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How union strikes like the Writers Guild of America impact real estate

Inman

From negative effects on the supply chain to confidence in the market, major union strikes like the WGA strike and others before it can have a palpable impact on the real estate industry.

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Pending home sales reach highest May mark in 16 years

Housing Wire

Pending home sales reached its highest mark for the month of May since 2005, up 8% from the previous month of April as low inventory continues driving buyers to snatch up available real estate. “Buyers are still lining up a feverish pace,” Yun said. ” Contract signings on new homes increased 13.1%

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The housing market slowdown has only just begun: Fannie Mae

Housing Wire

Homebuilders may have been reluctant to do so until recently as supply chain bottlenecks and labor shortages have resulted in an elevated share of homes for sale still being under construction compared to the historical norm,” according to the report by the ESR Group. In August, the national inventory of unsold existing homes was at 3.3-month

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Despite lack of supply, existing home sales rise 6.7%

Housing Wire

Homebuyers flocked to what little inventory existed in January, with existing-home sales rising 6.7% annually to $350,000, according to the Friday report from the National Association of Realtors. The supply of homes for sale fell to a record low, down 16.5% from the prior month to a seasonally adjusted annual rate of 6.5

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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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What has Been the Impact of COVID-19 on the Real Estate Market?

Boston Appraisal

But as life starts a trek back to a new state of normality, it will do us good to take a look at the real estate market and measure the impact of the Corona virus and how it will affect the market in the future. Anyone who is in the position to purchase real estate should act now before the next corona virus wave hits.

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What has Been the Impact of COVID-19 on the Real Estate Market?

Boston Appraisal

But as life starts a trek back to a new state of normality, it will do us good to take a look at the real estate market and measure the impact of the Corona virus and how it will affect the market in the future. Anyone who is in the position to purchase real estate should act now before the next corona virus wave hits.