Aramco Report

The Blog
More homeowners trying out their green thumb

As Americans spent much of the last year in their homes, they sought outdoor spaces that helped them relax and test out their green thumbs. According to an article from Realtor Magazine, greenhouse manufacturers are reporting surging website traffic and demand over the past year. Orchids, succulent...

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Low down payment options help younger home buyers

The requisite 20 percent down payment on a home may become a thing of the past and more American homeowners leverage low down payment options to boost their buying power. In fact, according to a new report from the National Association of Realtors, the average down payment among all buyers is just 1...

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Forbearance loans see major drop in July

For the millions of Americans who opted in to a mortgage forbearance agreement with their lender at the beginning of the pandemic, the time is drawing near for them to resume mortgage payments. According to Black Knight, the number of homeowners in forbearance plans nationwide dropped by 189,000 lea...

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Despite surge in virtual home buyers, most online listings rely on old-school methods

After nearly a year and a half into a pandemic that has led to an unprecedented surge in online home shoppers, many real estate agents are still not stepping up their listings to fill the virtual void. According to a new study of 25,000 listings conducted by BoxBrownie.com, a virtual staging technol...

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Home sellers expected to keep making big gains

In the latest Fannie Mae Home Purchase Sentiment Index, a vast majority of those surveyed (77 percent) believe now is a good time to sell a home. This is up from 67 percent from last month. Nearly half of those surveyed believe that home prices will continue to increase over the next year, more posi...

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Selling tips and secrets to fetch top dollar

A new article from Realtor.com highlights some subtle but impactful ways home sellers can ensure they attract more buyers and get the best price for their property. Beyond just tidying up or fixing major structural flaws, these tips focus on the small things that may often be overlooked but can crea...

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High cost of construction puts pressure on new-home prices

Widespread shortages on materials needed to construct new homes has put unprecedent pressure on builders. According to the National Association of Home Builders, material prices have increased by 26 percent over the past year and these costs are being passed on to buyers. In May, the median price of...

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A modern-era victory for the Flintstone house

After a prolonged legal battle, a judge ruled last week that a Northern California homeowner will be allowed to keep her “Yabba Dabba Doo” sign and dinosaur statures on her front lawn. The town of Hillsborough had previously attempted to have Florence Fang, owner of the Flintstone inspired home, to...

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Eco-friendly home upgrades trending across U.S.

According to a recent survey, one out of every 10 homeowners in the U.S. was planning taking steps to make their homes more eco-friendly. A Porch study from 2020 suggests that one of the biggest investments homeowners are making in their attempt to go green is the installation of solar panels. Curr...

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Scrutiny over building safety grows after Fl. condo collapse

After the devastating collapse of a high rise in Surfside, Florida last month that killed at least 11 people and left 150 missing, regulators, construction industry professionals and the general public are all asking how it happened. According to a report, the Florida collapse is raising scrutiny on...

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