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While still one of the hottest in the country, Austin housing market is ‘calming’
Source: KXAN --- Is one of the hottest housing markets in America finally cooling down? Perhaps, the Austin Board of Realtors say. Compared to August 2020, home sales in the Austin-Round Rock housing market during August 2021 decreased 4.6%. However, median home...
Americans Haven’t Been This Down on Housing Market Since 1982
Source: Yahoo Finance --- The last time Americans were this turned off by the U.S. housing market, borrowing costs were over five times the current rate. The share of people who think now is a good time to buy a home fell in September to 29%, extending the plunge from...
Small increases in inventory returning to York County housing market
Source: York Dispatch --- York County Realtors are finally seeing a small increase in inventory floating back into the housing market. A lack of inventory, which has historically been a problem in York County for years, was worsened by the COVID-19 pandemic. However,...
Why the U.S. Housing Market Might Be Better for Buyers in 2022
Source: Home Buying Institute --- It’s no secret that home buyers in the U.S. have had a tough time in 2021. Tight inventory commissions and fast-rising prices have presented challenges for buyers all across the country. Now, as we approach the fall of 2021, many are...
FHFA Reverses Previous Housing Market Reform Progress
Source: American Action Forum --- Executive Summary The Federal Housing Finance Agency (FHFA) has suspended restrictions from earlier this year that prevented the government-sponsored enterprises (GSEs) from purchasing “high-risk” mortgages; it also announced a...
What to do when you inherit property that’s in bad shape
Source: BankRate --- Not every inheritance is a windfall. Sometimes inherited property needs a lot of attention such as deferred maintenance issues. If you’re now responsible for a home that’s seen better days, here’s what you need to know. Most common issues with...
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