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FEATURED REAL ESTATE NEWS & BLOGS
Home prices continue decelerating across country, per new report
Source: Bankrate --- Could housing prices finally be coming back down to earth? Home-price growth continued to decelerate for the sixth straight month in September 2022. S&P CoreLogic’s latest Case-Shiller U.S. National Home Price NSA Index, released November 29,...
Housing market has ‘further to fall’ as buyers walk away and sellers scramble for profit
Source: USA Today --- There's a reason sellers have had such a huge advantage over buyers over the past few years. The real estate market has lacked inventory in a very big way. Meanwhile, the supply of available homes began to dwindle at a time when mortgage...
‘Flatlined’ — or not? 5 economists and real estate pros on what will happen to the housing market next
Source: Market Watch --- The housing market is in flux. Home prices nationwide increased year-over-year by 11.4% in September 2022, according to CoreLogic. But on a month-over-month basis, home prices actually declined, dropping 0.5% from August to September of this...
Is Real Estate a Better Investment Than the Stock Market?
Source: A Wealth of Common Sense --- A reader asks: We own a cash-flowing rental property with a sub-3% mortgage with 28 years remaining. On the Aug 18th episode of Portfolio Rescue, Barry said “Real estate more or less returns zero net of inflation.” However, does...
News & Current Events
Home prices continue decelerating across country, per new report
Source: Bankrate --- Could housing prices finally be coming back down to earth? Home-price growth continued to decelerate for the sixth straight month in September 2022. S&P CoreLogic’s latest Case-Shiller U.S. National Home Price NSA Index, released November 29,...
Wait, What? Wharton Professor Jeremy Siegel Says The Housing Market Is Going To Do This
Source: Yahoo! --- Jeremy Siegel, a professor at Wharton, predicts that the housing market will see negative growth as a result of future Federal Reserve interest rate increases that will raise mortgage rates even further. Due to the average rate for a 30-year fixed...
U.S. to Back $1 Million Mortgages. Affordability Is Still an Issue.
Source: Barron's --- In another sign of the pandemic’s rapid home price appreciation, the government today said it will back mortgages up to about $1.1 million in high-cost areas. The 2023 value limit for most conforming mortgages for one-unit properties will be...
Federal government will back $1 million mortgages for the first time
Source: CBS News --- For the first time, the federal government will back mortgages of more than $1 million, a move that reflects the run-up in home prices across much of the nation. The Federal Housing Finance Agency (FHFA) on Tuesday said the maximum size of...
Industry Updates
Home prices continue decelerating across country, per new report
Source: Bankrate --- Could housing prices finally be coming back down to earth? Home-price growth continued to decelerate for the sixth straight month in September 2022. S&P CoreLogic’s latest Case-Shiller U.S. National Home Price NSA Index, released November 29,...
Housing market has ‘further to fall’ as buyers walk away and sellers scramble for profit
Source: USA Today --- There's a reason sellers have had such a huge advantage over buyers over the past few years. The real estate market has lacked inventory in a very big way. Meanwhile, the supply of available homes began to dwindle at a time when mortgage...
U.S. Housing Market Moves Closer to Favoring Buyers; Sellers’ Markets Show No Sign of Slowing Down
Source: PR Newswire --- Knock Buyer-Seller Market Index shows that nation's largest housing markets did not favor buyers or sellers in October The shift toward buyer-favorability is occurring in neutral and more-buyer friendly markets, while the hottest sellers'...
Home Prices Drop for Third Straight Month as US Market Cools
Source: Bloomberg --- The US housing market pulled back even more in September, with prices slipping 1.2% from a month earlier. It was the third straight decline for the seasonally adjusted measure of prices in 20 large US cities, according to the S&P CoreLogic...
About Weekly Real Estate News
Weekly Real Estate News was founded by real estate professionals who are passionate about the industry. With the fluctuations in the market and ever-changing trends, they felt first-hand the need for a better news source designed specifically for real estate professionals.
WRE News publishes the top syndicated articles from the real estate industry every week, as well as inviting real estate gurus to write expert real estate blogs and advice for realtors, lending experts, their clients, and more.
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Housing market has 'further to fall' as buyers walk away and sellers scramble for profit
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https://wrenews.com/?p=20195
‘Flatlined’ — or not? 5 economists and real estate pros on what will happen to the housing market next
#realestate
https://wrenews.com/?p=20190
More of Your Paycheck Is Going to Pay Rent. Which Cities Are Keeping Pace?
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https://wrenews.com/more-of-your-paycheck-is-going-to-pay-rent-which-cities-are-keeping-pace/