Diamond Realty Group News
Originally, some housing industry analysts were concerned that the mortgage forbearance program (which allows families to delay payments to a later date) could lead to an increase in foreclosures when forbearances end. Some even worried that we might relive the 2006-2008 housing crash all over again. Once you examine... Read More
DeSantis traveled to Panama City Monday to make the announcement. Gov. Ron DeSantis announced a $10 million housing loan program that could benefit hundreds of home buyers in the Florida Panhandle, which was devastated two years ago by Hurricane Michael. (Feed generated with... Read More
High-end home prices are showing strength during a recession as the coronavirus pandemic drives demand for extra bedrooms, home offices, big backyards and pools. The median sale price for luxury homes in the U.S. rose 1.2% year over year to $825,000 during the three months ending... Read More
The residential real estate market has definitely been the shining light in this country’s current economic situation. All-time low mortgage rates coupled with a new appreciation of what a home truly means has caused the housing market to push forward through this major health crisis. Let’s look at... Read More
Key takeaways for the 4-week period ending August 9: Home sale prices were up 10% year over year—the largest increase in over six years—to another new all-time high of over $314,000. Prices keep climbing month over month, bucking typical seasonality. 46% of homes had an accepted offer within the first... Read More
This can be achieved first by maintaining a diversified portfolio of investments and avoiding too much concentration in one asset or in one sector. Recessions are identified by two consecutive quarters of decreasing gross domestic product and tend to lead to increased unemployment, higher rates of loan delinquency... Read More
In today’s housing market, it can be a big challenge for buyers to find homes to purchase, as the number of houses for sale is far below the current demand. Now, however, we’re seeing sellers slowly starting to come back into the market, a bright spark for potential... Read More
Baseball star Alex Rodriguez and entertainer Jennifer Lopez are selling their Malibu home. Baseball star Alex Rodriguez and entertainer Jennifer Lopez are looking to shed a Malibu beach house they bought less than two years ago. The couple is asking $8 million for the three-story property on Malibu... Read More
Surging homebuyer demand has prompted some sellers to host open houses during the pandemic, but group showings remain much less common than normal due to coronavirus risk, Redfin agents say. Nationwide, 6% of homes that were put up for sale in July held an open house... Read More
There’s more demand—and less supply—for rural and suburban neighborhoods than cities as the pandemic influences homebuyer preferences. Still, prices are up 6.7% in urban areas. The housing market is hottest in less densely populated areas, with July data showing more buyer interest in rural and... Read More
The news these days seems to have a mix of highs and lows. We may hear that an economic recovery is starting, but we’ve also seen some of the worst economic data in the history of our country. The challenge today is to understand exactly what’s going on and... Read More
12 Budget-Friendly Ways to Make Your House Energy Efficient Now, more than ever, it’s imperative to take active measures to halt the consequences of climate change. 12 Budget-Friendly Ways to Make Your House Energy Efficient You can enjoy energy savings and reduce your carbon footprint by making some simple energy-efficient... Read More