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US housing in 2023 won’t be a buyer’s market or a seller’s market
Source: Quartz --- The Federal Reserve hammered both sides of the housing market in 2022. Rising mortgage rates kept home purchases out of reach for many, while higher building costs made it difficult for sellers to reduce the prices of new homes. The National...
Housing Data Suggests a ‘Freeze’ in the Real Estate Market
Source: Globest --- Last week’s released housing data reflects a freeze in the real estate market, according to Patrick Carroll, CEO and founder, CARROLL Company. November’s U.S. housing starts data is continuing to decline and signals how 2022’s surge in mortgage...
How high did US inflation get this year and where is it headed in 2023?
Source: The Guardian --- Inflation soared in 2022 amid Covid-19, the war in Ukraine and a broken supply chain – but here’s what we can expect next. Just a few years ago, inflation seemed like an issue the US and many other major western economies had outgrown. “Is...
Here’s Why a Housing Recession Isn’t a Problem for American Homes 4 Rent
Source: The Motley Fool --- The single-family rental market is largely immune from the housing recession. One of the meta narratives this year has been the housing recession. Between rising mortgage rates and soaring home prices, there is an affordability crisis,...
Real estate in 2023: Best, worst locations to move to in the new year
Source: Fox Business --- El Paso, Texas, and Detroit may be the most affordable markets to move to in 2023, but that doesn't make them the best investment, according to Redfin chief economist Daryl Fairweather. Uncertainty surrounding the economy — coupled with high...
2023 set to be ‘a good year’ for home sales, Dearborn-area real estate agents say
Source: Press & Guide --- The residential real estate free-for-all is in the rearview mirror and buyers and sellers can expect greater market stability in the year ahead, according to local real estate professionals. Frenzied conditions that roiled the real estate...
6 Overlooked Investment Opportunities in Commercial Real Estate
Source: Entrepreneur --- In commercial real estate, smart owners exploit every available opportunity to maximize their net operating income (NOI) and create new, leverageable equity. Over time, small changes can generate millions of dollars in cash flow and added...
Is Real Estate Syndication The Right Investment Strategy For You?
Source: Forbes --- If you're interested in supplementing your primary income, investing in real estate can be the right avenue. Unlike most other income streams, real estate investments offer flexibility when it comes to your involvement. You can either be an active...
Mortgage rates keep downward trajectory to close out 2022: Freddie Mac
Source: Fox Business --- Last week, mortgage rates dropped for the sixth consecutive week as the market continues to react to positive economic indicators, according to Freddie Mac. The average rate for a 30-year fixed-rate mortgage fell to 6.27% for the week ending...
Affordability May Rebound in 2023, According to First American Real House Price Index
Source: Yahoo! --- SANTA ANA, Calif., December 26, 2022--(BUSINESS WIRE)--First American Financial Corporation (NYSE: FAF), a premier provider of title, settlement and risk solutions for real estate transactions and the leader in the digital transformation of its...
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