Source: Fox Business — Billionaire businessman and The Perot Group and Hillman Chairman Ross Perot Jr. predicted a real estate slowdown on “Mornings with Maria” Wednesday, noting that rising inflation and interest rates are creating a...
Source: Redfin — Sun Belt metros are leading the way when it comes to building new homes–and they need them, with scores of buyers moving in from other parts of the country, causing inventory to dwindle and prices to surge. Austin, TX had 31.1 single-family...
Source: Apartment Therapy — If you’ve ever set foot in a home improvement store, you’ve probably noticed a lot of one material: wood. And you’ve probably noticed it in your own home, too — or perhaps even installed it yourself. Wood has many practical...
Source: Redfin — Measures of homebuying competition are plateauing as early-stage demand posts its biggest annual decline since April 2020. However, mortgage rates may have leveled off, which could prevent demand from dropping even further. The housing market...
Source: Fox Business — Pamela Liebman, president and CEO of The Corcoran Group, argued on Wednesday that the real estate industry is “desperate” for more inventory and if more homes become available, it “will really help everybody.” She...