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Real Estate newsletter: Home prices are falling

Real Estate newsletter: Home prices are falling

by Third Party | Jul 24, 2022 | News/Current Events, Real Estate News, U.S. Housing Market

Source: LA Times —  Welcome back to the Real Estate newsletter. A few newsletters ago, I posed an innocent question: Are home prices finally falling? I wasn’t expecting an answer so soon, but thanks to a fresh batch of data, I can confirm that, yes, Southern...
Housing market enters recession territory. Here’s what that means

Housing market enters recession territory. Here’s what that means

by Third Party | Jul 24, 2022 | Industry Updates, Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market

Source: Deseret News —  If you’ve been paying attention to the U.S. housing market, you’ve likely seen words like “correction” and “recession” crop up more and more. Earlier this week, National Association of Home Builders CEO Jerry Howard warned on Fox...
Colorado, Utah, Idaho metros had the biggest share of sellers dropping home prices in June

Colorado, Utah, Idaho metros had the biggest share of sellers dropping home prices in June

by Third Party | Jul 24, 2022 | Industry Updates, News/Current Events, Real Estate News, U.S. Housing Market

Source: Fox Business —  A significant number of sellers around the U.S. are cutting prices as high mortgage rates and fears of a potential recession keep many prospective buyers at bay. A recent report by Redfin indicated over 25% of home sellers in...
THE GOOD & BAD NEWS OF TODAY’S REAL ESTATE MARKET

THE GOOD & BAD NEWS OF TODAY’S REAL ESTATE MARKET

by Third Party | Jul 23, 2022 | Industry Updates, News/Current Events, Real Estate News, U.S. Housing Market

Source: Front Porch News —  Unlike this Texas heat, things definitely cooled down in the real estate market! There’s been a big shift as interest rates continue to rise. It blows the mind to see it happen so quickly. More homes showed up on the market, as usual...
Block by block: Blockchain technology is transforming the real estate market

Block by block: Blockchain technology is transforming the real estate market

by Third Party | Jul 23, 2022 | News/Current Events, Real Estate News

Source: Cointelegraph —  Property is the world’s single largest store of wealth, and if the cryptocurrency and blockchain world is seeking an express route to mass adoption, it could do worse than partnering with the real estate industry.  According to a...
Did Home Sellers ‘Miss the Peak’? A Startling Sign the Panic Is Real

Did Home Sellers ‘Miss the Peak’? A Startling Sign the Panic Is Real

by Third Party | Jul 23, 2022 | Industry Updates, News/Current Events, Real Estate News

Source: Realtor —  Today’s housing market is changing so fast, it’s hard to keep up. To help, we’ve kicked off “How’s the Housing Market This Week?” In this new series, we highlight the latest facts and figures to know right now. From the number of listings to...
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