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Are All-Cash Buyers Dominating NYC Real Estate Market?

Are All-Cash Buyers Dominating NYC Real Estate Market?

by Leora Ruzin | Mar 3, 2023 | Industry Updates, Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

New real estate data and reporting recently revealed that nearly a third of U.S. homebuyers are sidestepping a mortgage and purchasing property via cash-only transactions, according to Redfin. This is a trend that is suddenly dominating big cities like Atlanta, Ga.,...
37,000 Acre Texas Ranch, owned by Oil Tycoon, Has Sold

37,000 Acre Texas Ranch, owned by Oil Tycoon, Has Sold

by Leora Ruzin | Mar 3, 2023 | News/Current Events, U.S. Housing Market, WRE News Exclusive

Located in the northeast corner of the Texas Panhandle, Mesa Vista stretches for over 100 square miles and almost 37,000 acres along 25 miles of the Canadian River. The compound includes a five-bedroom family house, an 11,500-square-foot lake house with three...
INSIGHT: US housing market to hit demographic wall by 2030s

INSIGHT: US housing market to hit demographic wall by 2030s

by Third Party | Mar 3, 2023 | Real Estate News, U.S. Housing Market

Source: ICIS —  CHARLOTTE, North Carolina (ICIS)–Demographics will weigh heavily on the long-term outlook for the US housing sector as a much smaller Gen Z population reaches prime home-buying age in the first half of the 2030s, according to an ICIS analysis....
REITS to Consider as U.S. Housing Market Tumbles

REITS to Consider as U.S. Housing Market Tumbles

by Third Party | Mar 3, 2023 | Real Estate Agent Tools, U.S. Housing Market

Source: Nasdaq —  As the dust settles and markets digest a dire realization, housing markets – which seemed to be the focus for investors and home buyers alike during the 2020-2022 period – are becoming an area of peril for some residents following...
Housing market on the rise? Why pending contracts for home sales have industry buzzing.

Housing market on the rise? Why pending contracts for home sales have industry buzzing.

by Third Party | Mar 2, 2023 | Real Estate News, U.S. Housing Market

Source: USA Today —  A slight decline in mortgage rates in December and January contributed to an improvement in pending home sales for a second consecutive month, according to data released Monday by the National Association of Realtors. The Pending Home Sales...
Pending home sales jump by most since June 2020 as housing market looks to rebound

Pending home sales jump by most since June 2020 as housing market looks to rebound

by Third Party | Mar 2, 2023 | Real Estate News, U.S. Housing Market

Source: Yahoo! News —  Signed contracts to buy existing homes in the U.S. rose in January in the largest monthly increase since June 2020, as the housing market sets course for rebound mode. The National Association of Realtors’ index of pending home sales...
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