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Sunbelt Cities Remain Top Destinations Despite Rising Home Prices

Sunbelt Cities Remain Top Destinations Despite Rising Home Prices

Sunbelt Cities Remain Top Destinations Despite Rising Home Prices
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Sunbelt Cities Remain Top Destinations Despite Rising Home Prices
Sunbelt Cities Remain Top Destinations Despite Rising Home Prices
Sunbelt Cities Remain Top Destinations Despite Rising Home Prices
Sunbelt Cities Remain Top Destinations Despite Rising Home Prices
nationalmortgageprofessional nationalmortgageprof... | 1 year ago
Miami and other Sunbelt locations, including Phoenix and Tampa, remain the country’s top destinations this year despite surges in home prices, says online real estate brokerage firm Redfin. In Miami, the number one place to move to, especially for New Yorkers, said Redfin, the typical home sold for $475,000 in April, up from $330,000 two years ago, shortly after the Covid-19 pandemic hit the United States.
Miami and other Sunbelt locations, including Phoenix and Tampa, remain the country’s top destinations this year despite surges in home prices, says online real estate brokerage firm Redfin. In Miami, the number one place to move to, especially for New Yorkers, said Redfin, the typical home sold for $475,000 in April, up from $330,000 two years ago, shortly after the Covid-19 pandemic hit the United States.
Home prices keep rising, despite drop in sales
Home prices keep rising, despite drop in sales
Home prices keep rising, despite drop in sales
Home prices keep rising, despite drop in sales
Broadcast Media Production and... Broadcast Media Prod... | 2 years ago
CNBC's Diana Olick joins 'The Exchange' to report on the housing market and mortgage rates.
CNBC's Diana Olick joins 'The Exchange' to report on the housing market and mortgage rates.
Despite decline in sales, Twin Cities home prices went up in June
Despite decline in sales, Twin Cities home prices went up in June
Despite decline in sales, Twin Cities home prices went up in June
Despite decline in sales, Twin Cities home prices went up in June
bizjournals bizjournals | 1 year ago
The existing home inventory in the Twin Cities is growing and sales are down compared to a year ago, but median sale prices for homes continue to increase. The median home price in June was $380,000, a 9% jump from the same month 2021 and an increase of nearly a quarter since June 2020, according to a Monday report from two local Realtor associations. Despite increasing inventory and relatively slow sales, home shortages will continue to sustain strong offers and keep prices high, the report sa...
The existing home inventory in the Twin Cities is growing and sales are down compared to a year ago, but median sale prices for homes continue to increase. The median home price in June was $380,000, a 9% jump from the same month 2021 and an increase of nearly a quarter since June 2020, according to a Monday report from two local Realtor associations. Despite increasing inventory and relatively slow sales, home shortages will continue to sustain strong offers and keep prices high, the report sa...
Despite Atlanta's rising home values, buying is still cheaper than renting
Despite Atlanta's rising home values, buying is still cheaper than renting
Despite Atlanta's rising home values, buying is still cheaper than renting
Despite Atlanta's rising home values, buying is still cheaper than renting
bizjournals bizjournals | 2 years ago
Compared to renters, local home owners saved hundreds on their monthly payments in March.
Compared to renters, local home owners saved hundreds on their monthly payments in March.
Housing Prices in 2022 Keep Rising Despite Inflation Falling in July
Housing Prices in 2022 Keep Rising Despite Inflation Falling in July
Housing Prices in 2022 Keep Rising Despite Inflation Falling in July
Housing Prices in 2022 Keep Rising Despite Inflation Falling in July
mashvisor mashvisor | 1 year ago
The Federal Reserve’s recent actions against inflation might have caused it to go lower, but US housing prices 2022 are still on the rise. We saw the Fed increase interest rates by 0.75 bps in its July meeting to combat the upward movement of inflation. Whether the Fed was successful in its fight against inflation or not is still up for discussion. However, we’re seeing a fall in last month’s inflation rate since it reached its highest point in 40 years in June 2022.  The lower inflation ...
