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USA – Housing Market Overvalued Due to Unpriced Flood Risks, Says Study

USA – Housing Market Overvalued Due to Unpriced Flood Risks, Says Study

by Third Party | Feb 22, 2023 | Industry Updates, Real Estate News, U.S. Housing Market

Source: FloodList —  A recent study has found that the housing market in the USA is overvalued by as much as $237 billion due to unpriced flood risk. The increasing cost of flooding under climate change has led to growing concerns that housing markets are...
Redfin and Zillow Group financial reports reveal broader housing market trends

Redfin and Zillow Group financial reports reveal broader housing market trends

by Third Party | Feb 22, 2023 | News/Current Events, U.S. Housing Market

Source: GeekWire —  The latest financial reports from Zillow Group and Redfin demonstrate ongoing wariness within the U.S. real estate market. Both companies expect revenue from key business segments to decline year-over-year in the first quarter. Zillow...
The Great Slowdown: These Are the U.S. Cities Where Home Sales Are Down the Most

The Great Slowdown: These Are the U.S. Cities Where Home Sales Are Down the Most

by Third Party | Feb 22, 2023 | Real Estate News, U.S. Housing Market

Source: Realtor.com —  If the housing market of just a year ago still seemed to be moving at quantum speed, today it’s more akin to an interminable traffic jam—with no exit ramps or HOV lanes in sight. As higher mortgage rates have made buying a home ever more...
Billionaire Grant Cardone says he and other real estate investors will ‘save the day’ and prevent a home price crash

Billionaire Grant Cardone says he and other real estate investors will ‘save the day’ and prevent a home price crash

by Third Party | Feb 22, 2023 | Real Estate News, U.S. Housing Market

Source: Insider —  Rapid home-price growth and soaring mortgage rates led to a dramatic downturn in housing demand throughout 2022, leading experts to speculate that the entire US real estate market could implode. While the housing slump is escalating this year,...
Real estate as an economic bogeyman

Real estate as an economic bogeyman

by Third Party | Feb 22, 2023 | Industry Updates, Real Estate News

Source: Dawn —  Real estate plays the role of a bogeyman in Pakistan’s economy because of its large-scale monetary ramifications, various manipulations, overpricing and artificial growth. Prevailing speculation, the lack of transparency and regulation in the...
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