U.S. Housing Market
Median for Luxury Home Sales Prices Hit New Record High for October
Last month’s price was a 5.5% year-over-year increase. Continue Reading Median for Luxury Home Sales Prices Hit New Record High for October
Virginia Home Sales Jumped by 3.1% in October
The statewide median sales price was $430,000, a $15,000 or 3.6% increase from October 2024. Continue Reading Virginia Home Sales Jumped by 3.1% in October
2,500-Home Community Planned for Austin Suburb
Construction on phase one of the infrastructure is currently underway. Continue Reading 2,500-Home Community Planned for Austin Suburb
Toll Brothers Apartment Living Opens New Luxury Community Outside of Dallas
The new community features 364 residences in a mix of studio, one-bedroom, and two-bedroom floor plans. Continue Reading Toll Brothers Apartment Living Opens New Luxury Community Outside of Dallas
Kentucky Home Sales Rise Amid Wider Number of New Listings
The median sales price during the month was $279,000, up 6% month-over-month and up 3.4% year-over-year. Continue Reading Kentucky Home Sales Rise Amid Wider Number of New Listings
Why I’m Not Worried About a Housing Market Crash
Source: Nasdaq --- Are we going to see a housing bubble? According to new guidance from credit reporting agency Fitch, we may. In a recent release, Fitch analysts stated that the probability of a "severe downturn" in the U.S. housing market is on the rise. Home prices...
Small businesses feel the pinch from a slowing US housing market
Source: Anchorage Daily News --- NEW YORK — The chill in the housing market is rippling out to the carpenters, landscapers and other small businesses that lose out when fewer homeowners are renovating their properties. Inflation was already causing some homeowners to...
Mortgage rates will fall to 4.5% in 2023? That’s the estimate from Fannie Mae. Here’s what that means for homebuyers
Source: CNBC --- Mortgage rates are projected to decline next year — but that doesn’t mean prospective homebuyers should necessarily delay a purchase for the prospect of lower financing costs. The rate on a 30-year fixed mortgage will fall to an average 4.5% in 2023,...
Playing Jenga With The U.S. Housing Market – Like In 2008?
Source: Seeking Alpha --- Thesis In 2008 the housing market crashed the global economy. Could it happen again? And how soon? While I don’t want to play the role of Mr. Doom, in this article I would like to highlight a few notable developments that could prove to turn...
Respected analyst predicts ‘overvalued’ San Francisco Bay Area home prices may drop
Source: SF Gate --- A respected analyst is issuing a warning for the San Francisco Bay Area: Homes are overvalued, especially in this cooling real estate market. Mark Zandi, the chief economist at the venerated firm Moody’s Analytics, told Fortune in a report...
Should You Wait for Real Estate Prices to Crash Before Buying a Home?
Source: Realty Biz News --- Many people remember the financial and housing crises of 2007 and 2008. That’s when the overheated housing market didn’t just slow down but instead went into a tailspin with millions of home prices dropping below the amount of the mortgage....
Report: Home Prices Could Dip in 183 Markets
Source: Newsmax --- Home prices could fall in 183 ''overvalued'' markets if the housing recession continues, according to data mapped out from Moody's Analytics. The map shows that 183 of the 413 top housing markets are ''overvalued'' by more than 25%, which some...
Big chill: US homebuying cooldown is intensifying
Source: The Orange County Register --- The nation’s homebuying slowdown is intensifying. The National Association of Realtors’ index of contract signings to purchase previously owned homes decreased 1% from a month earlier to 89.8. That followed a nearly 9% decline in...
The industries most at risk of a new economic downturn
Source: Washington Examiner --- For months, economists, academics, and elected officials have argued about whether the United States is in a recession. The "yes" camp points to negative gross domestic product growth in the first two quarters of 2022, meeting the...
Where To Buy Real Estate Leads In 2022
Source: Forbes Advisor --- Real estate is a competitive field, but if you buy real estate leads, you can quickly grow your business. Real estate lead generation companies curate lists of sellers or buyers who are actively looking for an agent. While this comes at a...
Recent Posts
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