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  • Median home price in metro Denver down in February
    Real Estate News

    Median home price in metro Denver down in February

    March 4, 2023 /

    Metro Denver one-family members house prices, just after dancing in between an once-a-year reduction and attain in January, crossed more than to the dim aspect with equally ft in February. The median price of a solitary-family property offered in metro Denver very last month was $600,000, down 5.7{d4d1dfc03659490934346f23c59135b993ced5bc8cc26281e129c43fe68630c9} from the identical month a year before, in accordance to a monthly update from the Denver Metro Association of Realtors. That drop happened irrespective of far more strong action in February, which includes a .8{d4d1dfc03659490934346f23c59135b993ced5bc8cc26281e129c43fe68630c9} leap in median rates from January. The once-a-year drop in median revenue charges for condos and townhomes was not as huge at 1.2{d4d1dfc03659490934346f23c59135b993ced5bc8cc26281e129c43fe68630c9}, and the month to…

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    Jerry Schmidt Comments Off on Median home price in metro Denver down in February

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    DoD’s average housing subsidy sees big increase as real estate continues to get pricier

    December 16, 2021

    China’s Shimao Group, another big Chinese real estate developer, might need to sell off property

    January 11, 2022

    Is the real estate market in Indiana headed for a crash like in 2021? – WISH-TV | Indianapolis News | Indiana Weather

    October 5, 2021
  • US home price gains fall sharply in November as rising mortgage rates cool housing market
    Real Estate News

    US home price gains fall sharply in November as rising mortgage rates cool housing market

    January 4, 2023 /

    Authentic Converse Cash CEO Ron Luna and Capitalist Pig hedge fund supervisor Jonathan Hoenig explore what’s propelling the inventory marketplace provide-off on the to start with trading day of 2023 on ‘Cavuto: Coast to Coastline.’ Household rates declined sharply in November as greater growing home loan premiums continued to sap demand from the housing market. Rates in November greater 8.6{d4d1dfc03659490934346f23c59135b993ced5bc8cc26281e129c43fe68630c9} from the year-ago time period, the smallest attain in two yrs, according to new data posted on Tuesday by CoreLogic.  On a month to month foundation, prices truly dropped .2{d4d1dfc03659490934346f23c59135b993ced5bc8cc26281e129c43fe68630c9} in November. Prices are now about 2.5{d4d1dfc03659490934346f23c59135b993ced5bc8cc26281e129c43fe68630c9} beneath their spring 2022 peak and are envisioned to continue slipping this yr,…

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    Jerry Schmidt Comments Off on US home price gains fall sharply in November as rising mortgage rates cool housing market

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    Housing market gets boost as home sales see highest spike since 2020

    Housing market gets boost as home sales see highest spike since 2020

    February 28, 2023
    Want to Know How the Housing Market Is Doing? Follow Mortgage Rates.

    Want to Know How the Housing Market Is Doing? Follow Mortgage Rates.

    March 1, 2023
    GoLocalProv | RI Real Estate

    GoLocalProv | RI Real Estate

    November 23, 2022
  • US suffering from the second biggest home price correction of the post-WWII era
    Real Estate News

    US suffering from the second biggest home price correction of the post-WWII era

    January 1, 2023 /

    Macro Traits Advisors founding associate Mitch Roschelle argues it is a ‘buyer’s market’ as the U.S. sees major correction in home prices. The U.S. housing sector is going through its second-most important house price correction of the publish-World War II era. Macro Traits Advisors founding husband or wife Mitch Roschelle attributed the significant correction to Americans’ uncertainty for the markets and their “uneasiness” concerning the financial system. He described on “Varney & Co.” Friday that the “shoe to fall” would be if the nation begins to see a rise in unemployment, which could bring about a “leg down” in the housing market place. Mphasis Digital Threat Founder and Taking care…

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    Jerry Schmidt Comments Off on US suffering from the second biggest home price correction of the post-WWII era

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    Home sales plunge in Miami in 2022, strong sign of housing market slowdown

    Home sales plunge in Miami in 2022, strong sign of housing market slowdown

    January 22, 2023
    This real estate developer is happy that new home construction is falling

    This real estate developer is happy that new home construction is falling

    March 8, 2023
    Is the Phoenix housing market cooling off?

    Is the Phoenix housing market cooling off?

