Real Estate Industry News & Insights
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Upbeat sentiments led the realty sector to end 2022 in high spirits
Source: Construction Week --- 2022 has been a great year in the history of the Indian real estate sector. After the setback of two years of slowdown, the real estate sector has gone through a tremendous transformation setting new record numbers in 2022. For the...
Meta updates property listing policy, riling agents
Source: The Real Deal --- Facebook Marketplace is becoming a less friendly hunting ground for real estate agents selling properties via social media. Facebook’s parent company, Meta, announced late last month a policy change to the social media site’s virtual selling...
How hot is the St. George area housing market? Median asking price rises to $762,500
Source: The Spectrum --- A typical Washington County home listed for $762,500 in May, up 0.2% from a month earlier, an analysis of data from Realtor.com shows. The median list home price in May was up about 15.7% from May 2021. Washington County's median home was...
More Americans Choose Real Estate as the Best Investment Than Ever Before
Source: Keeping Current Matters --- Americans’ opinion on the value of real estate as an investment is climbing. That’s according to an annual survey from Gallup. Not only is real estate viewed as the best investment for the ninth year in a row, but more Americans...
Bad Inflation Reports Raise Odds of Surprise 0.75-Percentage-Point Rate Rise This Week
Source: The Wall Street Journal --- A string of troubling inflation reports in recent days is likely to lead Federal Reserve officials to consider surprising markets with a larger-than-expected 0.75-percentage-point interest rate increase at their meeting this week....
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