Lyon Real Estate: Cooling trend underway in housing market
Lyon Real Estate: Cooling trend underway in housing market
A red-hot residential real estate market in recent years has finally cooled a bit, with interest rate hikes putting many would-be buyers into a hesitation mode.
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A red-hot residential real estate market in recent years has finally cooled a bit, with interest rate hikes putting many would-be buyers into a hesitation mode.
A red-hot residential real estate market in recent years has finally cooled a bit, with interest rate hikes putting many would-be buyers into a hesitation mode.
Atlanta's housing market activity declined again in September as high home prices and rising mortgage rates continued to hammer potential homebuyers and sellers.
Atlanta's housing market activity declined again in September as high home prices and rising mortgage rates continued to hammer potential homebuyers and sellers.
Whether due to a seasonal change or wider economic factors, the Denver metro-area housing market continues to slow down.Β
For the first time since July 2020, the close-price-to-list-price ratio dipped below 100% last month, according to the latest report from the Denver Metro Association of Realtors (DMAR).Β Augustβs close-price-to-list-price ratio was 99.41%, indicating that many buyers are no longer offering over-asking on new homes.Β
Other indicators of a slower market were the fact tha...
Whether due to a seasonal change or wider economic factors, the Denver metro-area housing market continues to slow down.Β
For the first time since July 2020, the close-price-to-list-price ratio dipped below 100% last month, according to the latest report from the Denver Metro Association of Realtors (DMAR).Β Augustβs close-price-to-list-price ratio was 99.41%, indicating that many buyers are no longer offering over-asking on new homes.Β
Other indicators of a slower market were the fact tha...
The $3 million and over market is still humming along in the city.
The $3 million and over market is still humming along in the city.
Lennar Corp. has started trimming prices and offering buyer incentives in some areas of the U.S. to bolster sales in a cooling housing market.Rapidly rising mortgage rates and economic headwinds have depressed new orders and buyer traffic in June and increased deal cancellations, the builder said on a call with analysts Tuesday.For now, Lennar is sticking to its earlier forecast for deliveries of about 68,000 homes in its full fiscal year. The catch is that, with demand now starting to wane aft...
Lennar Corp. has started trimming prices and offering buyer incentives in some areas of the U.S. to bolster sales in a cooling housing market.Rapidly rising mortgage rates and economic headwinds have depressed new orders and buyer traffic in June and increased deal cancellations, the builder said on a call with analysts Tuesday.For now, Lennar is sticking to its earlier forecast for deliveries of about 68,000 homes in its full fiscal year. The catch is that, with demand now starting to wane aft...
The data signals "the end of a hot housing market."
The data signals "the end of a hot housing market."
Portland's housing market has, per yet another residential sales indicator, slowed considerably.
But not as much as Seattle.
Redfin's latest index-based glimpse at the housing market indicates that the Rose City's climate ranks 14th worst in the country in terms of prices, price drops, supply, pending sales, sales-to-list ratio and speed-of-home sales. Portland, however, fared far better than many major West Coast cities in the report. Seattle, Redfin revealed, has the country's worst climate ...
Portland's housing market has, per yet another residential sales indicator, slowed considerably.
But not as much as Seattle.
Redfin's latest index-based glimpse at the housing market indicates that the Rose City's climate ranks 14th worst in the country in terms of prices, price drops, supply, pending sales, sales-to-list ratio and speed-of-home sales. Portland, however, fared far better than many major West Coast cities in the report. Seattle, Redfin revealed, has the country's worst climate ...
Even with another annual surge of over 20%, the pace of home-price growth eased in May and experts anticipate even further moderation over the next year.Β Home prices rose by 20.2% year over year in May, slowing from a pace of 20.9% one month earlier, according to CoreLogicβs Home Price Index, which is based on analyses of public record, servicing and securities real-estate databases. The monthly increase in price levels also came in lower, at 1.8%, compared to 2.6% from March to April. Fear...
Even with another annual surge of over 20%, the pace of home-price growth eased in May and experts anticipate even further moderation over the next year.Β Home prices rose by 20.2% year over year in May, slowing from a pace of 20.9% one month earlier, according to CoreLogicβs Home Price Index, which is based on analyses of public record, servicing and securities real-estate databases. The monthly increase in price levels also came in lower, at 1.8%, compared to 2.6% from March to April. Fear...
A weekend topic starting with WTOP. ββWeβve seen a huge slowdown in demand. In fact, Iβm talking to real estate agents who are canceling open houses because they say nobody is showing up right now,β said Diana Olick, who has covered real estate for CNBC for two decades. βThe sky is no longer the limit for homeowners. And thatβs what real estate agents are having to tell them.'β From CBS News. ββThe housing market is in a downturn right now. Itβs cyclical, and it just d...
A weekend topic starting with WTOP. ββWeβve seen a huge slowdown in demand. In fact, Iβm talking to real estate agents who are canceling open houses because they say nobody is showing up right now,β said Diana Olick, who has covered real estate for CNBC for two decades. βThe sky is no longer the limit for homeowners. And thatβs what real estate agents are having to tell them.'β From CBS News. ββThe housing market is in a downturn right now. Itβs cyclical, and it just d...
The housing market in Seattle and King County has undergone recent changes that have provided buyers with an increased number of options. The people who live in Seattle have never had as many options for places to live as they do right now, which means that now might be a good time to buy a house. There were fewer pending home sales which means that houses are staying on the market for much longer periods of time. According to a new analysis from Redfin, a technology-powered real estate brokerag...
The housing market in Seattle and King County has undergone recent changes that have provided buyers with an increased number of options. The people who live in Seattle have never had as many options for places to live as they do right now, which means that now might be a good time to buy a house. There were fewer pending home sales which means that houses are staying on the market for much longer periods of time. According to a new analysis from Redfin, a technology-powered real estate brokerag...