Tag Archives: housing

“The housing market is looking increasingly vulnerable with a price correction possible,” says one economist. ING’s chief international economist James Knightley points to the rapid rise in home prices making it more challenging for prospective buyers to save for a deposit at a time when inflation is shrinking real incomes and confidence is suffering. “On top of this, the latest housing data shows that this sector is the most vulnerable to the rising rates environment with the growing… Source link

When it comes to getting the best return on investment in the housing market, one real estate investor swears on student housing. “I think that’s the safest bet in real estate,” said Rogers Healy, CEO and Owner of Dallas real estate company Rogers Healy and Associates (video above). The student housing market is what initially drew Healy to real estate: He gained his footing in the real estate market as an undergraduate at Southern Methodist University in 2001. “If I could go do it all… Source link

One of the hottest housing markets in the Southeastern U.S. has been quietly thriving in the shadow of its brighter, louder, and more glamorous sister city Miami. Tampa, Florida, was rated 2022’s hottest housing market by Zillow (Z, ZG), beating out other Florida cities as well as other major metros like Phoenix and Austin, Texas. The city outranked other markets due to its number of potential buyers, scarcity of homes, home sales, and flourishing job market. Tampa’s home values are also… Source link

This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Tuesday, March 15, 2022 Rapid rent growth will persist The rent is too damn high. Once only referring to a single-issue political party led by former New York City mayoral candidate Jimmy McMillan in the 2000s, the phrase now resonates across the U.S. Rent growth, not just soaring energy prices, is doing its part to push inflation to a 40-year high… Source link

Ukraine blamed a missile strike on Russian separatists, who in turn accused Ukraine of ceasefire violations as the Eastern Europe situation grew more uncertain. Stocks around the world fell while gold and other safe-haven investments rose. The Dow Jones, S&P 500, and the Nasdaq all fell as the market opened. Gold jumped more than 1%, continuing its February climb. Key Takeaways Uncertainty ruled in Eastern Europe as Ukraine blamed a missile strike on Russian separatists, who in… Source link

High-stakes bidding wars. All-cash offers. Limited supply. After two years of scorching growth in the U.S. housing market, will there be a cool-down and possibly a fall in sales and prices in 2022, along with a return to some normalcy? Um, not exactly, several housing experts tell USA TODAY. “Home sales are likely to be slightly lower in 2022 from the anticipated rise in mortgage rates. Home prices, meanwhile, will continue to rise due to the ongoing housing shortage even as demand is clipped a… Source link

This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Friday, December 31, 2021 Working from home has hidden costs As we turn the calendar from 2021, certain pandemic-era macro trends are almost guaranteed to carry over into 2022.  One of them is the housing market, which — much like the labor market, where new unemployment claims remain close to their lowest in decades — is expected to remain… Source link

The hot housing market may finally be cooling off a bit. Pending home sales, a leading indicator of the housing market’s health, missed expectations and fell in November. The National Association of Realtors’ (NAR) Pending Home Sales Index, which tracks the number of homes that are under contract to be sold, dropped 2.2% in November from October. Analysts expected a 0.8% increase in sales, according to Bloomberg consensus estimates. Pending sales slid 2.7% from the same month a year… Source link

The U.S. housing market has been “bonkers” and is “still nuts” — words recently used by real estate guru Barbara Corcoran on Yahoo Finance Live. Since COVID-19 emerged, homes are being sold at a record clip and prices are skyrocketing across the nation. But the frenzy is especially magnified in one Sunbelt City. Austin is this year’s Yahoo Finance 2021 hottest housing market. According to almost every real estate company that tracks home prices, no matter how you slice and dice… Source link

Shark Tank host and real estate guru Barbara Corcoran is putting her money where her mouth is and scooping up shares of real estate marketplace giant Zillow (Z). Since being asked in a November Yahoo Finance interview if Zillow shares bottomed after falling 21% on news the company was ending its home buying operation, Corcoran says she was confident enough to jump on the stock.      “I did invest in Zillow, remember you asked me last time?” she said Thursday on Yahoo Finance Live. “I did,… Source link