The Federal Reserve’s recent actions against inflation might have caused it to go lower, but US housing prices 2022 are still on the rise. We saw the Fed increase interest rates by 0.75 bps in its July meeting to combat the upward movement of inflation. Whether the Fed was successful in its fight against inflation or not is still up for discussion. However, we’re seeing a fall in last month’s inflation rate since it reached its highest point in 40 years in June 2022.  The lower inflation ...
Sedgwick County home sales drop, but prices remain strong
Sedgwick County home sales drop, but prices remain strong
Sedgwick County home sales drop, but prices remain strong
Sedgwick County home sales drop, but prices remain strong
bizjournals bizjournals | 1 year ago
The latest Sedgwick County data from South Central Kansas MLS showed a 23% drop in September home sales compared to the previous year, while housing inventory maintained a low level.
The latest Sedgwick County data from South Central Kansas MLS showed a 23% drop in September home sales compared to the previous year, while housing inventory maintained a low level.
Home showings soaring in Dallas-Fort Worth despite higher prices, mortgage rates
Home showings soaring in Dallas-Fort Worth despite higher prices, mortgage rates
Home showings soaring in Dallas-Fort Worth despite higher prices, mortgage rates
Home showings soaring in Dallas-Fort Worth despite higher prices, mortgage rates
bizjournals bizjournals | 1 year ago
Quickly rising mortgage rates, high home prices and a persistent inventory shortage aren’t enough to sideline Dallas-Fort Worth home shoppers, judging by new data on the number of showings per listing.
Quickly rising mortgage rates, high home prices and a persistent inventory shortage aren’t enough to sideline Dallas-Fort Worth home shoppers, judging by new data on the number of showings per listing.
D.R. Horton considering smaller home product as rising home prices threaten affordability
D.R. Horton considering smaller home product as rising home prices threaten affordability
D.R. Horton considering smaller home product as rising home prices threaten affordability
D.R. Horton considering smaller home product as rising home prices threaten affordability
bizjournals bizjournals | 1 year ago
During an earnings call on Tuesday, D.R. Horton executives floated the possibility of offering a smaller home size as affordability pressures continue to plague potential homebuyers.
During an earnings call on Tuesday, D.R. Horton executives floated the possibility of offering a smaller home size as affordability pressures continue to plague potential homebuyers.
Bonds Remain Resilient Despite Supply-Related Headwinds
Bonds Remain Resilient Despite Supply-Related Headwinds
Bonds Remain Resilient Despite Supply-Related Headwinds
Bonds Remain Resilient Despite Supply-Related Headwinds
News & media website News & media website | 1 year ago
Bonds Remain Resilient Despite Supply-Related Headwinds Supply and Demand 101 tells us that higher supply means lower prices, all other things being equal.  The same is true for the bond market.  Supply is fairly predictable at times, but some sectors wax and wane more than others.  The corporate bond market is one such sector and it has seen supply ramp up aggressively in the past 2 weeks.  Combine that with the already known but still relevant challenge of taking down this week's Treasury ...
Bonds Remain Resilient Despite Supply-Related Headwinds Supply and Demand 101 tells us that higher supply means lower prices, all other things being equal.  The same is true for the bond market.  Supply is fairly predictable at times, but some sectors wax and wane more than others.  The corporate bond market is one such sector and it has seen supply ramp up aggressively in the past 2 weeks.  Combine that with the already known but still relevant challenge of taking down this week's Treasury ...
Rising mortgage rates are sending home prices lower
Rising mortgage rates are sending home prices lower
Rising mortgage rates are sending home prices lower
Rising mortgage rates are sending home prices lower
latimes latimes | 1 year ago
For the first time in a decade, home prices in Southern California are definitively falling. After 10 years of largely uninterrupted gains, home values have turned negative, the result of rising mortgage rates that have squashed demand and caused sales to plummet. The typical Southern California home price is now nearly 6% below the all-time high reached in May, according to data released Wednesday by Zillow. In September, the typical home price for the six-county region dropped 0.6% from Augus...
For the first time in a decade, home prices in Southern California are definitively falling. After 10 years of largely uninterrupted gains, home values have turned negative, the result of rising mortgage rates that have squashed demand and caused sales to plummet. The typical Southern California home price is now nearly 6% below the all-time high reached in May, according to data released Wednesday by Zillow. In September, the typical home price for the six-county region dropped 0.6% from Augus...