Real Estate Industry News & Insights
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Home Flipping Declines Again Across U.S. During Third Quarter Of 2022 As Investor Profits Hit 13-Year Low
Source: ATTOM --- IRVINE, Calif. – Dec. 15, 2022 — ATTOM, a leading curator of real estate data nationwide for land and property data, today released its third-quarter 2022 U.S. Home Flipping Report showing that 92,422 single-family houses and condominiums in the...
Housing Market May Get Some Relief as Fed Eases Rate Hikes
Source: Newsweek --- The Federal Reserve voted to raise interest rates by half a percentage point on Wednesday, a slightly scaled-down increase after several consecutive hikes of .75 percentage points. The hikes have all been part of an attempt to ease soaring...
Redfin Advises Listing Sooner Rather Than Later, Pricing Slightly Below Recent Comps & Other Home-Selling Tips For a Changing Market June 2, 20
Source: Redfin --- The housing market is shifting from a red-hot seller’s market to one where buyers have some power. After nearly two years of a housing-supply shortage and bidding wars for most homes that did come on the market, higher mortgage rates and surging...
Homebuyer Competition Falls for Second Consecutive Month
Source: World Property Journal --- National property broker Redfin is reporting this week that 60.7% of home offers written by Redfin agents nationwide encountered competition on a seasonally adjusted basis in April, the lowest level since March 2021. That's down from...
Is The Housing Market About to Collapse? What Investors Need to Know
Source: Bigger Pockets --- It seems like every media outlet, and perhaps every person on Earth, is debating if the housing market is going to crash soon. While the truth is that no one really knows what’s going to happen, we can examine data and attempt to determine...
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