Diamond Realty Group News
Pending sales rose 29%, and new listings jumped 6% from last year Key housing market takeaways for 434 U.S. metro areas during the 4-week period ending September 20: The median home sale price increased 14% from 2019 to $319,978—the highest on record. The 14% year-over-year increase was the largest since... Read More
The new-homes market is recovering—with sales on the rise—but hurdles including a lumber shortage are still hampering builders. New listings of newly-built homes dropped 4.1% year over year to a seasonally-adjusted rate of 74,000 in August, reversing course after a 3.8% gain in July. Meanwhile, new... Read More
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Some Highlights As a seller today, you may think pricing your home on the high end will result in a higher final sale price, but the opposite is actually true. To sell your home quickly and for the best possible price, you should eliminate buyer concerns... Read More
The association estimated that single-family new home sales were running at a seasonally adjusted pace of 871,000 units last month. The housing market has continued its steady progress throughout the summer homebuying season, “and record-low mortgage rates and households seeking more space will likely continue to drive demand... Read More
Homeownership is one of the best ways to invest in your financial future, especially as your home equity grows. Home equity is a form of forced savings that can work to your advantage as the value of your home appreciates. Across the country, home equity was increasing before the... Read More
Homeownership is one of the best ways to invest in your financial future, especially as your home equity grows. Home equity is a form of forced savings that can work to your advantage as the value of your home appreciates. Across the country, home equity was increasing before the... Read More
Remote work is accelerating the trend of migration away from expensive places like New York and San Francisco toward relatively affordable inland areas, where out-of-towners are winning bidding wars and driving up home prices. Nationwide, 28.7% of Redfin.com users looked to move to another metro area in July and August,... Read More
The British-born Collins, who died in 2015 at age 77, bought the property in 1991 for $3 million with her second husband. A Traditional-style home in Beverly Hills, California, that had been owned by the best-selling author Jackie Collins hit the market Wednesday for $16.95 million, Mansion Global... Read More
Last week, the National Association of Home Builders (NAHB) reported their Housing Market Index (HMI) hit an all-time high in the 35-year history of the series with a score of 83. The index gauges builder perceptions of current single-family home sales and sale expectations for the next six... Read More
But before delving into a condominium purchase, realize you are buying a piece of a whole. Buying a condominium can be a good decision. A condo can have a lower cost to buy in over a single-family home. It can also provide amenities that a single-family home could... Read More
Housing inventory is at an all-time low. There are 39% fewer homes for sale today than at this time last year, and buyer demand continues to set records. Zillow recently reported: “Newly pending sales are up 25.5% compared to the same week last year, the... Read More
Relatively inexpensive areas outside major cities—like El Dorado County, just east of Sacramento, and Camden County, across the river from Philadelphia—are gaining ground with homebuyers as New York City and San Francisco lose steam. Housing markets that offer homebuyers more bang for their buck and are... Read More