Real Estate Industry News & Insights
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Tech office leases slow to a ‘trickle’ in Seattle as real estate braces for impact of layoffs
Source: GeekWire --- Office building attendance in downtown Seattle this past November increased year-over-year from 15-20% to 35-60%, as more companies establish in-office mandates, according to a new report from CBRE. But only a “trickle” of tech tenants signed new...
Fannie Mae chief economist sees house prices falling in 2023 and 2024 — here are the warning signs that prices will drop in your city
Source: MorningStar --- Doug Duncan of Fannie Mae predicts how housing market perform in 2023, and reveals why he believes prices will fall this year The real-estate sector is in a quandary. The housing market was a wild rollercoaster ride that ended with a big fat...
Real estate market weathering ‘perfect storm’ for family homes: Carroll CEO
Source: Fox Business --- While the 30-year fixed mortgage rate might be slowing for the first time in a month, one real estate investor warns the market is still brewing a "perfect storm" for consumers – but especially single and multifamily homebuyers. "We are seeing...
‘Prices may dip’ in some markets: 5 economists and real estate pros on what to expect from this ‘in transition’ housing market
Source: MarketWatch --- Though mortgage interest rates have been slowly ticking up — with some pros saying we may see more of that (you can see the lowest mortgage rates you can get here) — summertime homebuyers have likely noticed that housing price growth doesn’t...
Housing Market Warning as Prices Suddenly Fall in One U.S. City
Source: Newsweek --- Continuously rising house prices have sparked warnings of a looming crash in the real estate market, but one analysis has shown that a city with soaring prices is already seeing a dip in property values over the last month. Data last month from...
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