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  • Prices still rising in these ZIP codes
    Real Estate News

    Prices still rising in these ZIP codes

    January 27, 2023 /

    The California housing market continues to cool from the pandemic buying frenzy, with some areas seeing home prices decline for seven months in a row. Among the factors fueling the decline have been inflation, economic uncertainty and soaring interest rates, experts say. The average monthly mortgage rate was 6.15{d4d1dfc03659490934346f23c59135b993ced5bc8cc26281e129c43fe68630c9} for the week ending Jan. 19, up 73{d4d1dfc03659490934346f23c59135b993ced5bc8cc26281e129c43fe68630c9} from a year ago. Even so, home value growth in some California outlier neighborhoods has bucked the trend, continuing to rise even as parts of San Francisco and Los Angeles push further into the red, according to the latest data from real estate listings site Zillow. While the increases in the hottest ZIP…

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    Jerry Schmidt Comments Off on Prices still rising in these ZIP codes

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    Housing market correction just took a new turn

    Housing market correction just took a new turn

    February 22, 2023
    4 changes in Triangle real estate market

    4 changes in Triangle real estate market

    September 4, 2022

    The First Apartment That the Actor Anthony Rapp Bought Is for Sale

    October 23, 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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    Where Wealthy Russians Own Real Estate in New York City

    Where Wealthy Russians Own Real Estate in New York City

    March 1, 2022

    PICTURED: Foul-mouthed real estate agent arrested for SPITTING ON AND PUNCHING 80-year-old passenger

    December 29, 2021
    How have STR regulations affected Steamboat’s real estate market?

    How have STR regulations affected Steamboat’s real estate market?

    October 1, 2022
  • Rising interest rates are having a mixed impact on real estate and construction in Vermont
    Real Estate News

    Rising interest rates are having a mixed impact on real estate and construction in Vermont

    December 1, 2022 /

    Development carries on on a housing job in Colchester earlier this year. Homes are nonetheless marketing, as stock continues to be small, but observers are maintaining a watchful eye on the marketplaces. File picture by Glenn Russell/VTDigger The doubling of curiosity prices about the previous year is impacting design and the serious estate current market across Vermont in different means. Some observers say the spike is scaring prospective buyers absent from acquiring households. Joe Carelli is amid all those observers. Carelli, president of Citizens Financial institution for New Hampshire and Vermont, mentioned apps for mortgages and refinancings have slowed down drastically. But the financial system, he additional, is nonetheless strong.…

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    Jerry Schmidt Comments Off on Rising interest rates are having a mixed impact on real estate and construction in Vermont

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    What it’s like to live in the hottest Bay Area real estate neighborhoods now

    What it’s like to live in the hottest Bay Area real estate neighborhoods now

    July 24, 2022
    Housing market predictions for 2022

    Housing market predictions for 2022

    April 23, 2022
    Redfin CEO predicts ‘terrible consolidation’ in the real-estate sector, but says it will ultimately be good for the industry

    Redfin CEO predicts ‘terrible consolidation’ in the real-estate sector, but says it will ultimately be good for the industry

    January 9, 2023
  • 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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    Owning a house nowadays.

    Owning a house nowadays.

    October 9, 2022
    3 Real Estate Market Predictions for the Rest of 2022

    3 Real Estate Market Predictions for the Rest of 2022

    October 30, 2022
    Housing market predictions for 2022

    Housing market predictions for 2022

    April 23, 2022
  • 6 Ways Real Estate Investing Can Help Hedge Against Inflation And Rising Taxes
    Investment Property

    6 Ways Real Estate Investing Can Help Hedge Against Inflation And Rising Taxes

    October 31, 2022 /

    Amanda Han, Writer & CPA at the Award Winning Keystone CPA, Inc. – Specializing in tax approaches for real estate buyers nationwide. getty In unparalleled moments, uncertainty can be your biggest enemy or your finest asset. It is been a very long time since “business as standard.” Amongst Covid-19, burgeoning inflation and heightened volatility, the very last number of yrs have been a roller coaster for individuals and buyers alike. Although this uncertainty has caused many Americans to place their financial commitment programs on maintain, other folks are seeing this as an option of a life time. Amid growing actual estate price ranges, a lot of buyers are questioning if…

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    Jerry Schmidt Comments Off on 6 Ways Real Estate Investing Can Help Hedge Against Inflation And Rising Taxes

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    6 Effective Real Estate Investment Strategies

    6 Effective Real Estate Investment Strategies

    December 17, 2022
    What Is Financial Leverage? | Bankrate

    What Is Financial Leverage? | Bankrate

    December 23, 2022
    Property Tech Startup Raises $75 Million to Scale Investments

    Property Tech Startup Raises $75 Million to Scale Investments

    April 12, 2022
  • Gangnam style falls out of favor as rising rates whack Korea’s luxury real estate sales
    Luxury Real Estate

    Gangnam style falls out of favor as rising rates whack Korea’s luxury real estate sales

    September 20, 2022 /

    House in Gangnam — a trio of exceptional districts in South Korea’s cash, Seoul — is commencing to buckle as the central bank’s yearlong tightening cycle weighs on the luxurious serious estate market place. Apartment charges in all Gangnam districts have declined for 4 consecutive months, info from the Korea Real Estate Board present, portending the to start with regular drop considering the fact that the Lender of Korea commenced boosting its important price final August. The strike to Gangnam signals the effects of plan tightening is now achieving into the upper stratum of Korea’s 51 million individuals.  Whilst Governor Rhee Chang-yong told Bloomberg that a housing correction was unavoidable and has a attractive…

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    Jerry Schmidt Comments Off on Gangnam style falls out of favor as rising rates whack Korea’s luxury real estate sales

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    Marvel Realtors Successfully Delivers over 1600 Luxury Residences in the Last 3 Years

    Marvel Realtors Successfully Delivers over 1600 Luxury Residences in the Last 3 Years

    May 11, 2022
    7 Tips for Closing More Deals and Ramping Up Your Real Estate Business

    7 Tips for Closing More Deals and Ramping Up Your Real Estate Business

    June 3, 2022

    The four segments of luxury home sellers that will drive the market in 2022

    November 16, 2021
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