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Showing posts with the label Affordable Housing Concerns

Real Estatin' The Facts Market News - 1/28/2022

   Here's the weekly round-up of news. Check it out, save it for later, and/or share it with your friends.  Buyers view record low number of homes before purchasing Source: National Assn. of REALTORS® Last year, home buyers viewed a median of eight homes before purchasing — the lowest number on record, according to research from the National Association of REALTORS®. That’s fewer than in 2009 and 2011, when housing inventory was more plentiful and buyers viewed a median of 12 homes before buying. Among the median eight homes viewed by buyers, three were viewed online only with the help of virtual and video tours as well as virtual open houses, according to NAR data.  READ MORE... Upgraded building codes help reduce wildfire risk Source: Market Watch Upgrading California’s building codes reduced the average risk of structural loss in a wildfire by roughly 40% for homes built in 2008 or later, as compared with a home built in 1990, researchers from University of California, San Diego