U.S. Housing Market Updates
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Foreign Interest in US Housing Continues to Rise, But Not Among Canadians
Austin and San Antonio attracted new levels of attention in the first quarter. Continue Reading Foreign Interest in US Housing Continues to Rise, But Not Among Canadians
Platform Ventures Launches Multifamily Development Unit
The company “believes multifamily housing offers a blend of stability, income generation, and long-term growth potential.” Continue Reading Platform Ventures Launches Multifamily Development Unit
Additional Reading: MOST POPULAR U.S. HOUSING MARKET News & Headlines
Hits and Misses for the Real Estate Week of Feb. 3-7
New leadership at federal agencies, a possible cause for some of the Los Angeles wildfires, and new HGTV shows that don’t seem very new. Continue Reading Hits and Misses for the Real Estate Week of Feb. 3-7
Colorado Lawmakers Consider Bill to Allow Housing Built on Church Land
House Bill 1169 is sponsored by Rep. Andrew Boesenecker, who is also a former Lutheran minister. Continue Reading Colorado Lawmakers Consider Bill to Allow Housing Built on Church Land
‘Keeping Up with the Kardashians’ Home Listed for $13.5 Million
The home can be acquired fully furnished for an additional $400,000. Continue Reading ‘Keeping Up with the Kardashians’ Home Listed for $13.5 Million
Q&A: What Data Tells Us About Rural Housing Cost Burdens
Source: The Daily Yonder --- Lance George is the Housing Assistance Council’s director of research and information, an arm of that nonprofit which seeks to generate and improve access to reliable data about rural housing trends nationwide. Since 2020, a lot of airtime...
Here’s how affordable housing fared on midterm ballots
One housing affordability measure made it on a statewide ballot in this year’s midterm elections amid a nationwide housing crisis that has left the U.S. short at least a million homes — and it is projected to pass narrowly. Continue Reading Here’s how affordable housing fared on midterm ballots
Housing Recession
Source: Terry Savage --- Americans may be excused for wondering where this recession talk is coming from. Economic growth (GDP) turned nicely positive in the third quarter. The stock market has rallied, regaining some, though not all of this year’s losses, on hopes...
The Housing Market Has Many Renovating Instead of Moving. These Renovations Can Maximize Your Resale Value
Source: Next Advisor --- Homeowners in the U.S. all seem to have the same thing on their mind: Renovations. A recent survey commissioned by Discover Home Loans found that 79% of homeowners would rather renovate their current home than move to a different one....
Why Are Houses So Expensive In Today’s Market?
Homes have been booming in prices over the last few years, a lot of homeowners have been moving out of California and heading up towards Oregon, and Washington, and once the pandemic hit in 2019 people started buying land in Montana, Idaho, Utah, and other less...
How will rising interest rates impact housing market in 2023? Experts weigh in
Source: Fox 10 Phoenix --- LOS ANGELES - During the height of the COVID-19 pandemic, the Federal Reserve kept interest rates historically low, and this meant a home buyer could borrow money at an incredibly low rate. Now, experts say the housing market looks...
Homeowners lost more than a trillion dollars in equity
Source: Axios --- The housing market has returned to earth. Home sellers can't just name a price and expect buyers to pay; meanwhile over a trillion dollars in wealth in the form of home equity has evaporated. Why it matters: Think of this less as a crash and more as...
Home prices rose almost everywhere in the US this summer
Source: CNN Business --- In case you needed more evidence of how much home prices have skyrocketed: Even as the housing market was cooling over the summer, prices still rose in 98% of US markets, according to a new report. From July through September, home prices...
Redfin CEO: ‘The housing market could get worse’
Source: Geek Wire --- The U.S. housing market continues to show signs of weakening, impacting Seattle real estate tech companies such as Zillow Group and Redfin. And the trend may continue. “We think that the housing market could get worse,” Redfin CEO Glenn Kelman...
What Is a Housing Market Price Correction?
Source: U.S. News --- As a homeowner or would-be homeowner, news of housing market conditions can feel stressful – especially when you haven’t endured those conditions in the past. But not all terms are as complicated as they may seem, or as scary for you as a...
