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Real Estate Trends: Pending Homes Sales Have Declined For Six Months Straight – Will Prices Finally Drop?

Real Estate Trends: Pending Homes Sales Have Declined For Six Months Straight – Will Prices Finally Drop?

by Third Party | Jan 8, 2023 | News/Current Events, U.S. Housing Market

Source: Housing Wire —  Key Takeaways November 2022 pending home sales decreased 4% compared to October and 38% compared to a year ago. Many factors are leading to the slowdown, including high interest rates, fears of a recession, and unprecedented home sales in...
Texas housing market: Everything you need to know

Texas housing market: Everything you need to know

by Third Party | Jan 8, 2023 | Real Estate Agent Tools, U.S. Housing Market

Source: Bankrate —  Texas, the country’s second-most populous state, is a top relocation destination for people seeking an affordable cost of living and below-average housing prices. In fact, Texas had the largest population growth of any U.S. state in 2021,...
Lumber market must weather a `treacherous’ 2023 after last year’s staggering 66% price crash as a US housing slump deepens

Lumber market must weather a `treacherous’ 2023 after last year’s staggering 66% price crash as a US housing slump deepens

by Third Party | Jan 8, 2023 | Industry Updates, U.S. Housing Market

Source: Insider —  Lumber prices plunged 66% last year as the once red-hot US housing market faltered – and the commodity’s troubles will likely continue in 2023, according to strategists. The Federal Reserve’s campaign to quell inflation fueled an...
Hawaiʻi sees more out-of-state homebuyers; Canadians, Californians purchase on Maui

Hawaiʻi sees more out-of-state homebuyers; Canadians, Californians purchase on Maui

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

Source: MauiNow —  More out-of-state residents bought Hawaiʻi houses in the first three quarters of last year compared with the same time in previous years, according to a state report. The report showed about 25% of single-family homes from January to September...
Got Cash? Opportunities Abound for Home Buyers in San Francisco

Got Cash? Opportunities Abound for Home Buyers in San Francisco

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

Source: Mansion Global —  The drumbeat of layoffs at companies such as Meta, Robinhood, Adobe, Salesforce and Twitter is especially loud in the San Francisco Bay Area, one of the most expensive housing markets in the U.S. and a major tech hub. While real estate...
MONTANA ADVISOR OFFERS COMMERCIAL REAL ESTATE PREDICTIONS FOR 2023

MONTANA ADVISOR OFFERS COMMERCIAL REAL ESTATE PREDICTIONS FOR 2023

by Third Party | Jan 7, 2023 | Commercial Real Estate News, U.S. Housing Market

Source: Missoula Current —  (Sterling CRE) In 2023, Montana CRE investors, owners, tenants and developers are seeking answers after a volatile year. As we look ahead, here are trends we predict will shape the commercial real estate market in Montana. Knowing...
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