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  • Home sales plunge in Miami in 2022, strong sign of housing market slowdown
    Real Estate News

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

    January 22, 2023 /

    Despite falling home sales last year, South Florida’s median prices for houses and condos increased as people competed for homes to buy. This is an aerial view of North Bay Village, near housing hotbed Miami Beach. MATIAS J. OCNER [email protected] Home sales in Miami-Dade County plummeted in 2022 compared to the prior year, the strongest indication the frenetic homebuying spree that defined South Florida during the ongoing coronavirus pandemic finally has ended. The county recorded 32,627 single-family house and condominium sales last year, a 20{d4d1dfc03659490934346f23c59135b993ced5bc8cc26281e129c43fe68630c9} drop from 39,394 sales in 2021, according to the Miami Association of Realtors housing sales report released late Friday. The median prices in December for…

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    Jerry Schmidt Comments Off on Home sales plunge in Miami in 2022, strong sign of housing market slowdown

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    Real estate market hot in New Hampshire despite national supply increase

    Real estate market hot in New Hampshire despite national supply increase

    July 3, 2022
    Real estate housing market in 2023 could lead to drop in home prices

    Real estate housing market in 2023 could lead to drop in home prices

    February 8, 2023

    With average prices up another 14{d4d1dfc03659490934346f23c59135b993ced5bc8cc26281e129c43fe68630c9}, Swiss bank UBS warns of housing bubbles in Canada

    October 16, 2021
  • Lowe’s Says Home Remodeling Trend Still Strong
    Home Improvement

    Lowe’s Says Home Remodeling Trend Still Strong

    November 17, 2022 /

    The nation’s next-greatest chain of hardware shops stated Wednesday (Nov. 16) that its business or “Pro” small business grew 19{d4d1dfc03659490934346f23c59135b993ced5bc8cc26281e129c43fe68630c9} previous quarter, as individuals carry on to make investments in property remodeling assignments somewhat than face the turbulence and large mortgage loan fees that are at the moment crimping housing income. In asserting its 3rd-quarter earnings results, the CEO of the North Carolina-based mostly operator of virtually 2,000 shops said that contrary to popular misperception about the property advancement enterprise, Lowe’s latest and extensive-expression potential customers keep on being sturdy. “Even in the U.S. market in which home selling prices have declined following a especially steep run-up during the pandemic, we…

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    Jerry Schmidt Comments Off on Lowe’s Says Home Remodeling Trend Still Strong

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    5 Common Mistakes You Might Make Renovating Your House

    October 22, 2021
    What Does It Take To Flip A House? Pro Nikolaos Debeyiotis Explains 

    What Does It Take To Flip A House? Pro Nikolaos Debeyiotis Explains 

    March 23, 2022
    Can the Earnings Streak Continue?

    Can the Earnings Streak Continue?

    November 12, 2022
  • Home Depot and Lowe’s cite strong demand, but softening could be ahead
    Home Improvement

    Home Depot and Lowe’s cite strong demand, but softening could be ahead

    August 19, 2022 /

    A buyer enters a House Depot shop on August 16, 2022 in San Rafael, California. Justin Sullivan | Getty Photographs Paying out on residence improvement isn’t going to appear to have taken a significant hit with the slowdown in the U.S. housing marketplace, but analysts say the power may not past. House Depot and Lowe’s this 7 days cited solid next-quarter gross sales from professionals this sort of as contractors, plumbers and electricians. The stores explained all those consumers have a wholesome backlog of assignments and loads of pent-up demand for house improvement. The businesses are chalking up the ongoing strength coming out of the top of the pandemic to…

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    Jerry Schmidt Comments Off on Home Depot and Lowe’s cite strong demand, but softening could be ahead

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    48 Cheap Home Improvement Products That Save You From Having To Buy Expensive Stuff

    October 11, 2021
    How to Calculate the ROI of Your Home Improvement Project

    How to Calculate the ROI of Your Home Improvement Project

    July 24, 2022
    45 popular home improvements people are making for under $40 on Amazon

