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Foreign Buyers Are Descending on Turkey’s Idyllic Coastal Town Kas

Foreign Buyers Are Descending on Turkey’s Idyllic Coastal Town Kas

by Third Party | Jan 16, 2023 | International Real Estate News, Real Estate News

Source: Mansion Global —  The seaside town of Kas in Turkey’s Antalya province has an alluring coastal location, romantic Mediterranean looks and a history dating back to the 6th century B.C. The serene resort town is set along a wide bay and the Çukurbag (or...
What will 2023 bring to the housing market? Predictions include price drops, ‘terrible consolidation,’ but better buyer balance

What will 2023 bring to the housing market? Predictions include price drops, ‘terrible consolidation,’ but better buyer balance

by Third Party | Jan 15, 2023 | News/Current Events, Real Estate Agent Tools, Real Estate News

Source: Deseret News —  If 2022 was a roller coaster year for the housing market, 2023 is expected to bring a painful but necessary real estate hangover. Nationally, a growing number of experts and firms are predicting U.S. home prices will fall, some expecting...
Mortgage repayments for new buyers now ‘close to pre-2008 levels’

Mortgage repayments for new buyers now ‘close to pre-2008 levels’

by Third Party | Jan 15, 2023 | Industry Updates, Real Estate News, U.S. Housing Market

Source: FT Adviser —  Mortgage repayments now make up nearly 40 per cent of a first-time buyer’s net take-home pay, which high street bank Nationwide has said is “close to the levels seen in the run up to the financial crisis”. Senior economist at the bank,...
Economist tells Denver real estate agents to prepare for a recession in middle of the year

Economist tells Denver real estate agents to prepare for a recession in middle of the year

by Third Party | Jan 15, 2023 | Real Estate News, U.S. Housing Market

Source: Denver Post —  Consumers have held a recession at bay for months now with their robust spending, fighting off the burden of rising prices and higher interest rates. But their resolve, not to mention their financial reserves, are waning and that could...
Real estate speculators during recessions and recoveries

Real estate speculators during recessions and recoveries

by Third Party | Jan 15, 2023 | Industry Updates, Real Estate News

Source: firsttuesday Journal —  This article explains why speculators — as a distinct type of real estate purchaser — profit disproportionately during a recovery, and what the next speculator increase means for California’s housing market. Why the spectacle? A...
Real estate brokerage leaders pessimistic about 2023

Real estate brokerage leaders pessimistic about 2023

by Third Party | Jan 15, 2023 | News/Current Events, Real Estate News

Source: MPA Mag —  Real estate brokerage leaders are rarely a pessimistic group, yet more than half believe the economy will deteriorate in 2023, according to a new report. The newly released Delta Real Estate Leadership Survey heard from more than 100 brokerage...
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