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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...
Simple Ways To Invest in Real Estate
Source: Money --- Real estate investing is a great way to make extra money and build wealth over time. Although the real estate market might seem complex, you can choose your time horizon and how much effort you want to put in. Read on to find out how to invest in...
Real Estate Trends: Should You Buy A House In A Recession? Pros And Cons
Source: Forbes --- Key takeaways We may not currently be in a recession, but we are experiencing some atypical circumstances in our economy, especially the housing market. There are several reasons to consider buying a home during recessions - the two main reasons are...
20 young real-estate leaders forecast what’ll happen in 2023, from home prices finally dipping to the rise of the South
Source: Insider --- Real estate is an ever-changing industry where there is as much variety in jobs as there is in location. 2022 wreaked havoc on the housing market: Mortgage rates rose at a fast clip, bidding wars cooled, the Airbnb market shifted, and some...
Interactive map: The home price correction (or lack thereof) in the 400 largest U.S. housing markets
Source: Yahoo! Entertainment --- There's no doubt about it: We're in a sharp housing market downturn. Across the country, mortgage brokers and builders are scrambling as millions of potential buyers sit on the sidelines after last year's historic mortgage rate shock....
Calgary real estate sales break record despite late year slowdown
Source: Global News --- Real estate sales in Calgary saw record numbers in 2022, despite a December that was 31 per cent slower than the year before, according to the Calgary Real Estate Board (CREB). Calgary saw a record 29,672 sales in 2022, outperforming...
Seattle home prices will likely fall in 2023. That won’t help buyers
Source: The Seattle Times --- The new year will bring Seattle a new housing market, one without the runaway prices and jaw-dropping bidding wars, yet still difficult for anyone but the region’s wealthiest shoppers. Economists say home prices are likely to fall or...
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