Published by REALTOR Magazine | February 9, 2023 A slowdown is now underway, says NAR Chief Economist Lawrence Yun. But don’t expect to see dramatic price drops. After three years of runaway home prices, buyers may soon find relief. In some markets, they may have already found it. The National Association of REALTORS’ latest quarterly …
Published by FOX Business | February 6, 2023 During the COVID-19 pandemic, home prices soared at a pace not seen since the 1970s with mortgage rates near a record low. A U.S. economist famous for predicting the 2008 housing crash believes that home prices could plunge another 15% this year. In a recent analyst note, Ian …
Economist Who Called 2008 Housing Crash Predicts Another 15% Drop in Home Prices Read More »
Published by FOX Business | February 1, 2023 The U.S. housing market is in for a rough year, according to the CEO of one private equity investment firm. The 30-year fixed mortgage rate dipped for the fourth week in a row to 6.19% this week from 6.23% last week. A year ago, the average rate …
Investment Firm CEO: U.S. Housing Market Seeing ‘Meaningful’ Damage That’s ‘Not Normal’ Read More »
Published by FOX Business | January 25, 2023 The Biden Administration recently announced new actions to ‘protect renters and promote rental affordability’ The White House announced it is taking strategic steps to protect renters, including setting up limits on egregious rate hikes. Critics, however, have called out the Biden administration’s one-size-fits-all program that makes changes …
White House Using One-Size-Fits-All Plan to Protect Renters at Landlords’ Expense Read More »
Published by The New York Post | January 24, 2023 As interest rates continue to skyrocket, home prices across the country have continued to plummet — and Goldman Sachs says the declines will only worsen and extend through 2023. In a note to clients earlier this month, Goldman Sachs forecasted that four American cities in particular …
Goldman Sachs: These 4 Cities Will Suffer a 2008 Crash in Home Values Read More »
Published by Breitbart News | January 20, 2023 The housing market has been weird for almost a year and now it appears to be on the verge of flipping that weirdness upside down. Sales of existing homes, the largest part of the market, have been declining for eleven months, largely as a result of the …
Breitbart: Home Sales Edge Toward a Topsy-Turvy Turning Point Read More »
Published by FOX Business | January 14, 2023 Moving companies say some hot spots are Texas, Florida, and the Carolinas. It’s a trend that’s continued since the pandemic; many Americans are moving to a different state. Moving companies say some hot spots are Texas, Florida, and the Carolinas. One moving company says retiring Baby Boomers are …
Texas, Florida, Carolinas Among Most Moved To States in 2022 Read More »
Published by REALTOR.com | January 12, 2023 December brought good tidings to homebuyers in the real estate market. Nationally, median home list prices dropped about 11% from their peak over the summer to hit $400,000 in December, according to a recent Realtor.com® report. While prices were still up by about 8.4% year over year in December, …
Home Price Growth Is Cooling Fast—Does It Spell a Big Break for Homebuyers This Year? Read More »
Published by Forbes.com | January 5, 2023 Concessions have made a comeback as rising mortgage rates, inflation and economic uncertainty have dampened home-buying demand In a key sign that the tide is turning in favor of home buyers, sellers gave concessions to buyers in 41.9% of home sales in the fourth quarter—the highest share of any …
A Record Share Of Home Sellers Gave Concessions To Buyers In The 4th Quarter Read More »
Published by FOX Business | January 6, 2023 Brian Lewis argues that there is ‘no national market’ on ‘The Claman Countdown’ One real estate expert issued a warning to Americans that the U.S. is suffering from a housing inventory crisis that could further damage the market. “Here’s the thing about America — we don’t have inventory. …
Harsh Warning on U.S. Real Estate Market: ‘America Needs More Housing’ Read More »
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