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The worst is over for the US housing market – and prices will stop crashing within 6 months, Goldman Sachs says

The worst is over for the US housing market – and prices will stop crashing within 6 months, Goldman Sachs says

by Third Party | Jan 26, 2023 | Real Estate News, U.S. Housing Market

Source: Insider —  The end is in sight for the US housing market’s troubles, according to Goldman Sachs. Strategists at the US bank said this week that easing mortgage rates are likely to help the market find a floor within six months – with prices likely...
Goldman Sachs says 4 US cities will suffer a 2008 crash in home values

Goldman Sachs says 4 US cities will suffer a 2008 crash in home values

by Third Party | Jan 26, 2023 | Industry Updates, Real Estate News

Source: Fox Business —  Goldman Sachs expects home values to worsen through 2023 amid continued skyrocketing interest rates and declining housing prices. The firm wrote to clients earlier this month that it predicts four U.S. cities will suffer the most...
US housing affordability hell ‘can’t beat’ the Florida heat

US housing affordability hell ‘can’t beat’ the Florida heat

by Third Party | Jan 26, 2023 | Real Estate News, U.S. Housing Market

Source: Fox Business —  With rising mortgage rates and home prices staring homeowners down in 2023, Sun Belt residents are expressing their gratitude for making the historic exodus when they did. “The people are nice, you can’t beat the weather and...
Auto, real estate businesses targeted by Facebook Marketplace change to online listings

Auto, real estate businesses targeted by Facebook Marketplace change to online listings

by Third Party | Jan 25, 2023 | Industry Updates, Real Estate News

Source: Springfield News-Leader —  Brad Sims is the owner of S&A Motorsports, a used auto dealership in Springfield. He sells between 10 to 15 vehicles a month, with the majority of his sales coming from listings he makes on Facebook Marketplace. Sims said...
Starter Home Prices Are Soaring and Luxury Is in a Slump—What’s Going On?

Starter Home Prices Are Soaring and Luxury Is in a Slump—What’s Going On?

by Third Party | Jan 25, 2023 | Real Estate News, U.S. Housing Market

Source: Realtor.com —  For those navigating America’s residential real estate market, it’s lately felt a bit like an out-of-control cargo train, ever threatening to veer off the tracks—stomach-churning price accelerations followed by interest rate hikes slamming...
Market confidence rising among home builders

Market confidence rising among home builders

by Third Party | Jan 25, 2023 | Industry Updates, Real Estate News

Source: Bankrate —  Confidence in the housing market is still fairly low among U.S. home builders, but it’s on the rise. According to the most recent National Association of Home Builders/Wells Fargo Housing Market Index, released January 18, builder confidence...
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