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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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    Midwest is ‘last regional bastion of affordability’ for homebuying, economist says

    Midwest is ‘last regional bastion of affordability’ for homebuying, economist says

    December 16, 2022
    Droves of people are moving out of Boston. Their top destination? Portland, Maine.

    Droves of people are moving out of Boston. Their top destination? Portland, Maine.

    November 4, 2022
    Ottawa real estate: A return to a more balanced market

    Ottawa real estate: A return to a more balanced market

    May 11, 2022
  • 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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    Homie layoffs: Utah real estate disruptor cuts staff due to housing market issues

    Homie layoffs: Utah real estate disruptor cuts staff due to housing market issues

    February 15, 2022
    Citing ‘changing real estate market,’ Utah-based Homie lays off one-third of its staff

    Citing ‘changing real estate market,’ Utah-based Homie lays off one-third of its staff

    February 14, 2022

    RXR Launches Leasing at New Rochelle Tower

    January 14, 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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    The Woo-woo Agents of Real Estate

    The Woo-woo Agents of Real Estate

    July 8, 2022
    Heidi Uuranniemi Anticipates that the Boca Raton Real Estate Market Will Start to Normalize in 2022

    Heidi Uuranniemi Anticipates that the Boca Raton Real Estate Market Will Start to Normalize in 2022

    March 22, 2022
    Florida real estate bombshell could destroy a lot of wallets

    Florida real estate bombshell could destroy a lot of wallets

    January 17, 2023
  • 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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    Debra Johnston, A Leading Atlanta Luxury Real Estate Professional, Partners With Coldwell Banker Realty |

    October 2, 2021

    Reno, Nevada, real estate: What you can get for $2.5M

    December 5, 2021
    Culver City Real Estate Market Grows Into Content Capital – The Hollywood Reporter

    Culver City Real Estate Market Grows Into Content Capital – The Hollywood Reporter

    October 23, 2021
  • 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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    The U.S. Housing Market Has Peaked

    The U.S. Housing Market Has Peaked

    May 21, 2022
    Judge holds real estate firm in contempt over documents in Trump probe

    Judge holds real estate firm in contempt over documents in Trump probe

    July 6, 2022
    US Supreme Court Denies NAR Petition In Pocket Listing Case

    US Supreme Court Denies NAR Petition In Pocket Listing Case

    January 12, 2023
  • 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 agents got $3.9 billion in Covid relief PPP loans. The housing market boomed, but few repaid the loans.

    Real estate agents got $3.9 billion in Covid relief PPP loans. The housing market boomed, but few repaid the loans.

    June 4, 2022
    The pandemic’s real estate jobs boom is turning into a bust as layoffs hit

    The pandemic’s real estate jobs boom is turning into a bust as layoffs hit

    September 25, 2022
    Measurabl Acquires Hatch Data, a Leading Real Estate Decarbonization Platform

    Measurabl Acquires Hatch Data, a Leading Real Estate Decarbonization Platform

    April 21, 2022
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