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  • Housing prices take some buyers out of the market
    Real Estate News

    Housing prices take some buyers out of the market

    April 23, 2023 /

    A number of aspects engage in into the aim of restoring affordability. April 22, 2023 at 8:00 a.m. EDT Housing is having difficulties because most households simply are not able to find the money for to acquire a residence. (Efi Chalikopoulou for The Washington Article) Comment on this storyRemark There has been considerably discussion above no matter whether the economy will or will not undergo a recession this 12 months. There is no discussion that housing is in recession. House product sales, the design of single relatives houses, and household selling prices are slipping. Housing is having difficulties simply because most homes only are not able to pay for to…

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    Francis McGee Comments Off on Housing prices take some buyers out of the market

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    Opinion: Homeowners should prepare for an ugly 2023, but it’s unlikely we’ll have a repeat of 2008

    Opinion: Homeowners should prepare for an ugly 2023, but it’s unlikely we’ll have a repeat of 2008

    November 25, 2022
    The U.S. housing market stares down an even bigger economic shock—mortgage rates near 7{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502}

    The U.S. housing market stares down an even bigger economic shock—mortgage rates near 7{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502}

    November 19, 2022
    27K realtors listed in the market

    27K realtors listed in the market

    March 18, 2023
  • As home prices drop, Colorado’s real estate industry looks to history to understand trends
    Real Estate News

    As home prices drop, Colorado’s real estate industry looks to history to understand trends

    April 17, 2023 /

    If you’re house hunting, there are plenty of homes available in Colorado — nearly 10,000 at the end of March, which is up 41.8{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502} from a year ago.  Prices are a bit lower, too. If you need a loan to pay for the house, though, that’ll cost more than it would have a year ago. Even so, mortgage loan rates are about where they were in 2008. And that’s roughly two-thirds lower than the peak in the early 1980s. In this Oct. 22, 2019 file photo, a sign stands outside a home for sale in southeast Denver. (AP Photo/David Zalubowski, File) The way Colorado Realtors see it is that while…

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    Francis McGee Comments Off on As home prices drop, Colorado’s real estate industry looks to history to understand trends

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    You Should Probably Wait to Buy a Home

    You Should Probably Wait to Buy a Home

    December 1, 2022
    How to Build a $2.7 Million Real Estate Portfolio in Just 4 Years

    How to Build a $2.7 Million Real Estate Portfolio in Just 4 Years

    April 22, 2023
    Harju Elekter acquired a real estate company and is reorganising production in Sweden

    Harju Elekter acquired a real estate company and is reorganising production in Sweden

    December 16, 2022
  • National home prices just bottomed out, says real estate data juggernaut CoreLogic
    Real Estate News

    National home prices just bottomed out, says real estate data juggernaut CoreLogic

    April 12, 2023 /

    Suitable out of the gate this yr, it was clear that the U.S. housing market—which saw a historic decline in household gross sales in the second fifty percent of 2022—was no longer in cost-free-drop method. The marketplace stabilized around January through a blend of improved consumer assurance, tight source, and slight declines in dwelling charges/home finance loan rates doing just sufficient to make improvements to affordability. Quick-forward to April, and it’s searching like the housing market place has not just stabilized—it may well be returning to advancement method. At the very least that is according to CoreLogic. After 7 consecutive months of home value declines, the CoreLogic Property Price Index detected a .8{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502} residence selling price uptick…

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    Francis McGee Comments Off on National home prices just bottomed out, says real estate data juggernaut CoreLogic

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    Investigation: Real estate company accused of deceptive practices

    Investigation: Real estate company accused of deceptive practices

    December 7, 2022
    Real-Estate Investing With Little or No Money Down: Investor

    Real-Estate Investing With Little or No Money Down: Investor

    January 22, 2023
    Midwest is ‘last regional bastion of affordability’ for homebuying, economist says

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

    December 15, 2022
  • King County home prices plunge 10{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502} as Northwest housing market shifts
    Real Estate News

    King County home prices plunge 10{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502} as Northwest housing market shifts

    April 8, 2023 /

    Seattle-place dwelling costs dropped yet again in March, signaling a different shift from the pandemic-fueled current market, but homebuying even now remained out of access for many. The median solitary-relatives home in King County offered for $840,000 in March, down about 10{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502} from a calendar year earlier, in accordance to new information produced Thursday by the Northwest Multiple Listing Provider. Prices dropped sharply on the Eastside, exactly where the median home cost plunged 17{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502} to $1.4 million. The price tag drops mirror the market place shift underway since the Federal Reserve began expanding fascination prices past summer time. Rate hikes and financial uncertainty led potential buyers and sellers to keep…

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    Francis McGee Comments Off on King County home prices plunge 10{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502} as Northwest housing market shifts

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    US Supreme Court Denies NAR Petition In Pocket Listing Case

    US Supreme Court Denies NAR Petition In Pocket Listing Case

    January 13, 2023
    Harsh warning on US real estate market issued: ‘America needs more housing’

    Harsh warning on US real estate market issued: ‘America needs more housing’

    January 8, 2023
    US home price gains fall sharply in November as rising mortgage rates cool housing market

    US home price gains fall sharply in November as rising mortgage rates cool housing market

    January 4, 2023
  • Tesla cuts prices again as EV incentive halved for base Model 3
    Automotive

    Tesla cuts prices again as EV incentive halved for base Model 3

    April 8, 2023 /

    Tesla also outlined a new variation of the Product Y crossover for client orders with a reduced foundation selling price and a lot less range than the earlier base trim. The new base edition is known as Product Y while the preceding entry edition was the Product Y Extensive Variety. After Thursday’s price cuts, the automaker listed the foundation Model 3, with a one motor and rear-wheel travel, at $43,630 with shipping for a $1,000 reduction. The base Model 3 is the only Tesla in the U.S. that utilizes a lithium-iron-phosphate battery with cells from China. The new EV credit rating is primarily based partly on regional battery assembly and…

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    Britishvolt’s failure is disaster for the UK auto industry

    Britishvolt’s failure is disaster for the UK auto industry

    January 20, 2023
    The UK car industry’s prospects go from bad to worse

    The UK car industry’s prospects go from bad to worse

    November 27, 2022
    Electric vehicles confront the leap to the mass market

    Electric vehicles confront the leap to the mass market

    December 16, 2022
  • Home prices rise after several months of declines
    Real Estate News

    Home prices rise after several months of declines

    April 4, 2023 /

    Unexpectedly potent house product sales at the start off of this year reversed a sharp, various-month decrease in dwelling price ranges. Home finance loan premiums are powering the swing. House prices nationally rose .16{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502} in February, when seasonally modified, according to Black Knight. That is the strongest a single-thirty day period get considering the fact that Could of last 12 months. Dwelling charges are now 2.6{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502} down below their peak final June. Of the 50 largest U.S. markets, 39 noticed household selling prices increase in February. That is a brief turnaround from November, when costs ended up slipping in 48 of 50 markets. Powering the quick improve are wide swings…

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    Francis McGee Comments Off on Home prices rise after several months of declines

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    San Diego home sales fall to lowest level in 35 years

    San Diego home sales fall to lowest level in 35 years

    March 1, 2023
    Steve Trang Introduces the Real Estate Industry to Dan Nicholson’s Solvable Product

    Steve Trang Introduces the Real Estate Industry to Dan Nicholson’s Solvable Product

    December 21, 2022
    US Supreme Court Denies NAR Petition In Pocket Listing Case

    US Supreme Court Denies NAR Petition In Pocket Listing Case

    January 13, 2023
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