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Daren Blomquist’s 2023 housing outlook

Housing Wire

This article is part of our 2022 – 2023 Housing Market Forecast series. These buyers are primarily local community developers who purchase distressed properties and then resell or rent those properties on the retail market following rehab — a process that typically takes six to 12 months. . Cincinnati and Miami.

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What do economic trends mean for housing in 2023?

Housing Wire

This article is part of our ongoing 2023 Housing Market Forecast series. This weakness in homebuyer demand and the ongoing purchasing power impact of higher interest rates has also begun to show up in home prices, which are down on a year-to-year basis for the first time in over a decade. In March 2023, it was just 2.2

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Housing Market Tracker: Still no spring inventory lift

Housing Wire

Active inventory fell by 3,141, and new listing data fell again and is still trending at all-time lows. In this article I talked about how to look at housing credit getting tighter during the next recession. Today, per the previous existing home sales report, we are at 980,000 total active listings.

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Is It The Private Sector’s Job To Build Affordable Housing?

Toronto Realty Blog

It’s nothing new. Over the last year, I have noticed an increasing number of newspaper articles, opinion pieces, or quotes on social media that seem to “blame” the private sector for the housing crisis. TorontoRealtyBlog I’ll be honest: I wasn’t sure how to begin today’s blog post.

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Existing home sales are working from a historic low bar

Housing Wire

Today, we saw existing home sales slip a bit month to month, which isn’t surprising to me as purchase application data started its positive run in November. That data line typically looks out 30-90 days for sales — it doesn’t move as fast as some people think. From NAR : Existing-home sales waned 1.0%

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Housing Market Recession

Housing Wire

This article is part of our 2022 – 2023 Housing Market Forecast series. The economy looks to be ending 2022 on a positive note, unfortunately, it doesn’t alter our view that we’ll likely enter a mild recession in the new year. percent in 2022 before entering a modest recession in the new year.

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Will 2022 be a good year for real estate investors?

Housing Wire

This article is part of our HousingWire 2022 forecast series. Experienced real estate investors often say that there are opportunities in every market — whether prices are rising or falling, whether the trends lean towards a buyers’ market or a seller’s market. The event is exclusively for HW+ members , and you can go here to register.

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