The U.S. housing market grew exponentially ever since the dawn of the pandemic aided by historically low-interest rates. Sellers have received top dollar for their homes in the last two years due to a lack of housing supply and better-than-expected demand. 30-year mortgage rates that stubbornly hovered around 2.6% in 2021 made real estate an […]
Housing Market
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Why You Should Wait Out the Wild Housing Market
Rising inventory is one of several signs that we may have reached peak ludicrousness. Pick a housing statistic at random, and it’s probably setting an all-time record. Home prices: record high. Inventory: record low. Percentage of homes selling above asking price: record high. Average time on market: record low.
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U.S. Housing Market Needs 3.8 Million More Homes
According to a new analysis of the housing market, Freddie Mac reports a 3.8 million home shortfall to the supply of U.S. homes. The main driver of the housing shortfall has been the long-term decline in the construction of new single-family homes. Freddie Mac will continue to closely monitor and report on impacts of this […]
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Why the Housing Market is NOT Tanking
It’s the worst economy since the Great Depression…and housing prices aren’t really budging all that much. On this episode of Gimme Shelter, Matt and Liam discuss the confusing state of California’s home and rental market. First, the Avocado of the Fortnight begs an existential question: just how harmful are UC Berkeley undergrads to the world? […]
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What to expect from the 2020 U.S. housing market
HousingMarket Review: The U.S. housing market in 2020 It’s not only home buyers who are closely monitoring the housing market in the United States. Economists, investors, and analysts constantly look for developing trends in the U.S. housing market to assess the strength of the economy and to predict the ability of the American economy to […]
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Q1 2020 State of the U.S. Housing Market
As we embark on the start of a new decade, it seems like an appropriate time to take stock of where we are currently sitting with regard to the housing market. It might be too late to come up with some New Years resolutions but it is never too late to reflect on lessons learned […]
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U.S. Housing Market Outlook 2020
2020 will be an interesting year for the U.S. housing market, thanks to rate decreases by the Fed and mortgages remaining at or near all-time lows. The affordability of borrowing continues to motivate refinancing to these lower rates. With some level of stability forecast for 2020, it’s important to understand what may occur in the […]
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Do Short-Term Rentals Affect Local Housing Markets?
Short-term rentals have become quite a common occurrence nowadays, particularly for people that no longer see the appeal of hotels and wish to obtain the privacy of their place. Platforms such as Airbnb have become quite popular – and have grown quite a lot in the past few years. The application now offers more than […]
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Top 7 U.S. Real Estate Markets to Invest Your Money
#7 Orlando, Florida Orlando, FL housing market is #7 on the list of Top Real Estate Markets to invest in 2019: Orlando Housing Market Trends Metropolitan Area Orlando-Kissimmee-Sanford, FL Population 280,257 (2017) Median single-family home sale price $266,000 (NAR, Q3 2018 – U.S. median $266,900) YoY home sales price growth 7.3% (NAR, Q3 2018 – […]