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Layoffs, sluggish markets signal rough start to 2023

Layoffs, sluggish markets signal rough start to 2023

by Third Party | Jan 10, 2023 | Real Estate News, U.S. Housing Market

Source: The Real Deal —  The sky isn’t falling as we enter 2023 when it comes to real estate, but there aren’t a whole lot of rainbows up there, either. A number of stories last week point to the year shaping up to be a rough one. Compass, the No. 1 residential...
Buying a home became a key way to build wealth. What happens if you can’t afford to?

Buying a home became a key way to build wealth. What happens if you can’t afford to?

by Third Party | Jan 10, 2023 | Real Estate Agent Tools, U.S. Housing Market

Source: NPR —  Rebecca Bush started her home search in January of 2020. “I thought maybe I’ll find the perfect house in the next couple of months, and then it will line up with when my lease ends,” the 27-year-old says. “Obviously we all...
With the housing market ‘fizzled out,’ 2023 is off to the worst start in decades — but here’s why analysts are dreaming of a mild spring

With the housing market ‘fizzled out,’ 2023 is off to the worst start in decades — but here’s why analysts are dreaming of a mild spring

by Third Party | Jan 9, 2023 | Real Estate News, U.S. Housing Market

Source: Yahoo! —  Homebuyers hoping for a better climate in 2023 have longer to wait, as they now face the highest mortgage rates to start a new year since 2002. However, analysts remain hopeful that today’s volatile rates will stabilize in the coming months....
Redfin CEO predicts ‘terrible consolidation’ in the real-estate sector, but says it will ultimately be good for the industry

Redfin CEO predicts ‘terrible consolidation’ in the real-estate sector, but says it will ultimately be good for the industry

by Third Party | Jan 9, 2023 | Real Estate News, U.S. Housing Market

Source: Morning Star —  The real-estate sector is in crisis amid the housing downturn. Expect more pain to come before things start to normalize, one housing chief says The real-estate sector is in crisis amid the housing downturn. Expect more pain to come...
San Diego housing market 2023

San Diego housing market 2023

by Third Party | Jan 9, 2023 | Real Estate News, U.S. Housing Market

Source: Bankrate —  As we head into the new year, the housing market across the country has started to cool, thanks in large part to the Fed’s continual interest rate increases. Still, though, anyone who’s ever lived in California knows that real estate here is...
Redfin CEO predicts ‘terrible consolidation’ in the real-estate sector, but says it will ultimately be good for the industry

Redfin CEO predicts ‘terrible consolidation’ in the real-estate sector, but says it will ultimately be good for the industry

by Third Party | Jan 8, 2023 | International Real Estate News, U.S. Housing Market

Source: Market Watch —  The real-estate sector is in crisis amid the housing downturn. Expect more pain to come before things start to normalize, one housing chief says. “There’s going to be a terrible consolidation,” Glenn Kelman, CEO of real-estate brokerage...
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