After more than 70 years on the throne, Queen Elizabeth II died on September 8.
Elizabeth II was Queen of the UK and other Commonwealth realms from 6 Feb. 1952 until her death in 2022.During her reign, Queen Elizabeth II was a steadfast figure in periods of extreme change in world affairs.
We join the United Kingdom, the 56 nations of the Commonwealth and the international community in mourning this great loss.

In memory of Elizabeth II, The Queen

In Memory of Elizabeth II, The Queen

mobile-happy-fourth

Happy Fourth Of July

To all great Americans around the world, a very Happy Fourth of July to you all.
This day is incredibly significant as the day the United States officially became its own nation.
Let’s celebrate America’s birthday with festivals, parades, fireworks and other festive activities.The 4th of July marks the day America became a country where people have a right to life, liberty, and the pursuit of happiness.

Happy fourth of July

Happy Fourth of July

Father's Day was celebrated for the first time in 1910.
This day reminds us about both the importance and the challenges of fatherhood.
And, we celebrate and recognize fathers for the profound impact they have on our lives.
Wishing you a Happy Father's Day on this day.

Happy father’s day

Happy Father’s Day

This day honors the brave men and women who have sacrificed their lives to defend America's freedom.It became an official federal holiday in 1971.
Americans observe Memorial Day by visiting cemeteries and memorials.

Honoring our nation's heroes on Memorial Day.

The national avg asking rent has decelerated compared to the pace of 2021, but otherwise marked new record gains in March 2022.
The avg growth rate ↑ 0.5% to 14.8% YoY, bringing the overall avg rent to an all-time high of ~$1.6K, ↑ $14.It’s expected that rent growth will moderate below 2021 levels, especially compared to the levels seen in Q2 2021.
Estimates put the number of new households formed in 2021 in the 2M range, while for 2022, household growth and absorption are expected to ↓ ~50%.

US multifamily report, March 2022

US Multifamily Report, March 2022

Mother's Day is a celebration honoring the mother of the family or individual, as well as motherhood, maternal bonds, and the influence of mothers in society.
The origins of commemorating motherhood dates back to the Ancient Greeks, where in spring festival, they celebrated the goddess Rhea, considered the Mother of the Gods.
Anna Jarvis’s lobbying of President Woodrow Wilson resulted in Mother’s Day becoming an official American holiday in 1914. 
Many other countries around the world also celebrate Mother's Day, including Canada, with festivities, dinners, pampering and gifts.

Happy Mother’s Day

65% of home offers faced competition in March, ↓ from 66.7% in February. 
Rising mortgage rates and home prices are prompting some Americans to back out or put their buying plans on hold. San Jose, CA had the highest bidding-war rate in March with 79.8% of offers facing competition. 
Meanwhile, fewer homebuyers requested services in SF, LA, Washington, D.C., Boston, and Seattle at the beginning of 2022.
Nashville and Honolulu saw the lowest bidding-war rates of all the metro areas analyzed in March.

Bidding wars finally slowed in March

Home prices rose nationwide, and the median price ↑ 15% YoY to $375K.
The drop in sales pushed supply up to -mo at the current sales pace, ↑ 11.8% MoM.
Sales fell in all regions except for the West, where they were flat.
The Midwest saw the biggest decline of ↓  4.5%, while in the South they ↓ 3%, the same as in the Northeast.
The Fed is moving to hike interest rates in 2022 to combat inflation, which will have effects across the economy.

Higher prices cooled US housing market in March

March 2022 was the hottest March ever for the housing market.
Homes sold at their fastest pace and for more above list price than any other March on record. 
The median home-sale price ↑ 6.2% MoM to an all-time high of $413K in March, the fastest since 2013.Economists believe the combination of surging mortgage rates and record-high home prices deeply affects the housing market.

Hottest March in housing history ends with signs of a cooldown

Hottest March In Housing History Ends With Signs Of A Cooldown

There are 4 things to consider when narrowing houses down:
Neighborhood
Price range
Minimum sq ft
Minimum bedroom count 
It’s a good idea to “save search” on Real Estate websites, with the desired features on desired neighborhoods, to save time.
In case of not being able to attend an open house, people can:
Request a private tour
Send a proxy
Make an offer sight unseen
It’s also a good idea to attend an open house tour while:
Being well-dressed
Leaving the kids at home
Not annoying the host
It’s important to ask about the structure of the building, any pending offers, the reason for selling, and what is included in the sale.
There are also red flags, including:
A super low price
Quick flips
Foundation cracks
Fresh paints
Too many air fresheners

How to win open houses?

How To Win Open Houses?

Single-family housing starts ↑ 5.7% from January’s revised estimate to 1,215M, while multifamily starts ↑ 0.8% to 501K.Altogether, the combined construction pace of single-family homes and buildings with five or more units ↑ 6.8% MoM, at 1,769M units.
While builders are continuing to push to meet demand, supply-side headwinds slow the home-building momentum.
Permits, a leading indicator of future starts, is down modestly MoM as builders grow concerned about affordability challenges ahead, as rates continue to rise.
But record low existing-home inventory and millennial demand is supportive of new construction.

Localized Real Estate Videos
to Win Leads using Massachusetts real estate Social Media Content

Sign Up to Add Your Branding to Social Media-Ready
Real Estate Videos

In Memory of Elizabeth II, The Queen

Happy Fourth Of July

Happy Fourth of July

Happy Father’s Day

Honoring our nation's heroes on Memorial Day.

US Multifamily Report, March 2022

Happy Mother’s Day

Bidding wars finally slowed in March

Higher prices cooled US housing market in March

Hottest March In Housing History Ends With Signs Of A Cooldown

How To Win Open Houses?

New-home construction picks up in February

Localized Real Estate Videos to Win Leads using Massachusetts real estate Social Media Content

Sign Up to Add Your Branding to Social Media-Ready Real Estate Videos

In Memory of Elizabeth II, The Queen

Happy Fourth Of July

Happy Fourth of July

Happy Father’s Day

Honoring our nation's heroes on Memorial Day.

US Multifamily Report, March 2022

Happy Mother’s Day

Bidding wars finally slowed in March

Higher prices cooled US housing market in March

Hottest March In Housing History Ends With Signs Of A Cooldown

How To Win Open Houses?

New-home construction picks up in February

Localized Real Estate Videos
to Win Leads using Massachusetts real estate Social Media Content

Sign Up to Add Your Branding to Social Media-Ready
Real Estate Videos