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Hawaiʻi sees more out-of-state homebuyers; Canadians, Californians purchase on Maui
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 of...
Got Cash? Opportunities Abound for Home Buyers in San Francisco
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...
‘It’s going to be different’: Real estate agent weighs in on the future of Fort Myers Beach
Source: Fox 4 Now --- FORT MYERS BEACH, Fla. — Before Hurricane Ian, the southwest Florida housing market was hot. Now, a Fort Myers Beach real estate agent says it's getting even busier as people decide whether to rebuild or sell their home. It begs the question:...
Home prices are going down and seller concessions on the rise, realtors say
Source: KGW8 News --- PORTLAND, Ore. — Portland real estate agents say the market is back into historical trends. The two-year home buying frenzy has slowed down as interest rates have hit nearly 7% - something that's stopped buyers from going all in on their future...
CoreLogic’s Major US Housing Market Trends of 2022
Source: Yahoo! Finance --- IRVINE, Calif., January 05, 2023--(BUSINESS WIRE)--CoreLogic, a leading global property information, analytics and data-enabled solutions provider, released the major U.S. housing trends wrap-up for 2022. Year-over-year home price...
Manhattan apartment sales plunge in fourth quarter as brokers fear a frozen market
Source: CNBC --- Manhattan apartment sales fell by 29% in the fourth quarter, sparking fears of a frozen market in which buyers and sellers stay on the sidelines due to economic and rate fears. There were 2,546 sales in the quarter, down from 3,560 last year,...
Here’s what to expect in the housing market this year
Source: CNN Business --- Washington, DCCNN — Last year was a wild ride in the US housing market. Mortgage rates doubled and sales plummeted, triggering the longest month-to-month slump on record. A lot of would-be buyers and sellers watched from the sidelines....
Housing market recession: Everything you need to know
Source: Capital.com --- What is a housing market recession? In general, a recession refers to a situation when the economy is witnessing a decline in activity. In addition, a fall in employment, income, retail sales and production also come into play, affecting the...
Millennial Homebuyers: What the 2023 Housing Market Looks Like for Gen Y and Gen Z
Source: US News --- Millennials were already having a hard time becoming homeowners, but as new data shows, 2022 only added fuel to the fire. According to the 2022 Profile of Home Buyers and Sellers report from the National Association of Realtors...
HOW TO BE THE REAL ESTATE PROFESSIONAL YOUR CLIENTS WILL RELY ON
Source: RisMedia --- For the last few years, real estate agents have been working virtually nonstop as buyers and sellers took advantage of a red-hot market. With the market now shifting, agents may feel they need to work even harder to keep their momentum going. This...
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