Tag Archives: inflation

US housing markets considered ‘overvalued’ quadrupled in 2022

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Median home sale prices exceed the house-buying power of would-be buyers in 19 of 50 markets, according to data released Tuesday by First American Financial Corp. Continue reading →

Moody’s says odds of recession have risen to ‘uncomfortably high’ 59.5%

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Investors who fund mortgages are demanding unusually high premiums in comparison to government bonds, out of fears the loans they make now could quickly be refinanced if rates drop. Continue reading →

This is not a drill: A new, unfriendly housing market is already here

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The housing market is the last sneaker to drop in the sagging economy. Real estate was in a lucky place during the pandemic, but in the last few months, it has gone over to the dark side. Continue reading →

Don’t expect mortgage rate relief in 2023, Fannie Mae warns in forecast

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Even though the economy is probably headed for a recession next year, the Fed is seen as having a ways to go before inflation is under control. Continue reading →

Inman’s ultimate guide to navigating the topsy-turvy fall housing market

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Buyers and sellers face a new reality where bidding wars will be rare, days on market lengthen and markets go from boom to bust (and bust to boom). But don’t fear — Inman has you covered. Continue reading →

Real estate companies dip as stock market tallies worst day in 2 years

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Real estate stocks fell on Wall Street, too — though even before the carnage they were already hovering near all-time lows. Continue reading →

Housing inflation isn’t slowing yet. And it may prove tough to tame

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The slowing housing market has yet to significantly reduce costs for most Americans. But economists believe more rate hikes may be on the way. Continue reading →

‘Shrinkflation’ looms as incredible shrinking home hits luxury markets

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The size of the typical $1 million home plunged to 2,350 square feet in early 2022 after peaking at 3,021 square feet in mid-2020, according to new data released Tuesday from Zillow. Continue reading →

Gary Keller: The current market is ‘the most confusing I’ve ever seen’

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At Keller Williams’ annual Mega Camp conference, founder Gary Keller prepared agents for a rough 2023 as slowing home sales and other economic factors push everyone to the brink. Continue reading →