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Housing Market Tracker: Inventory drops as mortgage rates move higher

Housing Wire

The 10-year yield jumped aggressively, continuing the decisive move from jobs Friday, and mortgage rates have moved from the recent lows of 5.99% back to 6.50%. Unlike the COVID-19 recovery, which was fast and sharp, we are now dealing with a much different backdrop. This means buyers have more say now in the home-buying process.

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Is the Housing Market in a Bubble? How the Indicators Today Compare With the Great Recession

Realtor.com

Just a few months ago, home prices hit record heights, investors were gobbling up scores of homes, and buyers were racing to purchase whatever they could before prices rose even further. Then, quite suddenly, the market seemed to seize up and prices and sales began falling. Sound familiar? ® Chief Economist Danielle Hale.

Marketing 113
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By the Numbers: The Biggest Winners and Losers in Real Estate in 2021

Realtor.com

Realtor.com / Getty Images From the highest of high prices to the lowest of low numbers of homes for sale, there’s no denying that the COVID-19 pandemic upended the nation’s real estate market. Key stat: More than 300,000 people moved to the state between April 2020 and April 2021 . So the Realtor.com®

Investor 145
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Millennials Are Supercharging the Housing Market

Realtor.com

they have reached a housing milestone , accounting for more than half of all home-purchase loan applications last year. The generation’s growing appetite for homeownership is a major reason why many economists forecast home-buying demand is likely to remain strong for years to come. Parker Michels-Boyce for The Wall Street Journal.

Marketing 114
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Chicago Real Estate Market 2020 Overview

Marco Santarelli

The Chicago housing market recorded positive month-to-month and year-over-year increases in both prices and sales, reversing two months of declines in sales, a great sign that the market is bouncing back from the COVID-19 pandemic. percent from July 2019 sales. The city of Chicago saw year-over-year home sales increase 0.6

Marketing 140
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Sunshine, Beaches, and Sublime Breezes: How to Buy a House in West Palm Beach

HomeLight

It’s also home to multiple highly rated schools , and has a dynamic downtown district filled with shops and restaurants, many of which center around Rosemary Square , an upscale mixed-used development. This city has seen a steady increase in population ( about an 11% increase ) over the past decade or so. increase from 2019.

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Seattle Real Estate Market & Investment Overview 2020

Marco Santarelli

The Seattle real estate market showed a lot of resilience and is poised to recover the decline in sales, especially in the context of the slowdown experienced in April and May. That trend continued to follow even during the Covid-19 epidemic. That trend continued to follow even during the Covid-19 epidemic. from a year ago).

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