With ever-rising prices and plummeting inventory, buyers of US real estate face real challenges this year. But, despite these, homeownership remains the big American dream.
23-41 year-olds now make up the largest shares of buyers in the US real estate market.Find out why, what their preferences are and what this means for property investment considerations.
A recent report looks at the most over-valued US real estate markets and asks whether the current cycle is coming to its peak. The conclusion leads to the recommendation to rent rather than buy for the moment.
May saw the US housing market smash almost every record on the books. Sales and prices climbed to new highs and supply dropped to a historic low. Does this mean it has reached its peak? Read on to find out.
The latest estimates of the housing shortage in the US put the deficit at almost 4 million single-family homes. The strong demand for property increases the shortfall by over 50% in just threes years, highlighting the acute lack of inventory in the US real estate market.
US commercial real estate leads the world market with US metros taking 16 out of the top 30 positions. Canadians, South Koreans and Germans are the biggest investors with industrial property and multifamily residential the preferred property types.
The US real estate market starts the year on a strong note with the highest sales since 2006. Prices also soared by over 14% and inventory levels sank still further. Analysts point to a busy 2021 with buoyant sales through Q1 and Q2.
Higher prices, more expensive mortgages and an increase in sales form the basis of predictions for the US property market in 2021. This scenario has interesting implications for investors. Find out why in our latest news article.
Price hikes, lower inventory levels and fast sales in September set the tone for an unusually busy autumn for the US property market. Competition for homes will be fierce and many buyers will not be able to purchase the property they want. As a result, opportunities for buy-to-let investment will open up even further.
Four months after the start of the pandemic, the US real estate is showing strong recovery. In late July, it surpassed the 100 mark on the realtor.com index, indicating that it had returned to January levels. However, despite booming sales and rising prices, supply remains very low and it is very much a vendor's market.
Record buyer interest and surging house prices suggest that the US real estate market has recovered its pre-pandemic levels. And based on the latest figures, analysts are predicting the busiest summer ever, although buyers face a chronic lack of supply.
Even during stay-at-home recommendations, the US real estate market has continued to show signs of strength. Despite fewer listings and a slowdown in the time taken to sell property, house prices keep rising. Median prices for May registered the highest ever.
