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  • 2 maps: inventory America’s 400 largest housing markets
    Real Estate News

    2 maps: inventory America’s 400 largest housing markets

    February 10, 2023 /

    On the housing desire entrance, points remain sluggish with property finance loan invest in apps still down 37{d4d1dfc03659490934346f23c59135b993ced5bc8cc26281e129c43fe68630c9} on a yr-about-calendar year basis. That’ll occur when the U.S. housing marketplace absorbs a historic house loan amount shock just immediately after the Pandemic Housing Increase pushed nationwide house charges up extra than 40{d4d1dfc03659490934346f23c59135b993ced5bc8cc26281e129c43fe68630c9}. On the housing supply front, items remain pretty restricted nationally. While spiked property finance loan rates saw housing need pull back sharply in 2022, it also saw sellers pull back again. According to Realtor.com, new residence listings in January had been down 5.5{d4d1dfc03659490934346f23c59135b993ced5bc8cc26281e129c43fe68630c9} on a year-more than-year basis. The plan of offering up a preset 3{d4d1dfc03659490934346f23c59135b993ced5bc8cc26281e129c43fe68630c9} house loan charge for a…

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    Jerry Schmidt Comments Off on 2 maps: inventory America’s 400 largest housing markets

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    Affiliates of Blackstone Real Estate to Acquire PS Business Parks, Inc. for $7.6 Billion

    Affiliates of Blackstone Real Estate to Acquire PS Business Parks, Inc. for $7.6 Billion

    April 25, 2022
    Tech startups look to blockchains to change the future of real estate

    Tech startups look to blockchains to change the future of real estate

    April 24, 2022

    Zillow’s home-buying debacle shows how hard it is to use AI to value real estate

    November 10, 2021
  • Where are home prices in America’s 400 largest housing markets headed in 2023? These 5 charts give us some clues
    Real Estate News

    Where are home prices in America’s 400 largest housing markets headed in 2023? These 5 charts give us some clues

    December 23, 2022 /

    Even though it is quite distinct that pressurized housing affordability has brought on some deflation in the U.S. housing current market, sector insiders remain divided on what the ongoing household price correction will look like in 2023. The reason? Desire and provide are sending blended indicators. On the housing desire entrance, things continue being slumped with mortgage loan invest in purposes (down 38{d4d1dfc03659490934346f23c59135b993ced5bc8cc26281e129c43fe68630c9} year-above-12 months) presently just down below their cheapest place for the duration of the 2000s housing crash. On just one hand, if financial problems ease and mortgage charges drop in 2023, homebuyer demand from customers would increase. On the other hand, the pandemic’s housing need growth could’ve…

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    Jerry Schmidt Comments Off on Where are home prices in America’s 400 largest housing markets headed in 2023? These 5 charts give us some clues

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    Debra Johnston, A Leading Atlanta Luxury Real Estate Professional, Partners With Coldwell Banker Realty |

    October 2, 2021

    Virtual real estate plot sells for record $2.4 million

    November 25, 2021
    Real estate: US homeowners have lost $2.3 trillion since June: Redfin data

    Real estate: US homeowners have lost $2.3 trillion since June: Redfin data

    February 26, 2023
  • Seattle is America’s fastest-cooling housing market, Redfin says
    Real Estate News

    Seattle is America’s fastest-cooling housing market, Redfin says

    September 24, 2022 /

    The Seattle-place housing marketplace cooled faster in recent months than any other location in the place, highlighting the squeeze rising curiosity premiums are putting on an high priced marketplace. That evaluation will come from Seattle-based mostly brokerage Redfin, which ranked U.S. metro places primarily based on how rapidly their housing markets are slowing down. The 10 quickest-cooling markets include extensive-dear regions, these kinds of as Seattle and San Diego, as well as metropolitan areas like Phoenix that saw a big influx of new residents all through the pandemic.  “These are all places wherever homebuyers are sensation the sting of mounting household rates, increased property finance loan premiums and inflation really…

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    Jerry Schmidt Comments Off on Seattle is America’s fastest-cooling housing market, Redfin says

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    Crypto real estate: the property market built on digital assets

    Crypto real estate: the property market built on digital assets

    September 6, 2022
    What Millennials Really Think About Today’s Real Estate Market

    What Millennials Really Think About Today’s Real Estate Market

    June 1, 2022
    Real estate agents say they can’t imagine working without ChatGPT now

