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These Are the Best Cities for Home Sellers Right Now
Sellers are sitting in the driver’s seat of today’s idling housing market. So why are they stalled behind the wheel? Typically, as winter turns to spring, the housing market thaws. Sellers prepare their homes for showings and scrutiny, and buyers review their wish lists and budgets. But with home prices falling from their peaks in many areas, mortgage interest rates around 7{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502}, and tons of economic uncertainty, many prospective sellers are still sitting on the sidelines. New home listings, the lifeblood of the real estate market, are down by double-digit percentages over last year. For some home sellers, apprehension is leading to paralysis. They have plenty of questions: Will buyers…
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What salary is needed to buy a home in these popular U.S. cities?
olsword/Getty Images The real estate market has been volatile over the past few years. We’ve experienced high buyer demand, persistently low inventory and mortgage rates rising steeply after a period of record lows. In many cases, elevated home prices mean housing is less affordable today than before the pandemic, and increased inflation has made purchasing a home even more challenging. Rents are rising as well, with the average monthly cost of a one-bedroom apartment increasing by more than 7 percent year-over-year in January, according to data from Zumper. If you’re hoping to buy a home in 2023, how much can you afford to spend? It depends on a lot of…
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Airtel announces launch of 5G service in 8 cities
Bharti Airtel’s 5G support will be readily available from Saturday in 8 cities, which includes Delhi, Mumbai, Varanasi and Bangalore, its chairman Sunil Bharti Mittal stated at India Cellular Congress. With this, Bharti Airtel has come to be the 1st company to start 5G products and services in the country. “When you (Key Minister) will launch 5G right now. 5G from Airtel will be offered in 8 towns – Delhi, Mumbai, Varanasi, Bangalore and other cities,” Mittal explained. He also claimed that Airtel will roll out 5G providers in several metropolitan areas across the country by March 2023 and across India by March 2024. In accordance to the telecom division,…
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10 U.S. cities where housing markets are cooling the fastest
The housing market is in flux suitable now, thanks to significant mortgage rates, persistent inflation, and financial uncertainty, according to Redfin’s 2022 report. The know-how-run genuine estate brokerage rated 100 of the most populous metropolitan locations in the United States utilizing the subsequent metrics: charges price drops provide pending gross sales sale-to-checklist ratio velocity of home sales The review located that the marketplaces cooling off the quickest from February 2022 to August 2022 have been pretty much all on the West Coast. No. 1 city exactly where the housing market is cooling the fastest: Seattle, WA According to Redfin’s report, Seattle’s housing market place is cooling off more rapidly than…
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