Newsfeed: Home prices are being slashed in these 10 cities as real-estate market cools
Home sellers slashed prices in June in areas that were red-hot earlier in the pandemic, according to Realtor.com.
Menu
austin
Newsfeed: Home Price Cuts, Rising Inventories Are Ominous Signs Of Top
The pandemic housing boom hit a peak and should start rolling over as rising inventory forces some home sellers to slash prices. The weight of soaring mortgage rates and increasing inventory are the possible markings of a top that has already led some sellers in major US cities to cut listing prices.
Newsfeed: “Major Turning Point” – US Housing Inventory Rises For First Time Since 2019
Mortgage costs are the most expensive in years as the Federal Reserve embarks on aggressive quantitative tightening, implying that the souring macroeconomic climate may not support extraordinary home price growth for much longer as the national inventory of homes increases for the first time in years, according to Realtor.com data.
Newsfeed: Markets With the Most Multifamily Construction Activity
Apartment construction activity in the U.S. is at a record high, led by some key markets that are logging significant building rates.
Market analysis for dummies …
Buying an income producing property is an investment in the underlying economy. That’s REALLY where the income originates. That’s why we put so much emphasis on market analysis. Investors who focus exclusively on deal analysis (crunching the numbers on the property) but fail to underwrite the market sometimes end up in a mess. The context of a deal is …