Housing Market Cooldown: 10 Cities Where List Prices Are Dropping
Despite the continuous climb of mortgage rates, new data shows that the rate of competition dropped from 67% in February
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Market Data
Manhattan Residential Real Estate Sales Hit a Record $7.3 Billion in the First Quarter
Manhattan residential real estate sales reached a record of $7 billion in just the first quarter alone and shows no
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What First-Time Home Buyers Really Want
In the recent National Association of Home Builders study What Home Buyers Really Want, 2021 Edition, a laundry room was
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Millennials and Remote Work Reshape the Market
Strong demand from Millennials, first-time homebuyers and remote work. GREENSBORO, N.C.–(BUSINESS WIRE)–Home sales, which increased more than 6% in 2021
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Spokane’s Housing Market is Red Hot
As the Spokane area grows, housing demand and dwindling supply has made it the newest, hot market. According to The
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Mortgage Rates Continue to Rise
Freddie Mac reports mortgage rates climbed again last week. According to Market Watch, in the week ending Thursday, the average
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First-Time Buyers Pushed Out By Investors
Investors are paying cash and forcing out first-time buyers. According to Reuters, the surge in sales of previously owned homes
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Miami is Now The Most Expensive Market
The Miami market is now the highest in the nation, surpassing NYC According to The Real Deal, home prices in
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Housing Affordability Drops To 10-Year Low
Housing affordability hits a 10-year low according to a report by the NAHB According to RisMedia, the NAHB association released
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Navigating the New Year
Captivate, illuminate, and communicate. Navigating in the new year. By Robert Musa The last year has been anything but predictable.
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Zillow Forecasts Home Prices Will Spike 16%
Like many experts, Zillow replaces their forecast as the market continues to change. According to Zillow, Homebuyers got crushed last
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Big Money: Builders and Single-Family Rental Developers Continue to Battle for Land
Amidst Record Lease Rates and Construction Starts, Demand for Land Surges. By Mark Wolf Heat within the single-family rental (SFR)
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Lumber Prices Crash
As mortgage rates rise, lumber prices have gone down by 5%. According to Insider, the price of lumber have crashed
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The Fed Will Raise Rates in March
The Federal Reserve will begin a series of interest-rate hikes in March to fight inflation. According to the Associated Press,
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Average Mortgage Amount Reaches Record High
Last week, the average mortgage amount reached a record high of $418,500, according to the Mortgage Bankers Association. According to
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Higher Mortgage Rates May Slow Housing Market
Some forecasters believe that higher mortgage rates will cause the real estate market to cool. According to the Home Buying
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Home Prices Expected to Rise
With demand still strong, home prices remain at all time highs. According to Business Insider, home prices are going to
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Mortgage Rates Spike
The Mortgage Bankers Association reported the average 30-year fixed mortgage rate has climbed to 3.64%, up from 3.11% in December.
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The Fed Chairman Promises Inflation Will Cool
The Fed chairman Jerome Powell promised that the central bank will use all its tools to prevent the consolidation of
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The Five Hottest Housing Markets
Although the housing market is starting to cool, here are five markets that remain competitive. According to Bankrate, some 40
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Chief Economist at Kukun Offers Housing Predictions
Kukun is the leading originator of individual home data, property data and predictive analytics. Ralph B. McLaughlin is Chief Economist
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Fannie Mae Predicts a Softer Housing Market
A softer market, slower housing market in 2022; Fannie Mae’s Predictions. According to Globe St, consumers continued to report substantially
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Experts Predict 2022 Housing Market
With the rise in mortgage rates, housing prices should stabilize, but low inventory still ingers. According to the Wall Street
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Affordability: Lowest Level Since 2008
According to First American Real House Price Index, home buyers face the same affordability challenges in 2022. First American’s Chief
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Five Housing Trends to Watch For in 2022
Expert economist shares his housing market predictions. By Brad Hunter There is no “national housing market.” By that I mean
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The Rise of Single-Family Homes
Why some are flocking to single-family homes. By Odeta Kushi Over the past year, increasing investor activity in residential real
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A Breakdown of Rising Home Prices
Since the beginning of 2020, U.S. median home list prices on realtor.com are up 27%. After one of the hottest
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US Home Sales Expected to Rise 7.1% by End of 2021
Fannie Mae forecast’s US home sales will decline over the next two years. According to Reuters, the government-sponsored enterprise Economic and
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New Construction Rises Amid Higher Lumber Prices
The pace of permitting for new construction on housing units has also increased in November. According to Market Watch, U.S.
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Millennials Continue Influencing the Housing Market
Economists expect Millennials to continue influencing markets for years to come. According to Fox Business, conventional wisdom held that millennials, born
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Hottest Markets in 2021
The hottest housing market surpassing the nation is Texas. Austin home prices have skyrocketed and according to Yahoo! Finance, has
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