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Wild Swings in Interest Rates are Making Sellers Hesitate to List Their Homes

Wild Swings in Interest Rates are Making Sellers Hesitate to List Their Homes

by Leora Ruzin | Mar 21, 2023 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

According to Zillow’s latest market report, mortgage rates — both their high levels and wild swings are making life difficult for buyers and sellers. Relatively high rates have reduced new listings to record lows, leaving buyers with limited options. Any dips in...
Housing Market in Pennsylvania Remains Flat in February 2023

Housing Market in Pennsylvania Remains Flat in February 2023

by Leora Ruzin | Mar 21, 2023 | Industry Updates, Real Estate News, U.S. Housing Market, WRE News Exclusive

According to a report prepared for the Pennsylvania Association of Realtors, the February housing market remained steady compared to the prior month.   “January and February reflected similar numbers across the board,” said PAR President Al Perry....
Florida’s Housing Market Showed Signs of Heating Up in February 2023

Florida’s Housing Market Showed Signs of Heating Up in February 2023

by Leora Ruzin | Mar 21, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Florida’s housing market in February continued to show increasing inventory and higher median prices compared to a year ago, according to Florida Realtors’ latest housing data.   The report also shows that economic uncertainty, inflation, and interest...
10 Housing Markets Where Demand is Crashing Through the Floor

10 Housing Markets Where Demand is Crashing Through the Floor

by Third Party | Mar 21, 2023 | Real Estate News, U.S. Housing Market

Source: Yahoo! Finance —  The housing market has been running red hot recently as more Americans buy homes while the supply has decreased. But for those who have been scraping by financially and unable to buy a home at these high prices, you will be happy to...
10 most lucrative places where older Americans can sell their homes, maximize profit and retire elsewhere

10 most lucrative places where older Americans can sell their homes, maximize profit and retire elsewhere

by Third Party | Mar 21, 2023 | Real Estate News, U.S. Housing Market

Source: Market Watch PICKS —  It certainly pays to own a home before you reach your golden years. About 80% of Americans age 60 and over are homeowners, with housing wealth accounting for approximately 48% of their median net worth, according to a February 2023...
Credit Suisse brings US bank panic home for European real estate

Credit Suisse brings US bank panic home for European real estate

by Third Party | Mar 21, 2023 | International Real Estate News, Real Estate News

Source: The Business Times —  BRUISED by Covid, war and interest rate hikes, real estate investors at the Mipim conference in Cannes last week had a new topic on their minds: the alarming plunge of Credit Suisse, which threatened to bring a US bank meltdown to...
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