    45 popular home improvements people are making for under $40 on Amazon

    December 6, 2021
  • ‘Demand remains strong’: 3 luxury second-home real estate trends agents needs to know
    Luxury Real Estate

    ‘Demand remains strong’: 3 luxury second-home real estate trends agents needs to know

    July 28, 2022 /

    There’s no denying the troubles and unpredictability of today’s macro surroundings. Abruptly, the plan of possessing a second dwelling — which observed a surge in need all through the height of the pandemic — appears a whole lot less feasible all through these changing times. As the marketplace shifts and stock tightens, is there still value in the next-residence industry? To enable respond to that query, Pacaso compiled its 2nd Property Sector Assessment in July 2022. The assessment of Optimal Blue knowledge measures second-home property finance loan fee locks alongside with median acquire rates for the best 50 2nd-household marketplaces across the U.S. to decide transaction quantity. Listed here are…

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    Jerry Schmidt Comments Off on ‘Demand remains strong’: 3 luxury second-home real estate trends agents needs to know

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    Here’s the Denver Metro Real Estate Market Update You Need to Know

    November 4, 2021

    The Nazarbaev Family’s ‘Hidden’ Luxury Real Estate In Almaty

    January 31, 2022

    $12-million home on private island example of luxury real estate selling in Nova Scotia

    January 22, 2022
  • Real estate market holds strong, experts say
    Real Estate News

    Real estate market holds strong, experts say

    July 23, 2022 /

    As the actual estate market place increase carries on across the nation, need is not envisioned to sluggish down in the Upstate any time soon.At the beginning of 2022, realtors told WYFF Information 4 that it was difficult to keep properties on the market.“It may perhaps gradual down almost everywhere else, but not listed here,” Palmetto Point out Residence Home loan operator Shawn Ezell stated.Related STORIESReal estate agents be expecting ‘insane’ market boom to proceed into 2022Locally-developed application claims to simplify household shoppingSouth Carolina 2021 true estate market cooling off immediately after busy summerEzell states he talks to about 10 people each day who are moving to the Upstate from…

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    Jerry Schmidt Comments Off on Real estate market holds strong, experts say

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    After Evergrande, Chinese developer Fantasia can’t pay its debts either. That’s stoking real estate fears

    October 6, 2021
    DeSantis campaign taps red-hot Florida real estate industry

    DeSantis campaign taps red-hot Florida real estate industry

    April 22, 2022
    34{d4d1dfc03659490934346f23c59135b993ced5bc8cc26281e129c43fe68630c9} decrease in Wake County real estate transactions in January

    34{d4d1dfc03659490934346f23c59135b993ced5bc8cc26281e129c43fe68630c9} decrease in Wake County real estate transactions in January

    February 19, 2022
  • Hawai‘i’s Luxury Real Estate Market is Strong But May Be Tapering Off
    Luxury Real Estate

    Hawai‘i’s Luxury Real Estate Market is Strong But May Be Tapering Off

    July 9, 2022 /

    Luxury serious estate in Hawaiʻi stays a seller’s current market despite bigger inflation and fascination costs, and the relative absence of Japanese consumers. On just about every of Hawai‘i’s four major islands, the selection of one-family houses offering in May possibly for $1.75 million or far more was at minimum double what it was in the months prior to pandemic restrictions commenced. Yet the quantity of residences in that “luxury” price tag selection and offered for sale was 40{d4d1dfc03659490934346f23c59135b993ced5bc8cc26281e129c43fe68630c9} under typical very low stock ordinarily offers an gain to sellers in a authentic estate marketplace. Those were being two highlights from the Luxurious Current market Report issued in June by…

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    Jerry Schmidt Comments Off on Hawai‘i’s Luxury Real Estate Market is Strong But May Be Tapering Off

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    Billionaire’s association with luxury B.C. mansion highlights property tax loophole

    Billionaire’s association with luxury B.C. mansion highlights property tax loophole

    May 12, 2022

    Luxury Property Market in Milan

    October 2, 2021
    How Persistently High Oil and Gas Prices Could Affect Luxury Real Estate

    How Persistently High Oil and Gas Prices Could Affect Luxury Real Estate

    May 1, 2022
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