Weekly Round Up: Real Estate Links We Love - Feb 3

Posted by Walnut Street Finance Team on Feb 3, 2018

This week’s real estate round up of links we love…


Nine of Redfin’s 10 Hottest Neighborhoods of 2018 are in San Jose

According to Redfin’s Hottest Neighborhood algorithm, which ranks neighborhoods based on increases in favorites and visits to home listings on Redfin.com, revealed that Silicon Valley tech workers migrating in search of more affordability, aren’t going far. Instead they are following the companies to their new locations. With that being said, Redfin compiled an additional list of “Hottest Neighborhoods Within Reach,” which used a modified methodology to identify increasingly popular neighborhoods that are more affordable. The result was a more geographically diverse set of neighborhoods, including two Washington, DC neighborhoods that are on our hotspots to watch list! Read Full Article Here

Redfin's 2018 Hottest Neighborhoods Within Reach

Homeownership Rate Rose in 2017 for First Time Since 2004

The U.S. homeownership rate rose in 2017 for the first time in 13 years, driven by young buyers who overcame rising prices, tight supply and strict lending conditions to purchase their first homes. The annual increase marks a crucial turning point because it comes after the federal government reined in bubble-era policies that encouraged banks to ease lending standards to boost homeownership...Read Full Article Here

Transformative Deanwood Development Projects Mapped Out

Deanwood, a Washington, DC neighborhood located in the Northeast corridor is really taking shape. In August 2017, Redfin considered it one of the hottest neighborhoods in the U.S. We also evaluated this neighborhood and labeled it as a neighborhood worth watching in 2018. Many new projects are on the horizon from affordable housing to retail… Read Full Article Here

What 2017 Can Teach You About Buying a House in 2018

Home flipping has picked up for the first time in three years, increasing 6.1 percent of all sales from 5.3 percent in 2015...Read Full Article Here

Va. homes market posts solid year; sales, prices increase in 2017

Virginia Economic Regions | Real Estate

Buoyed by a strong October and November and offset only slightly by a weaker December, the Virginia real estate market closed out the year with a 4.2 percent year over year jump in total sales and a increase, if slightly smaller, in median home sales price during the fourth quarter of 2017...Read Full Article Here

 

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Walnut Street Finance Team

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