Brenda Richardson Senior Contributor

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So far Brenda Richardson Senior Contributor has created 35 blog entries.

Housing Markets That Still Remain Sellers’ Strongholds

The housing market has changed considerably in recent months as higher mortgage rates, rising inflation and economic uncertainty have sidelined many buyers. At the same time, sellers still have the upper hand in most markets throughout the country, according to this month’s Knock Buyer-Seller Market Index, which analyzes key housing market metrics to measure the

By |2022-09-30T09:52:42-07:00September 29th, 2022|Industry News|

A History-Making Hurricane Brings High Flash Flood Risk To More Than 7.2 Million Homes In Florida

As Hurricane Ian rips through Florida as one of the most powerful storms ever recorded in the U.S., CoreLogic, a data analytics provider, estimates that 7.2 million single- and multifamily residences with a combined total reconstruction value of $1.6 trillion are within the moderate and high flash flood risk bands, as forecasted by the National

By |2022-09-29T09:56:50-07:00September 28th, 2022|Industry News|

Hurricane Ian Threatens More Than 1 Million Homes Along The Florida Gulf

Slow-moving Hurricane Ian puts more than 1 million homes along the Florida Gulf Coast at risk of storm surge heights up to 10 feet and a reconstruction cost value of approximately $258.3 billion, according to CoreLogic, a global property data and analytics provider. These figures assume Hurricane Ian makes landfall as a Category 4 hurricane.

By |2022-09-27T09:52:03-07:00September 26th, 2022|Industry News|

Rents Drop For The First Time In Nearly Two Years As The Housing Market Cools

Housing markets that had the fastest growing rents over the last two years are now witnessing a dramatic pullback. None of the top 40 largest markets saw year-over-year asking rents expand in August, pointing to the overall deterioration of market conditions, according to Apartments.com. “After a 20-month run of positive monthly growth dating back to

By |2022-09-27T09:52:04-07:00September 26th, 2022|Industry News|

A Record Number Of Sun Belt Home Buyers Are Backing Out Of Deals

The pandemic ignited a home-buying frenzy as many people pursued buying a home in less expensive areas. But a quickly rebalancing housing market – brought about by sharp increases in mortgage rates that have pushed monthly payments beyond what many can afford – has caused home buyers and sellers to reset their expectations and shift

By |2022-09-26T09:54:40-07:00September 26th, 2022|Industry News|

Johnny Cash Fan Buys The Singer’s Home For More Than The List Price

The home that Johnny Cash built in rural Casitas Springs, California in 1961 as his quiet, easy-going place to escape from a busy recording and touring lifestyle went on the market in June for $1.795 million and has recently sold to a local buyer for $1.85 million—$55,000 over the asking price. The former owners had

By |2022-09-23T09:53:52-07:00September 22nd, 2022|Industry News|

Kim Kardashian Buys Cindy Crawford’s Former Malibu Oceanside Home For $70.4 Million

Kim Kardashian has lived in a variety of homes, but she always has stayed close to Los Angeles with homes in Beverly Hills, Beverly Grove, Bel Air and Hidden Hills. Now she is moving about an hour away to Malibu where she bought an oceanside estate that once belonged to supermodel Cindy Crawford. At $70.4

By |2022-09-22T09:52:13-07:00September 21st, 2022|Industry News|

Home Sales Fall For The Seventh Straight Month In August

Existing-home sales experienced a slight dip in August, marking the seventh consecutive month of declines, according to the National Association of Realtors. Month-over-month sales varied across the four major U.S. regions as two regions recorded increases, one was unchanged and the other posted a drop. On a year-over-year basis, however, sales fell in all regions.

By |2022-09-22T09:52:14-07:00September 21st, 2022|Industry News|

Towns Where Million-Dollar Homes Are Practically The Norm

It’s easy to make assumptions about small towns, whether they are laid-back communities in the shadow of more densely populated areas or that their housing is affordable for most home buyers. Home prices may seem as if they’re declining in some parts of the country, but that doesn’t change how dramatically they’ve risen over the

By |2022-09-21T09:56:12-07:00September 20th, 2022|Industry News|

Home Values Decline For Second Month In A Row As Competition Eases

The housing market landscape is vastly different than it was several months ago as potential home buyers and sellers continue to hesitate amid affordability challenges and mortgage rate swings exacerbating the housing cost roller coaster for buyers. Home values slipped for the second consecutive month as mortgage costs continue to sideline buyers, according to Zillow’s

By |2022-09-19T09:54:01-07:00September 19th, 2022|Industry News|
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