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The last stand for forbearance housing market crash bros?

Housing Wire

million homes remain in forbearance and can therefore be considered at risk. Forbearance will have to end at some point, and when it does, couldn’t all these homes flood the housing market at once, driving prices down and scaring would-be homeowners away from purchasing? This means home price growth is getting too hot!

Marketing 544
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2023 Starts With Hopeful Signs, or Average People Are Smarter Than a Writer for The Atlantic

Notorious ROB

A reader sent me this provocative article in The Atlantic, with the provocative title, “ The Homeownership Society Was a Mistake.” As a piece of “journalism” published in one of our most prestigious publications, it was merely evidence that The Atlantic probably should stop publishing.

As-is 76
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Quick Hits!

Toronto Realty Blog

There’s something so pure and so special about 3,000 hits, and although there are more members of that club than the 500 home run club, it remains special for reasons I can’t delve into right now. Probably since I passed the 2,000 mark. Probably since I passed the 2,000 mark. But my favourite is the 3,000 hit-club.

Banks 79
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Local Housing Markets: Fargo, Bergen County and 30A, Florida

Housing Wire

Recently, Bergen County has been home to one of the hottest housing markets in the country. People aren’t moving because they are tied into low-interest rates, so they aren’t listing their home. But, homes are not receiving the same volume of offers that they used to. “At Bergen County, N.J. It really is paradise here.

Marketing 370
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Who Suffers The Most When Interest Rates Rise?

Toronto Realty Blog

I have a tanning bed at home, you should get one.” Energy, groceries, shelter costs drive fastest rise in consumer-price index since December 1981. That was the headline of the article. TorontoRealtyBlog. Do you subscribe to the Wall Street Journal ? Inflation Hit 8.6% It was humbling, to say the least.

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Salt Lake City Real Estate Market & Investment Overview

Marco Santarelli

The median home price in “Salt Lake County” was $378,411 in 2020, +10.5% Total home sales were up 5.5% The inventory has sharnk to an extremley low level and home prices in Salt Lake City are expected to rise by record levels in 2021. Housing data by Salt Lake Board of Realtors®. as compared to 2019.

Marketing 124
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Year-over-year Rent Growth Continues to Decelerate

Calculated Risk Real Estate

This has been confirmed (mostly due to work-from-home), and also led to the supposition that household formation would slow sharply now (mostly confirmed) and that asking rents might decrease in 2023 on a year-over-year basis. Our national rent index increased by 0.5 percent, its lowest level since March 2021.