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Colorado’s shifting housing market and what it means for 2023
Source: Denver 7 ABC News --- DENVER — With the new year, many Coloradans are looking at the next 12 months trying to make sense of the ever-changing real estate market in the midst of an uncertain financial picture. This comes as things really slowed down in...
The percentage of homes with price cuts jumped from 7.1% in December to 13.6% this year. So we asked 7 economists and real estate pros: Is now the time to buy before the spring rush hits?
Source: MarketWatch --- When the weather cools for winter, the housing market often does too. But is that true of the market right now — and what should we expect for the rest of the season and the year? We asked real estate experts and economists to share their...
What’s The Latest With UK Mortgage Rates?
Source: Forbes --- The Bank of England raised interest rates on 15 December from 3.0% to 3.5%. The 0.5 percentage point increase marked the ninth rise since December 2021 when Bank rate stood at just 0.1%. It put the Bank rate at its highest level since 2008 and has...
Bank Will Pay $31 Million After Discriminating Against Black And Latino Communities
Source: Forbes --- The United States Department of Justice has reached a $31 million settlement with City National Bank in a historic housing discrimination case. City National, based in Los Angeles, is one of America’s 50 biggest banks. This settlement is the...
Foreign Buyers Are Descending on Turkey’s Idyllic Coastal Town Kas
Source: Mansion Global --- The seaside town of Kas in Turkey’s Antalya province has an alluring coastal location, romantic Mediterranean looks and a history dating back to the 6th century B.C. The serene resort town is set along a wide bay and the Çukurbag (or Kas)...
‘Hang in there,’ Utah real estate agents told. What does that mean for buyers and sellers?
Source: The Salt Lake Tribune --- It’s just two weeks into 2023, and Utah real estate agents are already being told to look to 2024 for things to improve. Hundreds of them broke into a slow nervous laugh Friday when one of the state’s top housing economists offered...
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