Citigroup’s downgrade of homebuilders Lennar and D. R. Horton has spurred a warning from Raymond James, one of the biggest investment banking firms in the U.S., for Florida’s sluggish real estate market. Shares of the two homebuilders have been falling since Citi Read More
Detroit is now the most overpriced housing market in the United States, edging out Atlanta, which held the spot for more than a year. Homes in the Detroit metro area are 40.79% overvalued, while housing premiums in Atlanta are 40.37% overvalued, according Read More
At Inman Connect Las Vegas, July 30-Aug. 1, 2024, the noise and misinformation will be banished, all your big questions will be answered, and new business opportunities will be revealed. Join us. As the real estate market continues to evolve, navigating these Read More
Housing inventory appears to be making a comeback in the Las Vegas Valley after a dismal first quarter, according to statistics from the Las Vegas Realtors. Inventory was down more than 20 percent in the first quarter of 2024 compared with the Read More
Major Home-Ownership Expenses Now Consume 35 Percent of Average Wage Nationwide; Portion Hits High Point in Over a Decade as Median Home Price Soars to Another Record IRVINE, Calif. – July 3, 2024 — ATTOM, a leading curator of land, property and Read More
Study: Metro Detroit leads US in overvalued homes Researchers at two Florida universities conducted a study to determined the most and least overvalued housing markets in the U.S. – metro Detroit ranked at the very top. (FOX 2) – Are homes in Read More
New York City’s housing market in Manhattan saw sales rebound for the first time in two years, according to a report from Douglas Elliman and Miller Samuel, while prices fell in the second quarter of the year. Read more: Current Mortgage Rates Read More
With today’s growing real estate market, financial analysts are beginning to look around in concern at the economic climate. Some have started muttering about 2008, the last big recession when the real estate market crashed badly and took four years to recover. Read More
In a recent disclosure by Miami-Dade County Property Appraiser Pedro J. Garcia, it has been confirmed that the county’s real estate market is continuing to surge. The preliminary taxable values for the year 2024 were certified, showcasing a countywide increase to $471.5 Read More
July 2, 2024 Purportedly won in a bet, the Bay Area’s only private island is up for sale with an asking price of $25 million. A tour of one of Chris Lim’s real estate listings in the San Francisco Bay Area requires Read More
A city councilman in Newark, California, quit his role after being “priced out” of buying a home in the city and he lamented the struggle that working people face to afford purchasing property in the area amid expensive mortgages. In a Facebook Read More