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Trouble for Housing Market as Underwater Mortgages Rise: Crash Alert?

Marco Santarelli

Local factors like job markets, industry presence, and the pace of new construction can significantly influence housing trends within a particular state or even a metropolitan area. Tight inventory, with a scarcity of homes available for purchase, and a strong investor market could act as buffers, preventing a significant price drop.

Mortgages 104
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Are 10% Mortgage Rates on the Horizon: Prediction Says Maybe

Marco Santarelli

Builders may be hesitant to start new construction projects if they anticipate a decrease in demand. The Federal Reserve's website and financial news outlets are good resources. Get Pre-Approved for a Mortgage: Pre-approval clarifies your borrowing power and strengthens your offer when you find the right home.

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Red-Hot Pre-Construction……….In Kitchener?

Toronto Realty Blog

Five people sent me pricing for new construction projects, but one in particular really, really stood out. ” This is actually very, very common in the pre-construction world. I just asked an agent in my office, “How much do you think pre-construction condos are selling for in Kitchener?”

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Midland TX Housing Market Forecast 2023: Will it Crash?

Marco Santarelli

Investors are snapping up homes. In September 2023, 23% of homes sold in Midland were purchased by investors. New construction is increasing. The number of new homes permitted in Midland has increased by 15% year-over-year in the first nine months of 2023. This is up from 18% last year.

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Monday Morning Quarterback: Your Government(s) Are Lying To You About Housing!

Toronto Realty Blog

At a cost of $1,000 per square foot to build, a developer can’t afford to buy the land and pre-sell the units at a profit. 2) The construction of real estate has been made more difficult and more expensive, in part, because of the government. Ever heard of an Environmental Compliance Approval? So where does that leave us?

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NewHomesMate Helps Homebuyers Find the Best Newly Built Home

Realty Biz

in seed funding from several venture capital firms and angel investors, Propertymate announced it has rebranded as NewHomesMate and expanding to nine new markets, in addition to the preexistent Austin: Dallas, Houston, Orlando, Jacksonville, Tampa, San Antonio, Miami - Ft. Step six : Have you been pre-approved by a lender?

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23 ways to find off-market, hidden inventory

Real Trends

Connect with investors. Those investors don’t purchase every home they’re presented with. Find investor groups at Meetup.com or start your own. Find investor groups at Meetup.com or start your own. There are lots of private groups on Facebook for investors and flippers. What happens to their turn-downs?