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The housing market is like nachos

Sacramento Appraisal Blog

I heard the best description of the market this week. I mean, how can you go wrong when relating the housing market to nachos? UPCOMING SPEAKING GIGS: 3/19/24 WCR Gold Country (details here) 3/21/24 2024 […] The post The housing market is like nachos first appeared on Sacramento Appraisal Blog.

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US housing market is now worth a record $52 trillion: Zillow

Housing Wire

housing market is back on track , stronger than ever, with a total estimated value of $52 trillion, according to a new analysis by Orphe Divounguy, a senior economist at Zillow Group. housing market has surged by more than $2.6 Fueling this increase is new construction, according to Divounguy, even though the 1.3%

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Midwest housing markets good for first-time homebuyers: Zillow

Housing Wire

Against that backdrop, Zillow identified prime markets for first-time homebuyers , and half of them were nestled in the Midwest. The increase in new listings this spring, due both to new construction and to more homeowners choosing to sell, will give buyers more options and help to ease price growth.

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Here’s what you can expect from the 2024 housing market

Housing Wire

Going more in-depth than a Fed meeting, our virtual Housing Market Update event provides you with the strategy-building insights needed to operate in 2024. It’s a savagely unhealthy housing market out there, and these economists unpack what that means for you. Register for the virtual event on Dec.

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Seniors aging in place in Chicago could reshape city’s housing market

Housing Wire

Seniors largely want to remain in their own homes as they get older, and that preference could be remaking the housing market in the city of Chicago, according to a new report. of Chicago homes amid a housing shortage,” the company said in an email about the report according to the Sun-Times. Boomers own 35.6%

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A hot & cold housing market

Sacramento Appraisal Blog

New construction has been on fire, but the resale market has been cold. It’s been stunning to see the difference in volume between both markets. Let’s talk about the trend and look deeply into what’s going on with concessions. Scroll quickly by topic or digest slowly.

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Pivoting when the housing market changes

Sacramento Appraisal Blog

New home sales are glowing right now in the midst of depressed volume in the resale market. Today I want to share some stats for new construction, but let’s also talk about pivoting when the market changes.