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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. In the process, American consumers can count on a real estate agent to look out for their needs and provide critical, expert advice. The real estate industry and the U.S.

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The big short in housing supply isn’t going away

Housing Wire

Homebuilders responded to the shortage of homes for sale, accelerating new home construction, even as they face severe supply-side challenges, including rising building material costs and supply-chain bottlenecks, a lack of affordable lots, and difficulty in finding skilled labor. What about existing homes?

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Eleven Types of Risk in Commercial Real Estate

Property Metrics

In this article, we’ll look at eleven types of risk in commercial real estate investment. . In the United States, the inflation rate has been around 2% per year since the year 2000. Real estate is a highly illiquid asset. So, real estate is illiquid compared to most other types of assets.

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DataDigest: What the latest data says about home prices, construction and sales

Housing Wire

Home construction New home construction ramped up early in the pandemic but moderated as interest rates ticked up and mortgage rates followed. The seasonally adjusted annual rates of homes permitted, started, under construction and completed all remain well above pre-pandemic levels but below the peaks reached in the last three years.

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Builders rediscover a tool from the 1980s that keeps new home prices from falling

Housing Wire

After a long period of rate repression, the Federal Reserve began aggressive monetary tightening, which would ultimately send mortgage rates to their highest levels since 2000. The gap peaked in November 2022, when the average note rate for new construction sales was one percentage point lower than the rate for existing home sales.

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Could the Race to Space Create New Housing Opportunities?

McKissock

What do outer space and real estate have in common? So what does that mean for real estate? If NAR’s prediction is correct, the space tech boom could also mean a housing boom, which would create opportunities for builders, buyers, and real estate agents alike. What Does This Mean For Real Estate Agents?

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U.S. Housing Market Collapse? Nowhere in Sight

Empire Appraisal Group

Scary times: builders are slashing home prices and slowing construction as buyers pull back, survey shows” (MarketWatch). In recent years, however, the real estate market has been resilient, through the ups and downs of the U.S. As expected, mortgage applications have dropped off a cliff – to the lowest level since 2000.