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DeSantis warns over China real estate investments: ‘Gobbling up land’ not in Florida’s best interest

DeSantis warns over China real estate investments: ‘Gobbling up land’ not in Florida’s best interest

by Third Party | Jan 14, 2023 | Current News & Events, International Real Estate News

Source: Fox Business —  Florida Republican Gov. Ron DeSantis has sent a warning to Chinese investors to stay out of the Sunshine State and threatened to take additional action to drive out the Chinese Community Party’s (CCP) influence. “I applaud the...
How and When Will Housing Rebound?

How and When Will Housing Rebound?

by Third Party | Jan 14, 2023 | Current News & Events, U.S. Housing Market

Source: NAHB —  NAHB Chief Economist Robert Dietz recently provided this housing industry overview in the bi-weekly e-newsletter Eye on the Economy. Housing data for the end of 2022 illustrate a market continuing to weaken because of low housing affordability,...
The Fed’s ongoing housing market ‘reset’ sees buyer cancellation rate at one of the nation’s largest homebuilders spike to 68%

The Fed’s ongoing housing market ‘reset’ sees buyer cancellation rate at one of the nation’s largest homebuilders spike to 68%

by Third Party | Jan 14, 2023 | Current News & Events, Industry Updates

Source: Yahoo! —  Speaking to reporters in September, Fed Chair Jerome Powell was asked to clarify what he meant when he said spiking mortgage rates would cause a housing “reset.” The meaning, he said, was that the U.S. housing market would slip into...
US real estate market in ‘big trouble,’ expert warns

US real estate market in ‘big trouble,’ expert warns

by Third Party | Jan 14, 2023 | Current News & Events, U.S. Housing Market

Source: Fox Business —  As the Federal Reserve continues its hawkish market reset – which has contributed to a rise in interest and mortgage rates – real estate experts are sounding the alarm that “big trouble” lies ahead for the U.S. market....
What will U.S. house prices look like in 2023?

What will U.S. house prices look like in 2023?

by Third Party | Jan 14, 2023 | Real Estate News, U.S. Housing Market

Source: The Week —  Amid peaking prices due to inflation and murmurs of an upcoming recession, you might be wondering: What’s up with the housing market for 2023? Mortgage rates started to decline in the final weeks of 2022, and demand for housing is...
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