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New home sales fell again in February

Housing Wire

“Though February’s new sales were below recent highs, builders are still selling homes at a higher seasonally adjusted rate than they did at any point between 2008 and 2019,” Zillow economist data analyst Dan Handy said in a statement. months supply. This is an increase of 3.3%

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The nation’s housing market is on a correction course

Housing Wire

In fact, Coronado said for some markets that have experience rapid home-price appreciation, a decline in home values may benefit the overall market. “At A leading local real estate authority attributed this drop-off in sales to a combination of low affordability, rising mortgage rates and increased uncertainty.

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Raleigh Real Estate Trends + Forecast for 2022

Raleigh Realty

In fact, it’s estimated that owner-occupied real estate accounts for over a quarter of American households’ net worth. It’s no secret Raleigh is an up-and-coming city, but how’s the local real estate market doing? for homebuilding prospects and number two for overall real estate prospects.

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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. How does this confluence of evil tidings affect home sales? Will Real Estate Suffer for Putin's Mistake?

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What to Expect from the Real Estate Market This Winter

Eppraisal

The recent trends in real estate in the United States have delighted some people and frustrated others. High demand and low inventory have lifted home prices nearly 20 percent over what they were in the autumn of 2020. Yet if history demonstrates anything, it reveals the cyclical nature of the real estate market.

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Cost Approach in Fifteen Minutes or Less

Appraisal Buzz

Our residential appraisal forms make short work of all three methods of valuation, so it is pretty easy to apply at least two approaches to value for an appraisal report. As a real estate developer, prior to entering the field, I always costed out my projects for profitability. Know what average home values are in your area. (2)

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Dave Stevens on understanding this housing market

Housing Wire

Supply chain shortages, many of which remain still today, meant that everything from new cars to basic random length lumber costs skyrocketed. The media and hyperbole are scaring potential homebuyers to the sidelines, but betting on home values is one of the greatest bets someone can make.