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Housing inventory falls under 1M again as sales collapse

Housing Wire

housing market , we just experienced an event that most people never thought could happen. The one period where this didn’t happen was from 2006-2011, when credit forced Americans to sell, to rent or to be homeless. During that period, we saw new listing data decline. The days on market were too low.

Inventory 540
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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. NEW YORK – The rock-hard foundation of the U.S. The number of home listings remains low nationally.

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Massachusetts 2023 Year in Review

Lamacchia Realty

2022 was down in sales from 2021 just like this past year , and at that time , many were concerned that it was a sign the market was about to crash, something Anthony has repeatedly dispro ved. Slower market activity this year, however, is representative of the journey back to equilibrium. Average Prices Increase by 3.4%

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New Hampshire 2023 Year in Review

Lamacchia Realty

The real estate landscape witnessed significant developments in 2023, as the New Hampshire market saw a historic low in listings. Sales were also down in 2022 , which sparked concerns of a market crash , but as Anthony predicted, it didn’t happen , more thanks to reduced inventory rather than a decline in sales.

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2023 Maine Year in Review

Lamacchia Realty

Sales have been adjusting down from the 2021 frenzy for the past few years and when that began, concerns arose that it might be an ominous sign signaling an imminent market crash— a notion Anthony consistently disproved. The frenzied market of 2021 was unsustainable, and consumers and REALTORS alike hoped for a return to normalcy.

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The nation’s housing market is on a correction course

Housing Wire

Rising interest rates and a slowing economy overall are already taking some of the air out of the rapid home-price appreciation the housing market has experience over the past year, according to the recently released Federal Reserve Beige Book for July. Freddie Mac projects that home-price growth will average 12.8%

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CAN HOUSING SHORTAGE CATCH UP TO EASTSIDE DEMAND?

Will Springer Realtor

just as Google opens another office building in Kirkland and Microsoft expands its 120-structure Redmond campus with plans for 17 new office buildings. All this tech construction gives new meaning to IT architecture! “A The housing market has become bubbly,” said economist Enrique Martinez-Garcia of the Federal Reserve Bank of Dallas.