‘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

Virtual property closures are becoming mainstream, but some states are holding out

Property closures can now happen remotely in most states, a shift that has accelerated as much of life has shifted online during the pandemic. The mortgage lenders are also urging the other states to join in, even if the legislature has reservations. According to the National Notary Association, 43 states now have laws allowing online … Read more

China’s housing crisis will cause iron ore prices to fall more sharply: Goldman Sachs

A severe surplus in the iron ore market, caused by renewed pressure in China’s real estate market, will push prices of the commodity lower in the second half of the year, analysts at Goldman Sachs warned this week. The iron ore market is on track to register an oversupply of 67 million tonnes by the … Read more

Leave No Paper Trail: How a group of sovereign citizens used a bogus credit repair deal to build a real estate empire

Bad credit? No problem. A group of suspected scammers have been accused of running a fraudulent credit repair business and then using their customers’ identities to obtain mortgages on millions of dollars worth of real estate to collect rental fees. When the crew – which included a mortgage broker, a real estate agent and a … 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

I’m Chief Economist for a $5 billion real estate data and title company. Here are 5 things you need to know about the housing market right now

Markus Fleming Housing has become increasingly unaffordable for millions of Americans – house prices and mortgage rates continue to rise (see the lowest rates you can currently qualify for here). That’s why we spoke to Mark Fleming as part of our series, in which we ask prominent economists and real estate professionals their opinions on … Read more

Storage giants consolidate in a changing real estate market

prologue inc is expanding its significant reach in industrial real estate as market enthusiasm fades and the tight capacity that has been driving up rents shows signs of opening up. Developers say after several years of fervent appetites for storage space during the Covid-19 pandemic, they are seeing tenant demand cool off as consumers pull … Read more

Retail investors are buying up retail properties as larger players remain cautious

Private investors are buying malls and other stationary real estate, a positive sign for the struggling retail real estate sector, which is emerging stronger than expected from the Covid-19 pandemic. While many real estate funds and other big players remain cautious, retail property sales to family offices, high net worth individuals and small private investment … Read more

The housing boom fails to lift all homes above the previous cycle’s peak

The housing boom of the past two years has pushed US home prices to record highs nationwide. But in hundreds of cities, the red-hot market has yet to bring prices back to where they were about 15 years ago. Prices in these cities fell so much or rose so slowly during the subprime crisis that … Read more