California Real Estate Market Update It appears the housing market in California is improving and sales in March are showing a rise after several years of low sales. It’s an anxious time for desperate buyers, but while inventory levels aren’t as bad as they have been, mortgage payments and future rates will dry up some…
Housing Bubble to Burst in 2023? It’s not just the vertical lines on housing market charts last year that are making real estate owners nervous. There are plenty of scary signals that suggest a major housing market crash might be brewing, in particular for 2023. Today, the stock markets plunged again, and experts are suggesting…
How Does the 2022 Market Look? Most expert forecasts for the housing are calling for moderation in home prices beginning now and into 2022 and 2023. But are they just trying to talk down what is a very hot housing market? In one controversial poll by Reuters, Mark Vitner, senior economist at Wells Fargo is…
[the_ad id=”29439″] Are California Home Prices Going to Rise? 2021 was a pretty good year for the California’s housing market with big sales numbers and rising prices even as the supply of homes receded by a third. Each year, seemingly fewer houses are available. The allure of the Golden State has always been too much…
[the_ad id=”29439″] Are Homeowners Getting Ready to Sell? A new study of 2583 consumers and their sentiment by Harris Pollsters suggests more homeowners are readying to sell their homes. They’re feeling they can take advantage of a hot real estate market before prices fall and want to sell in the next 6 months. They found…
[the_ad id=”29439″] Homeowner Equity Looking Irresistible Corelogic, a provider of premium housing sales statistics reports that in the 2nd quarter of this year, homeowners with mortgages (63% of all properties) watched their equity grow by 29.3% year over year. Collectively, in the nation, it was an equity gain of over $2.9 trillion, and an average…
[the_ad id=”29439″] Is There Any Chance Home Prices will Fall? The top question from buyers isn’t about how to save and qualify for a home mortgage, or how to win a bidding war, or how to choose a Real estate agent. The top question asked is “when will home prices fall?” The rationale is simple. …
[the_ad id=”29439″] Housing Supply – New Listings up in 2021 NAR reports a dip in new home listings this week, however in many cities, new listings were rising. See NAR’s latest report below on those cities with the most new listings. New listings were up substantially this year vs last. In Florida in June, new…
[the_ad id=”29439″] Canadian Federal Election Forecast Canada’s current Prime Minister Justin Trudeau made the decision to hold a Federal election during a 4th wave of the Covid 19 pandemic. It’s a strategy that may work because voters are voting for social programs, not candidates. A few days now before the election, it is neck and…
[the_ad id=”29439″] Don’t Expect a Buyer’s Market in 2022 Without much support, other than cheap interest rates, the US housing market has soared for more than a decade, including the ultra rapid price rise in the last year. It’s made a few very wealthy and a lot of Realtors, home sellers, real estate investors, and…
[the_ad id=”29439″] House Features Most Wanted Today What are buyers wanting in their next home this year? It’s an interesting mix of features, yet are these features you’d be willing to upgrade for to sell your home at a higher price? NAHB conducted a survey of new home buyers about what they were looking for…
Mortgage Stress Test Rules The Canadian government is under pressure to do something about the soaring prices of houses in Canada. To release some of that pressure on itself, the government is replaying an old trick at an opportune moment — to capitalize on the current temporary downtrend in home prices. The Liberal government is…
[the_ad id=”29439″] Dallas Housing Trends So much has gone in Texas in the last year, yet as the pandemic misery recedes, we’re in for more change in 2021 and 2022. Texas overall is perhaps the hottest housing market in the US, is looking very good despite what Biden is doing with oil and at the…
[the_ad id=”29439″] Denver Colorado Housing Market Denver’s residential real estate market outlook is very typical of any US housing market. Yet migration trends in the last 14 months are making Colorado cities some of the hottest real estate markets this spring. It’s good news for buyers in the Denver region, as active listings are growing….
[the_ad id=”29439″] Philadelphia Housing Market For real estate investors and homebuyers, the Philadelphia regional market has a lot to like. Kiplinger in fact, rated this city as one of the best places to retire. Homes are affordable compared other major cities. Prices are rising, however homes only on the market for 63 days according to…
[the_ad id=”29439″] Atlanta Housing Market Report Atlanta was ranked 18th of the nation’s major housing markets for price growth in February, but in March home prices jumped almost 16% year over year, showing Atlanta’s real estate scene is coming alive. Atlanta Realtors Association reports a solid month for residential home sales via the MLS. Remax…
Will House and Condo Prices Fall? 2021 is becoming a year of ultra-heated home price gains, and buyers are feeling the pain, and many will give up on their quest to find a house for sale. The reason? Home prices are not going to fall? In fact, in San Francisco, Boston, Atlanta, Dallas, Denver, Houston,…
[the_ad id=”29439″] Housing Metros with Crash Risk As the US moves toward the end of the Covid pandemic, flush with cash from stimulus bailouts and payments, it’s hard to imagine a risk for a housing market crash. But it’s not right now, or even 2021 that is the real risk. It’s the pressure of a…
[the_ad id=”29439″] Canadian Real Estate Market Forecast Just like the US housing market, the real estate market in Canada showed remarkable strength in 2020. The Canadian benchmark price increased 8.5% last year, almost five times the rate of 1.8% in 2019. And forecasts for 2021 reflect a continued trend of high prices driven by low…
[the_ad id=”29439″] Hottest Housing Markets 2021 We know there’s big changes in America’s real estate markets because house prices are up and sales are up in strange places. Years pass and new cities begin to thrive, grow and create new living opportunities. Which might you choose for your new retirement or work at home life?…