Source: Fox Business — U.S. home prices could tumble as much as 20% as the highest mortgage rates in two decades threaten to trigger a “deep global housing slide,” according to research from the Federal Reserve Bank of Dallas. The global housing...
Source: New York Post — The Big Apple has retained its crown as the world’s priciest housing market. New data has determined that, in 2022, more ultra-prime property transactions were conducted in New York City than anywhere else on Earth. On Wednesday, real...
Source: The Motley Fool — Residents in this state pay about three times the national median. The median U.S. homeowner pays 1.11% of their home’s value in property taxes each year. And based on 2021 home-price data, this translates to a median tax bill of...
Source: Realtor.com — Where are all the homes, anyway? Ever since the COVID-19 pandemic ignited a nationwide housing boom, wannabe buyers have been plagued by bone-dry home inventory levels in many markets—causing them to either wait on the sidelines for more...
Source: CoStar — JLL, the world’s second-largest real estate brokerage by revenue, reported declines in leasing and capital markets in its latest earnings report as the industry prepares for what executives hope will be a rebound in deal activity later...
Source: Antelope Valley Press — LANCASTER — Limited inventory is hitting the residential and commercial real estate markets, while the changing economic landscape is having a greater impact on the residential market, forecasters said during Friday’s Antelope...
Hits and Misses for the Real Estate Week of June 15-19
