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The Housing Market Has Started To Recover

The Housing Market Has Started To Recover

by Third Party | Jan 27, 2023 | Industry Updates, News/Current Events, U.S. Housing Market

Source: Redfin —  The housing market has begun to recover after hitting a low point in the second week of November. We’re not out of the woods yet, but homebuyers are coming off the sidelines: The number of Redfin customers requesting first tours has improved 17...
Here’s when US home price declines could end, Goldman Sachs says

Here’s when US home price declines could end, Goldman Sachs says

by Third Party | Jan 27, 2023 | Real Estate News, U.S. Housing Market

Source: New York Post —  The ongoing plunge in US home prices may be nearing its end, Goldman Sachs analysts said in a note to clients this week. Long-term mortgage rates have cooled by nearly a full percentage point after surging above 7% as the Federal Reserve...
The housing market recession could be bottoming out. What does it mean for home prices?

The housing market recession could be bottoming out. What does it mean for home prices?

by Third Party | Jan 27, 2023 | Real Estate News, U.S. Housing Market

Source: Yahoo! —  Fed Chair Jerome Powell made it crystal clear last summer: Spiking mortgage rates would help to “reset” the U.S. housing market, which had turned into a buyer’s nightmare during the pandemic. Of course, spiking mortgage rates...
After Years of Steady Price Increases, a Window Is Cracking Open for Buyers in Hong Kong

After Years of Steady Price Increases, a Window Is Cracking Open for Buyers in Hong Kong

by Third Party | Jan 27, 2023 | International Real Estate News, News/Current Events

Source: Mansion Global —  Hong Kong, often labeled as the world’s most expensive city, could be about to get a little less pricey, according to some local experts. As a result, the global city’s luxury housing market may present attractive opportunities for...
Canada: What’s Next For Commercial Real Estate In 2023?

Canada: What’s Next For Commercial Real Estate In 2023?

by Third Party | Jan 27, 2023 | Commercial Real Estate News, International Real Estate News

Source: Mondaq —  As we look ahead to 2023 with COVID-19 hopefully in the rearview mirror for the most part, we are seeing a number of predictions as to what is in store for 2023 and beyond. Rising interest rates, changing tenant demands and a cooling of the...
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