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Inventory needs to increase to balance housing market: Fed Beige Book

Housing Wire

In New York City, rents have trended down modestly since peaking last summer, though they remain higher than a year ago. Landlord concessions have also somewhat increased. Elsewhere, rents have generally been steady, though one contact in upstate New York noted that already high rents have continued to trend up.

Inventory 383
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Q2 2023 Texas Real Estate Market update – Real Estate Real Fast EP21

Listing Spark

Focusing on major Texas metro areas like Austin, DFW, Houston, and San Antonio, Aaron discusses important trends and developments that homeowners, investors, and anyone interested in real estate should be aware of. However, a decrease in new listings is helping to stave off even higher inventory.

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High Financing Hurdles Lead to Low Housing Activity in Seattle/King County

Will Springer Realtor

fewer new listings, the rate of sales rose 1.7% Two data points stood out from the latest report by the Northwest Multiple Listing Service: The aforementioned new listings for all homes in the county – 2684 – is at a low not seen for an August since records were shared with brokers (like me) dating back to the mid-1990s.

Finance 68
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Expectations for 2024 in Seattle/King County Real Estate

Will Springer Realtor

The region’s real estate scene in 2023 will be remembered for rising home prices and scant new listings. As the year dims, all eyes fixate on 2024’s potential: a hopeful dance fueled by dreams of lower rates and a wave of new homes for sale. Buyers and sellers tiptoed through caution.

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CITIES FACE DAUNTING OFFICE-VACANCY CHALLENGE

Will Springer Realtor

Moody’s Investors Service noted that banks hold approximately half of the $6T in commercial real estate debt, with the largest share maturing within the next three years, according to Reuters. The county saw the combined number of single-family, townhome and condo listings increase in June by 4.4%