Tag Archives: Markets & Economy

6 economists predict what the 2020 housing market has in store

By Marian McPherson | December 10, 2019 - 9:00 am |December 10, 2019 Uncategorized

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2020’s housing market will be strikingly similar to 2019 as low mortgage rates bolster buyer demand amidst a persistent inventory shortage. Continue reading →

November inventory nosedives as demand outpaces supply

By Marian McPherson | December 9, 2019 - 5:39 pm |December 9, 2019 Uncategorized

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Inventory levels declined 9.5 percent year-over-year in November as low mortgage rates push more buyers to the market. Continue reading →

Bidding wars plunge to 10-year low

By Veronika Bondarenko | December 9, 2019 - 4:53 pm |December 9, 2019 Uncategorized

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The number of home offers to be fraught by bidding wars is down 20 percent year-over-year, according to a new Redfin study. Continue reading →

Zillow Offers expands to Los Angeles and Orange County

By Veronika Bondarenko | December 9, 2019 - 4:29 pm |December 9, 2019 Uncategorized

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The company also announced plans to launch Zillow Offers in new markets in Ohio, Florida, Oklahoma and Arizona by early 2020. Continue reading →

Latest employment news is too good for a rate drop

By Lou Barnes | December 6, 2019 - 10:46 pm |December 6, 2019 Uncategorized

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The latest jobs report is good; most other factors are stable. The economic wild card is the uncertain prospects for the outcome of the trade talks with China. Continue reading →

Ben Kinney Companies acquires 7th Keller Williams franchise

By Jim Dalrymple II | December 6, 2019 - 9:36 pm |December 6, 2019 Uncategorized

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The purchase of Keller Williams Marysville brings Ben Kinney Companies’ total agent count to more than 1,450 and further extend’s the firm’s reach in the Pacific Northwest. Continue reading →

Check out this ‘secret’ high-end trailer park in the Hamptons

By Veronika Bondarenko | December 6, 2019 - 4:13 pm |December 6, 2019 Uncategorized

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Some working-class homeowners have been able to hold on to their mobile homes even as property values soar across the Hamptons. Continue reading →

The year ahead: More growth, but at a slower pace

By Matthew Gardner | December 6, 2019 - 10:46 am |December 6, 2019 Uncategorized

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In 2020, Windermere Real Estate’s Chief Economist Matthew Gardner expects payrolls to continue growing, but the rate of growth will slow as the country adds fewer than 1.7 million new jobs. Continue reading →

Inman News quiz: Think you’re on top of the week’s biggest stories?

By Inman | December 6, 2019 - 9:00 am |December 6, 2019 Uncategorized

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The real estate industry threw some curveballs. Take Inman’s real estate news quiz to demonstrate how strong your talking points and cocktail banter are this week. Continue reading →

Home prices could grow by 5.4 percent by October 2020: CoreLogic

By Veronika Bondarenko | December 3, 2019 - 1:00 pm |December 3, 2019 Uncategorized

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Home prices grew by 3.5 percent in October and are expected to rise by 5.4 percent by the same time next year, according to CoreLogic. Continue reading →