How More First-Time Homebuyers Are Successfully Navigating This Challenging Housing Market

Published by REALTOR.com | November 13, 2023 Despite the myriad obstacles in their way, first-time buyers made up about a third of those purchasing homes to live in, according to the National Association of Realtors® More first-time homebuyers have been successfully navigating the extremely pricey and challenging housing market. Despite the myriad obstacles in their …

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10 Strategies for Investing in Real Estate During an Economic Downturn

Published by Think Realty | October 29, 2023 Whether you own investment property or are considering entering the real estate market during a recession, it’s crucial to have a profit-maximizing strategy in place. The period of robust and consistent economic expansion since the pandemic seems to be coming to an end. Consumer prices continue to …

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Housing Costs Have Just Hit a ‘New Record’: Here’s What That Adds Up to in Dollars and Cents

Published by REALTOR.com | November 2, 2023 With mortgage interest rates hitting record highs not seen in decades and quickly approaching 8%, many might wonder: How much more does it actually cost to buy a house today? According to a new report by Realtor.com®, the monthly cost of financing 80% of a typical home jumped by $166 in …

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Expert: Fed’s Interest Rate Decisions ‘Destroyed’ Commercial Real Estate Market

Published by FOX Business | October 26, 2023 As the Fed continues its attempts to tame inflation, one real estate expert is sounding the alarm on interest rates destroying the commercial real estate industry as a result. Don Peebles, chairman and CEO of The Peebles Corporation, warned of uncertainty shrouding the future of the market …

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2023 Housing Market Projected to Have Fewest Sales Since 2008

Published by FOX Business | October 19, 2023 Economists project 2023 will mark the slowest home sales year since the housing bubble burst in 2008. Redfin estimated there will only be roughly 4.1 million sales of existing homes across the nation by year’s end due to persistently high mortgage rates — now hovering at 7.63% …

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