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The savagely unhealthy housing market is now a nightmare

Housing Wire

from last year. Now that we are almost in July, we can safely say the premise that once mortgage rates hit 4%, the mass panic selling of American homeowners who need to get out at all costs, driving total inventory up in the millions, hasn’t happened. The only way this happens is higher rates. million , down 3.4%

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111 Shocking Real Estate Statistics You Need To Know

The Close

Statistics in this article: Real Estate Agent Statistics. There are currently more than 3 million active real estate licensees in the United States. Those numbers may be leveling off, marking a return to a normal expansion rate. Related Article. Related Article. Real Estate Agent Statistics. Looking for a Realtor?

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How Inflation Can Affect Mortgage Rates

Realty Biz

One area to keep a close eye on is whether the current surge of inflation will also bring a surge in mortgage interest rates. There is a very good reason to watch this metric because the rate of inflation traditionally remains below the rate for a 30-year mortgage. What is certain is that the economy is changing.

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FHFA House Price Index: Q1 2023 Reveals Record Highs and Regional Trends

Broke Agent Media

Dr. Anju Vajja Principal Associate Director in FHFA’s Division of Research and Statistics HousingWire’s Logan Mohtashami explained why this is happening in a recent article while debunking some popular myths about inventory. This is the reason behind HW’s weekly Housing Market Tracker article. house prices climbed 4.3% Vermont, 8.8%

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Housing Market 2020 Forecast: Will It Crash or Recover?

Marco Santarelli

Low mortgage rates, population growth, and an increase in buyer interest are further driving the demand for available housing. Record low mortgage rates are providing opportunities for buyers to lock-in low monthly mortgage payments for future years. nationwide for the week ending July 25, posting a 2.7

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Houston Real Estate Market 2020 Overview

Marco Santarelli

The second-best performer consisted of homes in the $500,000 to $750,000 range, which jumped 18.6 percent for the week ending July 6 fueled by the increase in listings that went under contract in May and June. percent for the week ending July 6 fueled by the increase in listings that went under contract in May and June.

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Chicago Real Estate Market 2020 Overview

Marco Santarelli

The trend for median days on market in Chicago has gone up since last month, and slightly down since last year. In 2018, the Chicago real estate appreciation rate was running at about half the national rate; at a 3 percent range when the nation was at 6 percent. percent from July 2019 sales. percent from July 2019.

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