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The worst for mortgages may be over, but younger borrowers still face affordability challenges

Housing Wire

Loan volume between the third and fourth quarters declined by 21%, but that was far less than the 37% drop from Q3 2022 to Q4 2022, the report showed. Meanwhile, loan volume in the fourth quarter was up by 1% year over year, a significant increase from the annualized decline of 65% in Q4 2022.

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The complete guide to selling rental property in 2022

Housing Wire

That’s the idea of investing in real estate, right? Short-term capital gains are taxed at your regular tax rate and may bump you up until the next tax bracket for higher tax rates. It doesn’t have to be a loss in real estate – it can be a loss in any asset, including stocks, bonds or cryptocurrency.

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Low-income owners’ home values have increased by 75% since 2012

Housing Wire

Between 2012 and 2022, the nationwide median value of homes owned by low-income households (households earning no more than 80% of metro area’s median income) rose 75%, or $98,910. Middle-income homeowners in Ogden recorded the largest wealth gain among all metros for their income bracket, gaining $220,000 in wealth from 2012 to 2022.

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As title insurance volume shrinks, workers take on more tasks

Housing Wire

However, 67% of respondents are over the age of 45, with the largest age brackets being 45-54 and 55-64 at 28% each. The second largest age bracket was 35-44 at 19%. Other top challenges included “educating real estate agents and consumers” (26%) and “generating new business” (24%).

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Price Adjustments in Florida Rise Rapidly

Lamacchia Realty

The Florida real estate market has shifted, and the number of active listings has increased at a much faster rate than the rest of the country over recent months. In the chart below, the trend depicts that inventory in all three South Florida counties (Palm Beach, Miami-Dade, and Broward) has been rising since April of 2022.

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March 2022 South Florida Housing Report

Lamacchia Realty

The Lamacchia Realty South Florida Housing Report presents overall home sale statistics and highlights the average sale prices for single families, condominiums/townhomes in Broward County, Miami-Dade County, and Palm Beach County for March 2022 compared to March 2021. Miami-Dade & Palm Beach Counties. Additional Resources. April 8, 2021.

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5 of today’s biggest real estate myths, busted [INFOGRAPHIC]

Cornerstone

percent in the fourth quarter of 2022.”. So, you might have to search for houses in a lower price bracket as rates increase if you want to stay within your budget. The post 5 of today’s biggest real estate myths, busted [INFOGRAPHIC] appeared first on Cornerstone Blog. percent in the fourth quarter of 2021, rising to 3.8