Remove 2000 Remove Construction Remove Contracts Remove Housing Market
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U.S. Housing Market Collapse? Nowhere in Sight

Empire Appraisal Group

Housing Market Collapse? Housing Market Collapse? The housing market has taken a few hits, such as a doubling of mortgage rates in 2022, but it remains solid even if legitimate news providers suggest doom and gloom. housing market is suffering some cracks, but an outright collapse is nowhere in sight.

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Why the US MLS system is the envy of other countries

Housing Wire

As an Irish immigrant to the United States in 1996 who became a real estate broker in 2000, I can tell you this: The U.S. And on top of all that, any buyer in “contract” can get “gazumped” (contracted price goes up) at any time until the final weeks of that sale agreement. No one helps them with the negotiation process.

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Where’s the bottom for new home sales?

Housing Wire

New home sales are now below the recession levels of 2000 and have fallen all the way to 1996 levels, when interest rates were near 8%. months, and below, this is an excellent market for builders. months , this is just an OK market for the builders. The builders will pull back on construction when the supply is 6.5

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The new home sales recession continues

Housing Wire

The housing market is in a recession, something that the homebuilders and the National Association of Realtors now agree with me on, as this recent CNBC clip shows. family houses in July 2022 were at a seasonally adjusted annual rate of 511,000, according to estimates released jointly today by the U.S. This is 12.6 percent (±16.9

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Case-Shiller: Home Prices Soar at Record Pace in June

Empire Appraisal Group

home prices jumped by a record amount in June as homebuyers competed for a limited supply of available houses, the latest evidence that the housing market remains red-hot. in June compared with a year earlier, the largest increase on records dating back to 2000. WASHINGTON (AP) – U.S. Sales of existing homes rose 1.5%

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Weird Real Estate Agent Photos for Appraisers

Appraisal Today

Four things about Today’s Housing Market. 1) The spike in housing supply is NOT due to sellers: In a short period of time, we went from having three weeks of supply in the Sacramento region to ten weeks. This is actually about fewer buyers getting into contract. What is causing this change? percent from 5.82

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Lamacchia Realty Announces Top Producing REALTORS® for March 2022

Lamacchia Realty

She brings years of industry experience and expertise in all aspects of the home buying & selling process as well as construction, land assessment & purchasing, negotiating contracts, and design. Born and raised in Boston, Ashley has extensive knowledge of the area and surrounding towns.