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What’s The Outlook For The Housing Market?
Source: Forbes --- Key Takeaways Housing sales have fallen for the ninth consecutive month, with transactions down 28.4% compared to this time last year. Average prices have also come down, hitting $379,100 compared to $413,800 in June. It comes as mortgage rates...
Why the US housing market slowed at sharpest pace ‘since the financial crisis’
Source: New York Post --- The US housing market experienced its most significant slump since the Great Recession in October as surging mortgage rates crushed demand, real estate firm Redfin said in a monthly report this week. The number of pending home sales...
Additional Reading: Top Real Estate Industry News & Headlines
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Single Family Rental Returns Dip in Early 2022
Source: World Property Journal --- According to ATTOM's latest Single-Family Rental Market report, profit margins on 3-bedroom single-family home rentals are declining annually in 2022 across most of the United States, and are slightly more likely to decline in areas...
You May Want To Invest In Real Estate While You Still Can
Source: Yahoo Finance --- Large investors have dominated the commercial real estate market for practically ever, while average individuals have typically been able to find opportunities in the single-family and small multifamily space fairly easily. However, when a...
The last housing bubble missed Texas. Now the Lone Star State is home to the second most ‘overvalued’ housing market in the country
Source: Fortune --- Back in the early 2000s, housing speculators got suckered into believing that a shortage of supply would continue to propel U.S. home prices skyward, at a double-digit pace. Those investors, who were often home flippers, assumed the best bang for...
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