National Association of Realtors (NAR)

National Association of Realtors (NAR)

There are currently 199 blog entries related to this category.

January 2022 - Jean-Luc Andriot - Blog Post Image

Last year was one for the real estate history books. The pandemic helped usher in a buying frenzy that caused home prices to soar nationwide by a record 19.9% between August 2020 and August 2021.1

However, there were signs in the fourth quarter that the red-hot housing market was beginning to simmer down. In the month of October, only 60.3% of sales involved a bidding war—down from a high of 74.5% in April.2 While this trend could be attributed to seasonality, it could also be a signal that the real estate run-up may have passed its peak.

So what’s ahead for the U.S. housing market in 2022? Here’s where industry experts predict the market is headed in the coming year.

MORTGAGE RATES WILL CREEP UP

Most economists expect to see mortgage rates

1,322 Views, 0 Comments.

From Realtorcom $7.5M Beverly Hills Home of Late Kirk Douglas Comes With Ultimate Memorabilia for Jean-Luc Andriot blog 121021

 

The Beverly Hills estate belonging to the late Kirk Douglas has come on the market for $7,495,000.
The longtime home of the legendary actor and his wife, Anne Douglas, comes with outdoor tiles etched with the autographs of Hollywood royalty, including Frank Sinatra, Lucille Ball, Roger Moore, Elizabeth Taylor, and Jane Fonda.
The stars left their mark while attending dinner parties at the home, scrawling their signatures onto patio pavers. Along with the home, a buyer will acquire a backyard with a distinctive slice of Hollywood history.

Read on.

1,127 Views, 0 Comments.

From Realtor.com, Elon Musk Finds a Buyer for His $32M Estate in Hillsborough, CA for Jean-Luc Andriot blog 111721

Multibillionaire Elon Musk has landed a buyer for his Hillsborough, CA, home.
Listed for nearly $32 million, the 16,000-square-foot estate outside of San Francisco is pending sale.
In June, the tech entrepreneur announced on Twitter that he had decided to let go of “his last remaining house.”
The mansion “just needs to go to a large family who will live there. It’s a special place,” Musk said at the time.

Read on.

941 Views, 0 Comments.

September 2021 - Jean-Luc Andriot - Post 3

Selling your home when you still need to shop for a new one can feel daunting to even the most seasoned homeowner––especially when the demand for new homes keeps rising, but the supply feels like it's dwindling.¹ You're not alone either if you're already feeling drained by the complex logistics of trying to sell and buy a new home all at once.

Searching for a new home can be exciting, but many homebuyers admit that it can also be stressful, especially if you live in an unpredictable market with plenty of competitors. Unfortunately, waiting out a competitive housing market isn’t always the best idea either since listings are expected to remain limited in the most coveted neighborhoods for some time.²

That doesn't mean, though, that you should just

2,313 Views, 0 Comments.

From Realtor.com, John Steinbeck’s Sag Harbor, NY, Home on the Market for $16.75M for Jean-Luc Andriot blog 082421

The Nobel Prize-winning author John Steinbeck’s sweet retreat in Sag Harbor, NY, is on the market. The quaint cottage on 1.8 acres is available for $16,750,000.

Steinbeck purchased the home, built in 1953, with his third wife, Elaine, in the mid-1950s. He split his time between the waterfront property and his home on the Upper East Side until his death in 1968, the New York Times notes.

Read on.

973 Views, 0 Comments.