Top 10 national news for 2021
2021 has been a crazy year for real estate, and the Atlanta agent has it covered everything from Zillow Offers struggles and supply shortages to housing market statistics. Take a look at which stories from the year sparked the most interest from our readers.
Of the 99 million residential properties in the United States, about 1.4 million were unoccupied in the second quarter, with âzombieâ house rates increasing both quarterly (21%) and annually (5.6%).
Also in July, the median selling price of homes in the United States rose to $ 390,500, from $ 370,200 in June, according to the US Census Bureau and the Department of Housing and Urban Development.
Newly-elected President Biden has ordered the US Department of Housing and Urban Development to reconsider the Trump administration’s changes to the Obama-era fair housing rules.
News that Zillow was buying ShowTime for $ 500 million sent shock waves through the residential real estate industry in February.
Zillow announced in November that it was ending its iBuyer service, Zillow Offers, and cutting about a quarter of its workforce, citing the volatility created by the service for online brokerage as the motivation for the move.
The survey, released in August, found that 37% of those polled expected drones to be the most impactful technology in the next 24 months, followed by cybersecurity (34%), 5G ( 31%) and virtual reality (30%).
The Houzz 2021 kitchen trends study highlights post-pandemic must-haves.
In the four-week period ended July 11, the average weekly share of homes for sale with declining prices exceeded 4% for the first time since September 2020.
Special questions added to the National Association of Home Builders‘ monthly survey of home builders in May found that 90% or more of respondents had experienced shortages of plywood, oriented strand board, lumber and appliances. since most other materials are also difficult to find.
The national moratorium on evictions put in place by the Centers for Disease Control in 2020 has been overturned by the United States Supreme Court.