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What’s The Outlook For The Housing Market?
Source: Forbes --- Key Takeaways Housing sales have fallen for the ninth consecutive month, with transactions down 28.4% compared to this time last year. Average prices have also come down, hitting $379,100 compared to $413,800 in June. It comes as mortgage rates...
Why the US housing market slowed at sharpest pace ‘since the financial crisis’
Source: New York Post --- The US housing market experienced its most significant slump since the Great Recession in October as surging mortgage rates crushed demand, real estate firm Redfin said in a monthly report this week. The number of pending home sales...
ECHO offers lease incentives to real estate agents for placing homeless tenants
Source: Austin Monitor --- Real estate agents in Austin have an incentive to find market-rate homes for those experiencing homelessness, and help one of the city’s main homeless services nonprofits lower the number of people facing housing instability. Austin’s Ending...
The Housing Market is Worse Than You Think
Source: Advisor Perspectives --- Advisor Perspectives welcomes guest contributions. The views presented here do not necessarily represent those of Advisor Perspectives. What I am about to share with you is an excerpt from a fall letter I wrote to IMA clients. It is...
The Short- and Long-Run Effects of Remote Work on U.S. Housing Markets
Source: Economic Innovations Group --- The rapid growth of remote work has ushered in a variety of economic changes, with notable impacts on the housing market. An emerging literature suggests remote work has shifted both where people live and how much housing they...
When Will The Housing Market Bottom? Ryan Frazier Weighs In
Source: Bezinga --- The U.S. housing market is now slowing down after a record-breaking run that saw home values soar to new highs and mortgage rates drop to historic lows. Although demand and price growth are slowing, analysts and housing economists predict that any...
