Photo Source: Instagram via @landshute

Thirty-four percent of properties that closed in January sold at or above list price, up from 31 percent a year ago. We can thank supply and demand, aka low inventory and high demand.

For the longest time Chinese buyers have made up the largest portion of foreign buyers, spending the most money. That’s changing as they take a step back due to their restrictions on spending outside of the country. Now, investors from other countries—Taiwan, Vietnam, Thailand, Dubai, Kuwait, Turkey—are filling the gap. Why? The stability and security of the U.S. market is on everyone’s radar.

Are manufactured homes the answer to the housing shortage? Some believe it might be but financing for such can come with a higher rate with a shorter loan term. The attractiveness: essentially a motor home, aka a starter home, the median price is only a fraction of a new single-family home.

Hall Financial (NMLS #1467435) was formed in early 2016, founded on a common mission: to be the most client focused mortgage company in the industry’s history. We were going to stop the trend of treating homeowners and homebuyers as transactions and instead, welcome them as family. We were going to treat them like the queen of England. Here, we bring you up to speed and keep you in the know with the latest housing news, home trends, and more!

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