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The real estate rager is over. Prepare for a housing hangover.

The real estate rager is over. Prepare for a housing hangover.

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

Source: MLive —  The housing market is cleaning up its wildest party in decades. Prices saw double-digit increases while days on the market were reduced to hours. But now we’re flipping on the lights and ending this rager. It’s time to go back to normal —...
What is a seller’s market?

What is a seller’s market?

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

Source: Bankrate —  In real estate, a seller’s market is just what the name implies: an overall market that favors sellers over buyers. If you want to sell your house, doing so in a seller’s market means you can likely price it relatively high and sell it...
How and When Will Housing Rebound?

How and When Will Housing Rebound?

by Third Party | Jan 14, 2023 | News/Current Events, U.S. Housing Market

Source: NAHB —  NAHB Chief Economist Robert Dietz recently provided this housing industry overview in the bi-weekly e-newsletter Eye on the Economy. Housing data for the end of 2022 illustrate a market continuing to weaken because of low housing affordability,...
US real estate market in ‘big trouble,’ expert warns

US real estate market in ‘big trouble,’ expert warns

by Third Party | Jan 14, 2023 | News/Current Events, U.S. Housing Market

Source: Fox Business —  As the Federal Reserve continues its hawkish market reset – which has contributed to a rise in interest and mortgage rates – real estate experts are sounding the alarm that “big trouble” lies ahead for the U.S. market....
What will U.S. house prices look like in 2023?

What will U.S. house prices look like in 2023?

by Third Party | Jan 14, 2023 | Real Estate News, U.S. Housing Market

Source: The Week —  Amid peaking prices due to inflation and murmurs of an upcoming recession, you might be wondering: What’s up with the housing market for 2023? Mortgage rates started to decline in the final weeks of 2022, and demand for housing is...
Good news for homebuyers: The housing market is showing signs of ‘normalizing’

Good news for homebuyers: The housing market is showing signs of ‘normalizing’

by Third Party | Jan 14, 2023 | Real Estate Agent Tools, U.S. Housing Market

Source: Market Watch —  The housing market is showing signs of ‘normalizing,’ according to a new report. The latest monthly report by Realtor.com, which tracks the housing market as of December, said that the number of home listings were growing and were also...
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