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Insurance carrier exodus rattles California and Florida housing markets

Housing Wire

With material and labor shortages, and supply chain issues it is taking a year-and-a-half to two years to complete a property. One of my recent new home buyers got their final quote on a property a 30-minute drive from the coast and it had gone up 40% from a year ago.

Insurance 362
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How Will War, Inflation and Rising Interest Rates Affect the Real Estate Market

Eppraisal

From the Russian invasion of Ukraine to continued supply chain disruptions to increasing urban crime to inflation -- always inflation -- we are bombarded with challenging circumstances and pessimistic forecasts. So, the imbalance of buyers to sellers continues to worsen. Does Inflation Help or Hurt Home Value?

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The Current State of The Homebuilding Industry

Eppraisal

economy, home building prominent among them. From COVID-19 interventions to supply chain disruptions to record inflation, the hits kept coming against a real estate market that was already experiencing diminished inventories and a growing pool of buyers. The last few years took a toll on many sectors of the U.S.

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2022 Housing Market Predictions: What To Expect

Quicken Loans

In addition, home values and sales skyrocketed. So, it’s no wonder that a year like that left experts and new buyers guessing. Buyer demand continued. But that only increased demand as stay-at-home orders reiterated the need for a home that was the right fit. Home Inventory Will Slowly Rise.

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What to Expect from the Real Estate Market This Winter

Eppraisal

High demand and low inventory have lifted home prices nearly 20 percent over what they were in the autumn of 2020. Again, good news for sellers; a headache for seekers. This fact will give hope to buyers for the long term but what about the more immediate future?

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How Will the Fall Market in 2021 Be Different?

Eppraisal

The market normally remains strong, and home values rise, through the spring and summer months. These pandemic-related changes interacted with the existing housing inventory shortage, resulting in sharp price increases for both owned homes and rental units." Home Buyers There are many types of home buyers in today's market.

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The nation’s housing market is on a correction course

Housing Wire

“We calculate that over 80% of metro areas are meaningfully overvalued,” Zandi said during the Recursion webinar. “… First-time homebuyers are locked out because they just simply can’t afford to buy … and trade-up buyers are locked in [with interest rates well below current market levels]. “So, Inventories are rising across the country.