Despite sharp cost increases in 2021, the decline in overall ROI in the 2022 report was a modest 1.2%, proving the resilience of the remodeling market. The 35th annual Cost vs. Value report by Zonda (JLC’s parent company) shows improvement projects that are on the exterior of the house continuing a multiyear trend of providing the
Who doesn’t love a pool in the summer? Rental properties with swimming pools are in high demand on platforms like Airbnb, and hosts are often able to charge a premium. But fluffy towels and comfortable chaise lounges aside, having a pool comes with a fair share of headaches — and liability. A majority of drownings in at-home
IRVINE, Calif. – July 14, 2022 —ATTOM, a leading curator of real estate data nationwide for land and property data, today released its Midyear 2022 U.S. Foreclosure Market Report, which shows there were a total of 164,581 U.S. properties with foreclosure filings — default notices, scheduled auctions or bank repossessions — in the first six months of 2022. That
June’s housing data shows why we needed higher rates Looking at the housing market in the years 2020-2024, one risk I identified early on was that home prices could accelerate more in this period than we saw in the previous expansion if inventory channels broke to all-time lows. I talked about having a 23% price-growth model for
Californians are taking a tip from Billy Joel, and they’re movin’ out. For every 37 moves into the Golden State, there are 100 California residents migrating out, according to moveBuddha, a moving company referral service and data reporter. In fact, California is the state with the second greatest outflow, second only to New Jersey. This tracks
As escalating mortgage rates and home prices shrink the pool of buyers, help your sellers understand why they’ll likely need to readjust their expectations. Home sellers had gotten used to setting sky-high asking prices, and voracious buyers were eagerly bidding them up even higher—until now. As the market shifts more in buyers’ favor, over