California homes sell at No. 2 per-square-foot price in US
Cassity Kmetzsch | Wealth of Geeks A recent study by PortlandRealEstate.com reveals the staggering home-price disparities across the United States. looking at the average cost per square foot of property in each state, it’s clear paradise comes at a high cost. Hawaii is at the top of the list, where homebuyers would need to shell...
Why Homeownership Wins in the Long Run
Today’s higher mortgage rates, inflationary pressures, and concerns about a potential recession have some people questioning: should I still buy a home this year? While it’s true this year has unique challenges for homebuyers, it’s important to think about the long-term benefits of homeownership when making your decision. Consider this: if you know people who bought a home 5, 10, or even 30...
Bright Ideas for Eye-Friendly Home Office Lighting
The goal is to illuminate the space in a way that best protects your eyes for long periods of time and encourages productivity Each week, Mansion Global tackles a topic with an elite group of designers from around the world who work on luxury properties. This week, we explored how to choose home office lighting....
Planning To Sell Your House? It’s Critical To Hire a Pro.
With higher mortgage rates and moderating buyer demand, conditions in the housing market are different today. And if you’re thinking of selling your house, it’s important to understand how the market has changed and what that means for you. The best way to make sure you’re in the know is to work with a trusted housing market...
Will My House Still Sell in Today’s Market?
If recent headlines about the housing market cooling and buyer demand moderating have you worried you’ve missed your chance to sell, here’s what you need to know. Buyer demand hasn’t disappeared, it’s just eased from the peak intensity we saw over the past two years. Buyer Demand Then and Now During the pandemic, mortgage rates hit record lows, and...
Two Reasons Why Today’s Housing Market Isn’t a Bubble
You may be reading headlines and hearing talk about a potential housing bubble or a crash, but it’s important to understand that the data and expert opinions tell a different story. A recent survey from Pulsenomics asked over one hundred housing market experts and real estate economists if they believe the housing market is in a bubble. The results indicate...
7 Secrets No One Tells You That’ll Help You Buy a House Right Now
Once upon a time, wannabe homebuyers could leisurely peruse a variety of properties in their price range, mull over their choices, put in an offer, and presume they’ll be moving in soon enough. But how things have changed! In today’s hot seller’s market, scads of desperate house-hunters scramble for limited inventory, paying sky-high prices to...
Single-Family Home Size Continues to Trend Higher
An expected impact of the virus crisis is a need for more residential space, as people use homes for more purposes including work. Recent data confirms this impact on the market continues to occur. According to third quarter 2021 data from the Census Quarterly Starts and Completions by Purpose and Design and NAHB analysis, median single-family square...
‘The Fever Has Broken’: Is the Housing Market Frenzy Really Going To Cool Off This Fall?
Over the next few weeks and months, the long-overheated U.S. housing market is expected to continue to cool off in the bracing chill of autumn. After a wild year of unprecedented price increases, a worsening shortage of homes for sale, and cutthroat bidding wars where offers six figures over the ask price weren’t uncommon, conditions...
10 Super Hot Home Trends That, TBH, Just Don’t Make Sense
Once a home trend gets started, it’s hard to leave it behind. As certain looks start popping up on your social feed and solidifying their place on the hot list, it’s tempting to hop on the bandwagon and buy into them, too. Yet design pros urge folks to think carefully about how they really live,...