Source: Yahoo! Finance — The U.S. housing market is clearly slowing down. The Census Bureau’s statistics show that building starts dropped around 11% between Jan 2021 and Oct 2022 and dropped 6% in the twelve months to October. New home sales are down over 30%...
Source: GLOBEST.COM — Zillow made a series of what it called “bold predictions” about housing markets for the coming year. Unlike the title, what the company suggested is a series of deductions, either from their own or more common data and also trends many in...
Source: Yahoo! — If the U.S. residential housing market were a vehicle, it would be stuck in park right now. And while some opportunities may be coming that would allow investors to shift back into drive, the overriding consensus is to keep the car in the...
Source: CNBC — Lower mortgage rates are pulling some current homeowners back to the refinance market, but not enough to offset the drop in demand from homebuyers. Mortgage application volume fell 1.9% last week compared with the previous week, according to the...
Source: TechCrunch — The property industry now requires high-quality photographs, floor plans and virtual tours, so the industry for software providers in the space is booming. The whole area was accelerated during the pandemic, when many property viewings...
Source:The Motley Fool — The coming year could be ripe with real estate investment opportunities. 2022 wasn’t a fantastic year for investors across the board. The stock market fell 16% year over year, with several dips into bear market territory. Real...