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Housing Prices Likely to Have Slow Fall in 2023

Housing Prices Likely to Have Slow Fall in 2023

by Third Party | Dec 8, 2022 | Industry Updates, U.S. Housing Market

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%...
Zillow’s Predictions for the 2023 Housing Market

Zillow’s Predictions for the 2023 Housing Market

by Third Party | Dec 8, 2022 | Industry Updates, U.S. Housing Market

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...
Home Inventory Is Up And Prices Will Drop, But Buyers And Investors Have Left The Market

Home Inventory Is Up And Prices Will Drop, But Buyers And Investors Have Left The Market

by Third Party | Dec 7, 2022 | Industry Updates, U.S. Housing Market

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...
Mortgage demand falls again even as rates sink further

Mortgage demand falls again even as rates sink further

by Third Party | Dec 7, 2022 | Industry Updates, Mortgage Information, News/Current Events, U.S. Housing Market

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...
As demand for real estate VR booms, Founders Fund leads $16M round into Giraffe360 platform

As demand for real estate VR booms, Founders Fund leads $16M round into Giraffe360 platform

by Third Party | Dec 7, 2022 | Industry Updates, Real Estate Agent Tools, Real Estate News

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...
2023 Could Be an Explosive Year for Real Estate Investing. Here’s Why

2023 Could Be an Explosive Year for Real Estate Investing. Here’s Why

by Third Party | Dec 5, 2022 | Industry Updates, Real Estate Agent Tools

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...
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