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Economist tells Denver real estate agents to prepare for a recession in middle of the year

Economist tells Denver real estate agents to prepare for a recession in middle of the year

by Third Party | Jan 15, 2023 | Real Estate News, U.S. Housing Market

Source: Denver Post —  Consumers have held a recession at bay for months now with their robust spending, fighting off the burden of rising prices and higher interest rates. But their resolve, not to mention their financial reserves, are waning and that could...
The real estate rager is over. Prepare for a housing hangover.

The real estate rager is over. Prepare for a housing hangover.

by Third Party | Jan 15, 2023 | Industry Updates, U.S. Housing Market

Source: MLive —  The housing market is cleaning up its wildest party in decades. Prices saw double-digit increases while days on the market were reduced to hours. But now we’re flipping on the lights and ending this rager. It’s time to go back to normal —...
Real estate speculators during recessions and recoveries

Real estate speculators during recessions and recoveries

by Third Party | Jan 15, 2023 | Industry Updates, Real Estate News

Source: firsttuesday Journal —  This article explains why speculators — as a distinct type of real estate purchaser — profit disproportionately during a recovery, and what the next speculator increase means for California’s housing market. Why the spectacle? A...
What is a seller’s market?

What is a seller’s market?

by Third Party | Jan 15, 2023 | Real Estate Agent Tools, U.S. Housing Market

Source: Bankrate —  In real estate, a seller’s market is just what the name implies: an overall market that favors sellers over buyers. If you want to sell your house, doing so in a seller’s market means you can likely price it relatively high and sell it...
Zillow, Redfin, and the real estate market: 5 trends to watch in 2023

Zillow, Redfin, and the real estate market: 5 trends to watch in 2023

by Third Party | Jan 15, 2023 | Industry Updates, Real Estate Agent Tools

Source: GeekWire —  The once high-flying real estate market sputtered in 2022, dragging many real estate tech companies down with it. The sudden swing pushed companies to cut costs, which included layoffs and shifts to their business models. Seattle giants...
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