Tag Archives: Markets & Economy

This tiny Midwestern village was Zillow’s most-searched city of 2022

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Prairie City, Kansas, on the Kansas-Missouri state line, was Zillow’s most popular housing market in 2022, drawing unusually high traffic and leading the site for daily page views, the portal revealed. Continue reading →

Existing-home sales drop in November as median prices inch up

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Sales of existing homes in November fell 7.7 percent to a seasonally adjusted annual rate of 4.09 million, according to data released Wednesday by the National Association of Realtors. Continue reading →

Bah humbug! Mortgage rates fall, but holidays curtail buyer demand

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It’s a slow time of year for homebuying, so it’s not surprising to Mortgage Bankers Association Chief Economist Mike Fratantoni that purchase applications didn’t jump last week. Continue reading →

Cheers! 23 resolutions, unpopular opinions and hard truths for 2023

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Ready or not the new year is on the horizon. Trainer Rachael Hite has 23 resolutions, unpopular opinions and hard truths that just might change your business in 2023. Continue reading →

US housing starts and permits fall in November. But completions surge

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Housing starts fell 0.5 percent below October levels, inching to a seasonally adjusted rate of 1.43 million, while completions rose 10.8 percent month over month, according to U.S. Census Bureau data issued Tuesday. Continue reading →

Improved mortgage rate outlook could bode well for home sales

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Fannie Mae economists are not quite as gloomy about the 2023 home sales outlook as mortgage rates retreat from 2022 highs, with more room to ease. Continue reading →

It’s official: 2022 shows homebuilder sentiment declines for every month

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While December’s data represented the 12th straight decrease in homebuilder sentiment, there is a “silver lining.” The average price reduction was 8 percent, up from 5 or 6 percent earlier this year, report says. Continue reading →

Real estate in 2022: When the #@!$ finally hit the fan

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Soaring mortgage rates, slagging sales, thousands and thousands of layoffs: The past 12 months have offered a jarring reminder that what goes up must come down. Continue reading →

8 tips for becoming the go-to expert in your market

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There’s no doubt about it — being an expert in your market takes work — but it’s worth it! Make the new year ahead your opportunity to grow your expertise and, in turn, your business.   Continue reading →