About one-third of multifamily building has moved to low-density markets in the suburbs and exurbs, which are seeing populations increase faster than are city centers over the past year, the National Association of Home Builders reported during the virtual International Builders’ Show on Thursday. During the pandemic, the... Read More
Last month, in a post on the Liberty Street Economics blog, the Federal Reserve Bank of New York noted that Americans believe buying a home is definitely or probably a better investment than buying stocks. Last week, a Gallup Poll reaffirmed those findings. In an article... Read More
The grand villa is surrounded by a pool, multiple grottos and a turtle pond.(Brent Willis Photography) Even a few million down from her original goal, she’s still walking away with a profit of nearly $5 million after paying $3 million for the home in 2000. Read More