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‘Signs of a tipping point.’ Homebuyers now have about 20% more homes to choose from compared to a year ago, as home prices increasingly get cut

‘Signs of a tipping point.’ Homebuyers now have about 20% more homes to choose from compared to a year ago, as home prices increasingly get cut

by Third Party | Jul 10, 2022 | Industry Updates, Real Estate News, Uncategorized

Source: Marketwatch —  “Signs of a tipping point toward a greater balance between buyers and sellers are increasing,” wrote CoreLogic Deputy Chief Economist Selma Hepp in a statement in June. It was a quote that caught our eye, as we’ve heard from plenty of...
The housing market, at last, appears to be cooling off

The housing market, at last, appears to be cooling off

by Third Party | Jul 10, 2022 | Industry Updates, Mortgage Information, News/Current Events, Real Estate News

Source: Washington Post —  After a stunning rise in home prices enriched sellers and keyed up buyers into frantic bidding wars, there are signs that the U.S. housing market is starting to cool amid a surge of new inventory and higher interest rates. “For sale”...
What’s Up With the Crazy Housing Market?

What’s Up With the Crazy Housing Market?

by Third Party | Jul 10, 2022 | Industry Updates, News/Current Events, Real Estate News

Source: NY Times —  After a two-year boom, the United States housing market finds itself at a pivotal moment — but pivoting to what, exactly? This spring should have been a busy time for home sellers. Instead, the season was a dud, stalled by a dramatic spike in...
6 of the 10 housing markets in America most vulnerable to a downturn are in this state

6 of the 10 housing markets in America most vulnerable to a downturn are in this state

by Third Party | Jul 10, 2022 | Industry Updates, Mortgage Information, News/Current Events, Real Estate News

Source: Marketwatch —  Six of the 10 counties most vulnerable to a downturn are in New Jersey, according to a Special Housing Risk Report — which looked at the highest concentrations of the most at-risk markets in the first quarter of 2022 — released by ATTOM, a...
The housing market, at last, appears to be cooling off

The housing market, at last, appears to be cooling off

by Third Party | Jul 9, 2022 | Industry Updates, News/Current Events, Real Estate News

Source: The Washington Post —  After a stunning rise in home prices enriched sellers and keyed upbuyers into frantic bidding wars, there are signs that the U.S. housing market is starting to cool amid a surge of new inventory and higher interest rates. “For...
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