    July 26, 2022
  • Fed’s housing market ‘reset’ has officially set off the second-biggest home price correction of the post-WWII era
    Real Estate News

    Fed’s housing market ‘reset’ has officially set off the second-biggest home price correction of the post-WWII era

    December 3, 2022 /

    In June, Fed Chair Jerome Powell explained to reporters that the overheated U.S. housing market—which observed U.S. residence selling prices rise over 40{d4d1dfc03659490934346f23c59135b993ced5bc8cc26281e129c43fe68630c9} in just above two years—needed a “reset.” And higher home finance loan rates, he stated, would slowly convey “balance” back to the current market. “We saw [home] charges shifting up extremely, extremely strongly for the past few of yrs. So that improvements now… I’d say if you are a homebuyer, someone or a youthful particular person looking to obtain a residence, you want a bit of a reset. We need to have to get back to a place where by source and desire are back alongside one another,” Powell stated.…

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    Jerry Schmidt Comments Off on Fed’s housing market ‘reset’ has officially set off the second-biggest home price correction of the post-WWII era

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    Inman announces first round of real estate exhibitors and digital demo session sponsors for Inman Connect Las Vegas 2021 | News

    October 2, 2021

    Has the residential real estate market in N.J. peaked? Here’s what industry experts say.

    January 1, 2022

    Is Bay Area real estate the next frontier for crypto?

    January 25, 2022
  • A house price slump is coming. Rising unemployment could make it much worse
    Real Estate News

    A house price slump is coming. Rising unemployment could make it much worse

    November 24, 2022 /

    London CNN Business  —  Last year, Auckland’s largest real estate company couldn’t sell properties quickly enough to meet demand in New Zealand’s biggest city. Houses were “flying out the door,” said Grant Sykes, a manager at real estate agency Barfoot & Thompson. “There were chin-dropping moments when agents stand around the room and are gobsmacked at the prices being achieved,” he told CNN Business. In one example, a property sold for 1 million New Zealand dollars ($610,000) above the asking price in an auction that lasted all of eight minutes. (Most homes in New Zealand are sold at auction.) That was in May 2021, when sales attracted thousands of bidders…

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    Jerry Schmidt Comments Off on A house price slump is coming. Rising unemployment could make it much worse

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    Florida couple loses life savings in email real estate scheme

    Florida couple loses life savings in email real estate scheme

    November 2, 2022
    Best real estate markets to buy a home in 2023

    Best real estate markets to buy a home in 2023

    January 23, 2023
    Housing market ‘staring into face of perfect storm,’ expert warns

    Housing market ‘staring into face of perfect storm,’ expert warns

    March 26, 2022
  • These 210 housing markets are now vulnerable to 20{d4d1dfc03659490934346f23c59135b993ced5bc8cc26281e129c43fe68630c9}-25{d4d1dfc03659490934346f23c59135b993ced5bc8cc26281e129c43fe68630c9} home price declines, finds latest Moody’s downgrade
    Real Estate News

    These 210 housing markets are now vulnerable to 20{d4d1dfc03659490934346f23c59135b993ced5bc8cc26281e129c43fe68630c9}-25{d4d1dfc03659490934346f23c59135b993ced5bc8cc26281e129c43fe68630c9} home price declines, finds latest Moody’s downgrade

    September 26, 2022 /

    Favorable millennial demographics. Limited housing inventory. Lower unemployment. Which is why housing bulls stated the Pandemic Housing Boom experienced much more home to operate. Moody’s Analytics main economist Mark Zandi, of study course, disagreed. Back again in May, Zandi arrived to Fortune with a daring proclamation: The Pandemic Housing Boom experienced peaked and we were entering into a “housing correction.” A housing correction getting a period of time wherever the housing market—which received priced to 3{d4d1dfc03659490934346f23c59135b993ced5bc8cc26281e129c43fe68630c9} home finance loan rates—would work to equilibrium. It’d see house gross sales volumes slide sharply. It’d also, Zandi explained, set much of the country at risk of a house price tag corrections. Fast forward…

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    Jerry Schmidt Comments Off on These 210 housing markets are now vulnerable to 20{d4d1dfc03659490934346f23c59135b993ced5bc8cc26281e129c43fe68630c9}-25{d4d1dfc03659490934346f23c59135b993ced5bc8cc26281e129c43fe68630c9} home price declines, finds latest Moody’s downgrade

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    Real Estate Markets Set to Normalize in 2023 After Nearly Three Years of the Pandemic Boom

    Real Estate Markets Set to Normalize in 2023 After Nearly Three Years of the Pandemic Boom

    January 3, 2023

    Equity-rich homeowners are ‘sitting pretty’ amid sky high real estate prices

    February 4, 2022
    Here’s what to expect in the housing market this year

    Here’s what to expect in the housing market this year

    January 6, 2023
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