‘Increasing pressure on list prices.’ 3 top economists and real estate professionals on the real estate markets where house prices will fall the most this year

Some markets may be more vulnerable to home price cuts than others, pros say. Getty Images Buyers in some markets are already getting – or could soon get – some relief in the form of lower home prices, pros say. Already in the last 4-8 weeks, experts have noticed downward price pressure in previously robust … Read more

‘Increasing pressure on list prices.’ 3 top economists and real estate professionals on the real estate markets where house prices will fall the most this year

Some markets may be more vulnerable to home price cuts than others, pros say. Getty Images Buyers in some markets are already getting – or could soon get – some relief in the form of lower home prices, pros say. Already in the last 4-8 weeks, experts have noticed downward price pressure in previously robust … Read more

“Don’t buy a house unless you can afford to waste money”

I love investing in real estate and this is one of the main reasons I was able to become a self-made millionaire. But I’ve learned that buying a family home isn’t always a good investment. I realized that in 2003 when I was newlywed with a newborn and bought my dream home in Los Angeles. … Read more

Real estate in St. George goes down when interest rates go up

St George • Rising interest rates and high prices have dramatically slowed, but not quite for the time, home sales in southwest Utah’s Washington County, which includes the St. George metro area, which is the fastest growing metro area in the country by percentage between July 2020 and July 2021 brought to a halt. The … Read more

The State of Local Real Estate 2022: Market Analysis

Low inventories and strong demand continue to drive Lexington’s housing market In recent years I have provided an overview and analysis of local property sales trends from PVA’s statistical database. In some years the trend was merely a continuation of the previous year. Some years it was mostly about recovering from a recession or a … Read more

Real estate investors grab nearly 10 percent of US home sales

Investor interest grew fastest in Charlotte, NC A new report just released by Realtor.com shows that investor home purchases accounted for 9.5 percent of home sales nationally, with Charlotte, North Carolina leading the field as the fastest-growing investor market. In the 12 months ended April 2022, 20 percent of properties sold in the greater Charlotte … Read more

‘Continued slowdown in home prices.’ Here’s what 5 economists and real estate professionals predict for the housing market this year

What will happen in the housing market this year? Getty Images When will house price growth really slow down? Will mortgage rates continue to rise? What do I need to know if I’m trying to buy a home now? These are all questions we hear from readers, peers and others, so we asked top economists … Read more

10 cities where house prices are being slashed as the real estate market cools

The US housing sector is finally cooling down. For those who want to buy, according to new data, there are houses in several parts of the country that are currently for sale. According to Realtor.com, in June sellers cut home prices in areas that had seen late-breaking price increases early in the pandemic, including Reno, … Read more

Eco-friendly homes are conquering the California real estate market

Jumping off the market faster and at a higher price – Homes with environmentally conscious features make a real estate agent’s job a lot easier. The biggest motivations for green living are: reducing utility bills or operating costs; Protection of the house from natural disasters; and Minimizing the impact of the house on the environment. … Read more

1 real estate stock to play in the housing market and 2 to avoid them

text size Wedbush analyst Jay McCanless has downgraded Redfin stock. Stephen Brashear/Getty Images for Redfin Housing stocks skyrocketed in 2021, benefiting from a competitive real estate market as consumers benefited from ultra-low interest rates. But the market is cooling off quickly as rising borrowing costs deter potential homebuyers. Pending home sales in June fell 13% … Read more