    Real estate agents say they can’t imagine working without ChatGPT now

    January 29, 2023
  • Map: How fast sellers are slashing home prices in America’s 97 biggest housing markets
    Real Estate News

    Map: How fast sellers are slashing home prices in America’s 97 biggest housing markets

    September 5, 2022 /

    The Pandemic Housing Increase noticed U.S. household charges spike an unprecedented 43{d4d1dfc03659490934346f23c59135b993ced5bc8cc26281e129c43fe68630c9} in just in excess of two yrs. But that is about now: Spiked property finance loan prices have pushed the U.S. housing marketplace into a sharp slowdown that could threaten some of people gains. Some firms—including John Burns Genuine Estate Consulting, Zonda, and Zelman & Associates—are currently predicting that U.S. dwelling prices in 2023 will post their first calendar year-in excess of-yr decline of the put up-Terrific Monetary Disaster era. In a sharp housing downturn circumstance, Fitch Ratings thinks a 10{d4d1dfc03659490934346f23c59135b993ced5bc8cc26281e129c43fe68630c9} to 15{d4d1dfc03659490934346f23c59135b993ced5bc8cc26281e129c43fe68630c9} countrywide dwelling price tag drop is possible. Not every person agrees. Goldman Sachs and Zillow…

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    Jerry Schmidt Comments Off on Map: How fast sellers are slashing home prices in America’s 97 biggest housing markets

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    Real estate agents say they can’t imagine working without ChatGPT now

    Real estate agents say they can’t imagine working without ChatGPT now

    January 29, 2023
    He Runs a New York Real Estate Empire. Did He Steal It?

    He Runs a New York Real Estate Empire. Did He Steal It?

    July 25, 2022

    Lawsuit claims Oregon’s real estate ‘love letter’ ban stifles free speech

    November 28, 2021
  • America’s Most Diva President Had Tiffany Decorate the White House with ‘Wrinkled’ Disco Balls
    Home Decoration

    America’s Most Diva President Had Tiffany Decorate the White House with ‘Wrinkled’ Disco Balls

    April 17, 2022 /

    The High Victorian train station on what is now the National Mall was virtually empty when the president and his secretary of state walked inside to catch a train north. But on this steamy July day in 1881, the president would not make his train. Instead, James Garfield was shot twice by a disgruntled madman. He would spend the next two months in agony as inept doctors rummaged around his organs looking for the bullet and his insides became infected until he died. For weeks, the nation, the memory of Lincoln’s assassination still fresh, waited. Waiting was all they could do, and that went for Vice President Chester A. Arthur,…

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    Jerry Schmidt Comments Off on America’s Most Diva President Had Tiffany Decorate the White House with ‘Wrinkled’ Disco Balls

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    6 eco-friendly decorating ideas for your home this summer

    6 eco-friendly decorating ideas for your home this summer

    July 22, 2022
    The reasons for a Wine Fridge

    The reasons for a Wine Fridge

    September 5, 2022

    This Edgy Victorian Home in Australia Is a Feast for the Eyes

    February 11, 2022
  • The Quaint Home Of America’s Billionaires
    Luxury Real Estate

    The Quaint Home Of America’s Billionaires

    April 9, 2022 /

    Many of the most affluent of Massachusetts’ residents live outside the city in smaller towns like … [+] Dover, Sherborn and Carlisle. getty Massachusetts is a state of wealth—a wealth of history, education, and wealth itself. According to the U.S. Census Bureau, Massachusetts is the second wealthiest state in the U.S., with a median household income of $85,843 compared to the national median of $65,712. While much of the state’s most expensive properties are set in Boston, many of the most affluent of Massachusetts’ residents live outside the city in smaller towns like Dover, Sherborn and Carlisle. One such town, Weston, is the wealthiest. The Massachusetts suburb of Weston continues…

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    Jerry Schmidt Comments Off on The Quaint Home Of America’s Billionaires

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    Russian oligarchs pour money into U.S. real estate market

    Russian oligarchs pour money into U.S. real estate market

    March 4, 2022

    Luxury apartment complex near Las Vegas Strip sells for nearly $125M

    January 13, 2022

    ‘Million Dollar Listing’ star Josh Flagg credits luxury real estate boom to more money in pocketbooks

    December 11, 2021
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