‘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

Coles County Real Estate Transactions | lifestyles

Approximately 0.21 acres of land on Johnson Drive in Oakland, PIN #03-0-01656-000; Cheap Home Finders, Inc. of Port Saint Lucie, Fla. to Joshua Tree Associates, LLC of Casper, Wy., $2,448. 2112 Ironwood Lane Charleston; Kenneth and Martha Lewis of New York, NY to Charles Peterson of Charleston, $139,000. 302 N. 12th Street in Charleston; Kimberlee … Read more

Coles County Real Estate Transactions | lifestyles

1519 12th Street in Charleston; Double D Ventures, LLC of Soddy Daisy, Tennessee to Pillars Fashion Club, LLC of Chicago, $20,000. 812 Southside Drive in Humboldt; Seth Foran by Mattoon to Theresa Novotny by Humboldt, $37,000. 320 Madison Street in Charleston; The Otto Wash, Inc. of Florence, Colorado to Allan Nees and Christina Uphoff-Nees of … 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

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