News | SleeveUp Homes

August 9th, 2022

High Apartment Rents Leave People Without Savings

California’s rents climb through the roof. On average, the rent might climb by 10%. Real estate experts see inflation as the main contributing factor.

News

August 9th, 2022

Consumer Confidence the Lowest Since 2011

Fannie Mae’s index of consumer confidence is as low as 62.8 - down 13 points in just a year, and was only lower in 2011. Read more about it.

News

August 3rd, 2022

What Are the Most Recession-Resilient Metros in the US?

The Most Recession-Resilient Metros

News

August 2nd, 2022

More Early Demand Does Not Imply Increase in Home Sales

What came after the Fed’s half-point rate decrease? People are more opened to show interest in buying, but are still afraid to make an offer. Read this to find out why.

News

August 1st, 2022

Are Institutional Investors Leaving the Single Family Home Market for Trailer Parks?

American trailer parks are the last line of really affordable housing, but big-time investors are making it hard for residents with new rent increases.

News

August 1st, 2022

Private Homebuilders Are Stopping Housing Projects Due to Expensive Materials and Decreased Demand

Undersupplied real estate market is cooling down. Prices of building materials are still high, and homebuilders are pessimistic. What is the state of real estate today?

News

July 20th, 2022

Sales Agreements Are Falling Through at the Highest Rate Since the Pandemic

Around 60,000 purchase contracts fell through in June, which is around 15% of all homes that went under contract. Read this article to find out why.

News

July 20th, 2022

Homebuyers Are Moving to More Affordable Markets, Bringing High Inflation to Those Places

People from big coastal cities are moving to more affordable areas but bringing high prices with them. Homebuyers are moving to Miami and Tampa the most.

News

July 13th, 2022

San Francisco Rents Haven’t Bounced Back, but Are Still the Highest in the US

The Bay Area, leading with San Francisco, has the highest average rent in the country. However, this place has the slowest return to pre-pandemic prices. Do you want to know why?

News

July 12th, 2022

US Real Estate Market: Second Quarter Roundabout

We can see the cracks in the prices, lower demand, and record rates all in six weeks ending June. What was happening in the housing market for the last quarter?

News

July 7th, 2022

Second Home Buyers Unfazed by the Natural Disaster Risks

It is obvious that natural-disaster risks have little to no part in the decision-making process when it comes to second home buyers. Read this article and find out why.

News

July 7th, 2022

Did a Hot Market Push Out Contingencies out of the Sales Contract?

Recently, real estate agents have begun publicly advising buyers against one of the most threatening consequences of this market - waiving contingencies.

News

June 30th, 2022

New State Program Provides Down-Payment Loans to First-Time Buyers

State to Issue California Dream for All Program, to fund low-earning first-time buyers’ down payment. Around $1 billion is intended to go for this program each year.

News

June 28th, 2022

Is It Possible to Build Affordable Housing?

California is facing an affordability crisis. Direct government funding is aimed at building and renovating housing units, but it is getting unsustainable.

News

June 23rd, 2022

High Mortgage Rates Implications: Buyers Are Losing Spending Power

With the average mortgage rate above 5.8%, certain buyers have lost $120,000 of spending power, some even more.

News

June 22nd, 2022

Is This Housing Decline Similar to the Great Recession?

Real estate experts believe in the health of US economy. There are many arguments that support this claim, especially when we compare the 2007 and 2022 markets.

News

June 15th, 2022

What Real Estate Experts Think of the New California HOME Act

Senate Bill 9, also known as the California “HOME” Act is a part of the initiative against the housing crisis in this state. However, there is opposition to it.

News

June 14th, 2022

Luxury Home Sales Fall by Approximately 18%

The drop in the luxury housing market can be explained by the rising rates, higher taxes, and overall economic uncertainty.

News

June 9th, 2022

HUD Announces "Our Way Home" Initiative to Combat Housing Shortage

The HUD is planning to fight the historically large shortage of housing supply by implementing the Our Way Home initiative in local communities.

News

June 9th, 2022

Are New Homebuyers Regretting Their Purchases?

More than 70% of all homebuyers report that they felt pressure to lock in the mortgage rates, which could lead to a rise in buyers' remorse.

News