Aramco Report

The Blog
Some home buyers waiting on the sidelines for market dip

The hyper-competitive housing market has been discouraging for some house hunters, so much so that a new survey shows that many are putting their search on hold for now. A new survey of 850 consumers from Opendoor shows that nearly four in 10 Americans who are looking to buy a home in the next year...

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Housing market cools slightly in August

An uptick in inventory giving buyers more options has led to a slight cooling of the housing market in August, according to new data. Although prices continue to accelerate at a rapid pace in some regions, like San Diego, the minor improvements are still welcome news for buyers. According to Zillow...

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Student loans are stopping first-time buyers cold

For millennials, student loan debt is the number one reason they are delaying their transition to homeowner. A new survey released by the National Association of Realtors found that 60 percent of non-homeowning millennials say college debt is hindering their ability to buy a home with most student l...

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Home flipping rebounds in Q2

For the first time in at least a year, the number of homes being flipped in the U.S. for a profit has increased. ATTOM announced in its second quarter 2021 U.S. Home Flipping Report that there were 79,733 single-family homes and condominiums flipped nationwide during Q2 2021. That represents nearly...

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Survey: homebuyers surprised by costs of home buying

The sticker shock some buyers experience isn’t just limited to the price of the home itself. According to a new survey from Realtor.com, the other costs associated with making a home purchase can catch some buyers off guard as well. Approximately 44 percent of homeowners report they weren’t aware o...

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Analysis: U.S. is short more than 5 million homes

The gap between home supply and demand in the U.S. is widening, according to a new report. The supply of homes for sale nationwide is near a record low – a fact well known to home buyers who noticed the slim pickings and high competition over the few available listings. Realtor.com released new rese...

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Report: Nearly 6 out of 10 home buyers face bidding wars

Approximately 58 percent of home offers written by Redfin agents in August faced competition. While that figure may seem overwhelming, it is actually a record low for 2021. In July, it was 62.1 percent and 74.3 percent in April. The rate of competition illustrates the challenges buyers face when mak...

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The best time to buy a home may be just around the corner

After a record hot summer in the housing market, homebuyers who struggled to nab a home over the past few months may soon find some relief. According to a new report from Realtor.com, the best time to purchase a home this year will be during the first full week of October. This expert prediction is...

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Buyers fight each other for competitive edge

Desperate times call for desperate measures. According to a new survey conducted by Qualia, a digital real estate closing platform, more home buyers are making concessions to get the home they want. Thirty percent of respondents claim that they paid more than anticipated on a recent home purchase. I...

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Homeowner equity reaches unprecedented levels

The value of homes in the U.S. continues to rise and this is translating in to record levels of equity homeowners have built up. According to new data from CoreLogic, the growth in home equity over the past few months is unprecedented. Data and Analytics President for CoreLogic Ben Graboske describ...

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