Tag Archives: Markets & Economy

2023 fall outlook: A cooler season roiled by homebuyer-seller friction

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Commissions will take a hit from the seasonal real estate transaction fall-off. But unlike last year, home price growth may gain steam, according to an Intel analysis of housing market projections. Continue reading →

The 2023 fall housing market won’t look anything like the 2022 market

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Windermere Real Estate Chief Economist Matthew Gardner revealed to Intel why an inventory surge in the fall of 2022 may have been a blip — and what that might mean for the housing market. Continue reading →

Home values fell in 21 of the 50 largest US metros in August: Zillow

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Home values are now 11.4 percent lower in Austin, Texas, than they were in Aug. 2022, Zillow said. Nationally, prices were up slightly from July to August. Continue reading →

Here’s what you can do to mitigate the ‘lock-in effect’ for clients

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Splitero CEO Michael Gifford explains how rising interest rates and limited housing inventory are intensifying the real estate “lock-in effect,” leaving homeowners feeling trapped in their current properties. However increased home equity could offer s… Continue reading →

Skittish sellers, hungry buyers: How the Fed tanked housing

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Goldman Sachs economist Michael Murdoch criticized the Federal Reserve’s rate strategy at Ben Kinney Companies’ BuiltHOW conference on Tuesday and shared how upcoming policies could impact the 2024 housing market. Continue reading →

Rent remains near record highs, but the balance of power is shifting

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At $2,052, the median monthly rent remains near its all-time high. But builders are wrapping up construction on thousands of new units, and rents could start falling soon. Continue reading →

Divvy Homes letting 95 employees go, including senior managers

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The third round of layoffs in the last 12 months affects employees in 21 states, including Divvy’s chief legal officer, vice president of compliance and head of design. Continue reading →

Consumer homebuying sentiment has plateaued at ‘pessimistic’

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Most Americans polled by Fannie Mae last month said they would rather buy than rent, but a record-high 82 percent also said August was a bad time to buy. Continue reading →