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High Country Real Estate Part IV: Everything is Relative
Source: High Country Press --- It’s hard to miss all the doom and gloom in the media regarding the economy lately. Traditionally, when the media evaluates the economy they talk about two things: unemployment and the housing market. However, the pandemic from 2020...
Long-distance real estate investment in residential properties a hotbed in US South and Midwest
Source: Fox Business --- The rising cost of living and long-term price increases of residential properties in U.S. coastal markets is pushing out-of-state real estate investors into America’s southern and Rust Belt cities. Metropolitan areas including San...
US Housing Supply Continues to Lag Household Formations; Multifamily Construction Offers Alternatives
Source: Realtor.com --- Highlights: US housing markets continue to struggle with a sizable shortage of new homes, a result of more than a decade of under-building relative to population growth. In 2022, the U.S. saw 2.06 million household formations, resulting in 15.6...
Austin Housing Market Forecast
Source: US News --- Given the enormous popularity of the greater Austin, Texas, area for online searches, newcomers and employment growth, it may act as a reasonable bellwether for the state of the U.S. housing market. This will certainly be tested in the spring and...
US housing prices decline for 6th straight month
Source: S&P Global Market Intelligence ---Â Home prices edged slightly lower in the U.S. in December 2022, marking the sixth consecutive month of falling housing prices as the challenging macroeconomic environment reduced buyer appetite. The S&P CoreLogic...
Sellers Retreat from the Market, Increasing Inventory Shortage and Buoying Home Prices; Affordability Takes Step Back on Rising Interest Rates
Black Knight, Inc.'s Data & Analytics division released its latest Mortgage Monitor Report, based on the company's mortgage, real estate, and public records datasets. With both supply and demand in the housing market being impacted by a volatile interest rate...
