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Dallas Housing Market Will Surge in 2024, Says NAHB Economist Rob Dietz at Home Builders Summit
Source: Candy's Dirt --- The country is already in the midst of a “mild recession,” but local job growth is outstanding and inflation has peaked, an economist told Dallas builders last week. National Association of Home Builders Chief Economist Rob Dietz emphasized...
Here’s why Home Depot and Lowe’s are booming in a housing market bust
Source: CNBC--- As the U.S. housing market falls hard from its pandemic-driven highs, home improvement retailers like Home Depot and Lowe’s don’t seem to be feeling the same pain. In fact, they’re faring better than expected. While homebuilding and home remodeling are...
KPMG: The Pandemic Housing Bubble is bursting—U.S. home prices falling 15% looks ‘conservative’
Source: Yahoo! Finance --- It didn't take long for white-collar professionals in 2020 to realize that expanded work-from-home policies meant they could buy real estate pretty much anywhere. Vacation markets went gangbusters. Exurbs got red-hot, as did so-called Zoom...
Looking for an Owner-Financed Home? 5 Things to Avoid
Source: The Ascent --- There are at least two good reasons a potential home buyer may turn to owner financing. Perhaps their credit score is not high enough to qualify for a traditional mortgage, or they're hoping to buy time to save for a larger down payment but want...
Mortgage Rates Need Another Push to Keep Plunging
Source: The Wall Street Journal --- The pressure is finally coming off mortgage rates. Amid the market’s huge reaction last week to the better-than-feared inflation print, and what it could signal about the direction of the Federal Reserve’s monetary policy, a widely...
4 Ways Rent-to-Own Can Help You Buy a House
Source: The Ascent --- Although home prices in some regions of the country have softened, the median price of a single-family home still rings in at just under $385,000. With mortgage rates hovering around 7%, the monthly payment alone pushes many would-be home buyers...
