Real Estate News & Insights
$21.5 Million Sale of Charleston Mansion Breaks City Record
The property at 51 East Bay Street encompasses four structures totaling over 15,700 square feet. Continue Reading $21.5 Million Sale of Charleston Mansion Breaks City Record
Whitestone REIT Acquires 90,000 SF Dallas-Area Shopping Plaza
In addition to World Cup Plaza, Whitestone also owns four other shopping centers nearby. Continue Reading Whitestone REIT Acquires 90,000 SF Dallas-Area Shopping Plaza
Why You Shouldn’t Fear Today’s Foreclosure Headlines
Source: Keeping Current Matters --- If you’ve seen recent headlines about foreclosures surging in the housing market, you’re certainly not alone. There’s no doubt, the stories in the media can be pretty confusing right now. They may even make you think twice about...
US housing market shows early signs of recovery as demand rises
Source: Fox Business --- The housing market is showing early signs of recovery with pending sales of U.S. homes climbing for the first time in a year, according to new data from Redfin. Pending home sales rose 3% in December, the first month-over-month increase since...
Here’s when US home price declines could end, Goldman Sachs says
Source: New York Post --- The ongoing plunge in US home prices may be nearing its end, Goldman Sachs analysts said in a note to clients this week. Long-term mortgage rates have cooled by nearly a full percentage point after surging above 7% as the Federal Reserve...
The housing market recession could be bottoming out. What does it mean for home prices?
Source: Yahoo! --- Fed Chair Jerome Powell made it crystal clear last summer: Spiking mortgage rates would help to "reset" the U.S. housing market, which had turned into a buyer's nightmare during the pandemic. Of course, spiking mortgage rates wouldn't magically...
How Much Does It Cost to Cut Down a Tree?
Source: US News --- As a homeowner, you may be able to tackle lawn maintenance and small landscaping projects, but tree removal, no matter the size, is no easy task. A professional tree service will cut down the tree and remove it for you, but prices for these...
Survey finds Americans wildly misinformed on housing market
Source: The Hill --- A new survey finds Americans are woefully misinformed about the nation’s mercurial housing market, even as millions of them prepare to buy homes. Twenty-eight million Americans plan to purchase a home in 2023, according to a survey released...
The worst is over for the US housing market – and prices will stop crashing within 6 months, Goldman Sachs says
Source: Insider --- The end is in sight for the US housing market's troubles, according to Goldman Sachs. Strategists at the US bank said this week that easing mortgage rates are likely to help the market find a floor within six months – with prices likely to have...
Goldman Sachs says 4 US cities will suffer a 2008 crash in home values
Source: Fox Business --- Goldman Sachs expects home values to worsen through 2023 amid continued skyrocketing interest rates and declining housing prices. The firm wrote to clients earlier this month that it predicts four U.S. cities will suffer the most catastrophic...
US housing affordability hell ‘can’t beat’ the Florida heat
Source: Fox Business --- With rising mortgage rates and home prices staring homeowners down in 2023, Sun Belt residents are expressing their gratitude for making the historic exodus when they did. "The people are nice, you can't beat the weather and just the climate...
Auto, real estate businesses targeted by Facebook Marketplace change to online listings
Source: Springfield News-Leader --- Brad Sims is the owner of S&A Motorsports, a used auto dealership in Springfield. He sells between 10 to 15 vehicles a month, with the majority of his sales coming from listings he makes on Facebook Marketplace. Sims said as a...
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