Tag Archives: Markets & Economy

Lumber prices sawed in half in 2nd pandemic-era plunge

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The price of lumber has taken another dramatic downturn, just the latest wild swing for builders in the cost of home construction. Continue reading →

Final days of frenzy as buyers raced to outrun climbing rates in March

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Home price growth continued in March as homebuyers snatched up homes ahead of further rate hikes, according to new data Tuesday from the Federal Housing Finance Agency and Case-Shiller. Continue reading →

Don’t stay silent! Confront the scourge of Asian hate

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Members of the AAPI community are carrying an undue burden in their quest to build financial wealth through homeownership. As members of the real estate community, it is our job to support homeownership for all. Continue reading →

Market shifts, rate hikes and why real estate stocks can’t get a break

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As real estate enters what one observer called a “Wile E. Coyote” moment, real estate companies’ share prices continue to struggle amid market uncertainty. Continue reading →

‘Sellers are starting to freak out:’ Redfin CEO sees market slowdown

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During his latest CNBC appearance, Redfin CEO Glenn Kelman said rising mortgage rates, softening home price growth and changing buyer attitudes are all signs of an impending shift. Continue reading →

List prices are finally starting to fall

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Nearly 1 in 5 homesellers dropped their listing price during the four-week period ending May 22, a high watermark unmatched since October 2019, according to a new report from Redfin. Continue reading →

Time to get creative: 3 strategies for finding buyers homes

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Buying a home is hard, but it’s not impossible. As a knowledgeable expert with a fiduciary duty to your clients, it’s your role to help buyers weigh and evaluate their options. Continue reading →