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‘We’re Not In A Frenzy Anymore,’ Real Estate Agent Says Amid Home Sellers Pulling Properties Off The Market
Source: Yahoo! --- According to Redfin Corp (NASDAQ: RDFN) data, a record number of houses are being delisted as sellers confront a significant reduction in interest. During the three months ending Nov. 20, 2% of houses for sale were delisted without being sold,...
The 10 best real estate markets of 2023: Goodbye COVID boomtowns, hello mid-sized markets
Source: USA Today --- After a sudden slowdown in many housing markets this year, will markets that are "slow and steady" shine in 2023? Midsize markets, which saw lower price increases and less of an affordability crunch than others, are poised to see the strongest...
US Real Estate Prices Could Plunge 20%, “Severe” Recession Possible : Dallas Fed
Source: Better Dwelling --- US home prices made lofty gains over the pandemic—a bigger run up than the one seen before the Great Recession. It’s going to be difficult to not see a significant chunk of those gains given back to the market, warned the Dallas Fed....
270,000 homebuyers who bought in 2022 are underwater on their mortgage
Source: Yahoo! News --- About 270,000 homebuyers who bought during the red-hot housing market this year already owe more than their house is worth, a new analysis found. Among the 450,000 underwater borrowers in the third quarter, nearly 60% had mortgages originated...
As demand for real estate VR booms, Founders Fund leads $16M round into Giraffe360 platform
Source: TechCrunch --- The property industry now requires high-quality photographs, floor plans and virtual tours, so the industry for software providers in the space is booming. The whole area was accelerated during the pandemic, when many property viewings migrated...
9 Most Common Benefits of Homeownership
When it comes to buying a home, there are numerous perks that you should consider—financial stability, financial strength, and tax deductions, to name a few. Also, owning a house means you have a permanent home and, most importantly, a sense of belonging in your...
Should You Use a Buyer’s Agent?
Source: US News --- Buying a house can be one of the most difficult and complicated purchases you make in your lifetime. Not only is the amount of money you’re dealing with substantial, the many, many legal ins and outs of real estate transactions can be confusing...
2023 Could Be an Explosive Year for Real Estate Investing. Here’s Why.
Source: Crossroads Today --- 2022 wasn’t a fantastic year for investors across the board. The stock market fell 16% year over year, with several dips into bear market territory. Real estate didn’t fare much better. The median home price reached its highest point in...
4 Housing Truths Buyers and Sellers Are Struggling to Face
Source: The Ascent --- It's been a wild couple of years for the housing market. For starters, home values have climbed since the buying boom that started not long after the COVID-19 pandemic hit the U.S. in spring 2020. According to data from the Federal Reserve Bank...
Who gets higher real-estate prices, owners or agents?
Source: Washington Post --- It’s time to take a few steps back, build up a head of steam and dive headfirst into our favorite descriptive data sets and reader questions. Here’s the latest Data Dive! Owners vs. agents: Who sells it best? Do for-sale-by-owner sellers...
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