Diamond Realty Group News
iBuyers purchased the fewest homes in more than three years last quarter as the coronavirus pandemic put business on pause. But the market is now making a comeback, with iBuyers seeing a rebound in demand—and even bidding wars—from homeowners who are in search of quick cash and a... Read More
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Some Highlights With remote learning sweeping the nation this academic year, organized spaces with enough room for kids to learn effectively are high on buyer wish lists. If you’re trying to make room for your family’s growing needs, multi-purpose rooms and dedicated workspaces may be... Read More
Looking to save money? If your heart is set on building your own house from the ground up, rest assured that there are ways to lower the expenses entailed. Here’s some budget advice on how to build a house cheaply. (Feed generated with... Read More
Buying a home is one of the biggest decisions and purchases a person may make. Not only does it come with the financial responsibility of paying a mortgage, but also making sure to keep up on your home maintenance. If you are a homeowner it is important to... Read More
One of the biggest surprises of 2020 is the resilience of the residential real estate market. Lawrence Yun, Chief Economist of the National Association of Realtors (NAR), is now forecasting that more homes will sell this year than last year. He’s also predicting home sales to increase... Read More
The average mortgage payment is $1,275 on 30-year fixed mortgage, and $1,751 on a 15-year fixed mortgage. The median monthly cost of homeownership in the US is $1,556 per month, according to the most recent data from the Census Bureau’s 2018 American Community Survey. That cost includes not... Read More
Record-low inventory of homes for sale has “created a complete storm of insanity,” in small, affordable markets like Boise, which is seeing an influx of buyers leaving the West Coast. Key takeaways for the 4-week period ending August 30: Median home sale price increased 12% from 2019 to $318,473—the highest... Read More
Last Friday, the Bureau for Labor Statistics released their Employment Report for August 2020. The big surprise was that the unemployment rate fell to 8.4%, a full percent lower than what many analysts had forecasted earlier in the week. Though it is tough to look at this as... Read More
Ranch-style home, now asking $3M, appeared on first season of hit sitcom The mid-century Los Angeles home that appeared in the hit sitcom “The Golden Girls” is on the market for $3 million, according to the Wall Street Journal. (Feed generated with... Read More
The year 2020 will certainly be one to remember, with new realities and norms that changed the way we live. This year’s real estate market is certainly no exception to that shift, with historic highlights continuing to break records and challenge what many thought possible in the housing market. Read More
Another Los Angeles home with a Presley family pedigree is on the market. It’s not a former home of the King, but of his wife — actress Priscilla Presley. Presley was married to Elvis Presley from 1967 to 1973. She starred in three films in the “Naked Gun”... Read More
To all essential workers on this Labor Day, thank you. Read More