#Housing Markets

Phoenix, AZroselawgroupreporter.com

In Phoenix’s hot housing market, cash sales rise — and so do concerns

Phoenix realtor Brian Cross has been distributing bumper stickers lately, with a warning: “Don’t LA My PHX.”. But the trend has already begun. Phoenix is in the middle a real estate boom of extreme proportions, drawing headlines alongside cities like Austin, Texas, for its spiking home prices. One economist termed it “migration mania” — movement spurred by the pandemic, which has flooded housing markets with investors and out-of-state buyers.
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24/7 Wall St.

Cities Where the Middle Class Can No Longer Afford Housing

Inventory in the U.S. housing market hit a record low in 2021 as household growth, low interest rates, and the COVID-19 pandemic fueled a surge in demand for homes. The resulting inventory crunch has sent home prices to all time highs — and in major metropolitan areas across the country, the American middle class has […]
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Indiana Stateinkfreenews.com

Elkhart, Fort Wayne Fare Well In Emerging Housing Market Report

ELKHART – A new report from the Wall Street Journal and Realtor.com shows two Indiana communities are among the top 20 emerging housing markets out of 300 communities. The publication says the addition of real estate tax data to the Emerging Housing Markets Index is part of the reason. Fort...
Indiana StateWISH-TV

Two Indiana communities are named as ‘hot housing markets’

FORT WAYNE, Ind. (Inside INdiana Business) — A new report from the Wall Street Journal and Realtor.com shows two Indiana communities are among the top 20 emerging housing markets out of 300 communities. The publication says the addition of real estate tax data to the Emerging Housing Markets Index is part of the reason.
Real Estatebloomberglaw.com

Fannie Mae Has Advice for Home Appraisers: Watch Your Language (2)

“Show, don’t tell,” has always been a guiding rule for writers. Now it’s also the advice being given to home appraisers as the industry comes to terms with its own biases. Fannie Mae, or the Federal National Mortgage Association, recently identified “problematic phrases” that should be avoided in appraisals —...
Real Estateworldpropertyjournal.com

Sydney is Highest Appreciating Luxury Housing Market in the World

Miami, Los Angeles take second and third place for global cities with highest luxury price appreciation in 2021. According to Knight Frank's prime residential price forecast in 2021, with luxury prices in the city expected to rise 10% over the year, Sydney is leading the way. New research from Knight Frank reveals that luxury residential prices are forecast to rise faster than envisaged just six months ago.
Marketsdsnews.com

Traffic Trends Affecting Housing Market

The widespread telework trend is changing lives of remote workers and commuters alike as traffic patterns in busy metropolitan areas transform. As a result, the importance of—and premium on—living within a short drive to the office also is shifting. Remote work trends meant more homeowners could relocate to desirable regions...
Real Estaterealtor.com

🔴 Video: Weekly Economic and Housing Market Update

To keep up with the rapid changes COVID-19 is causing in the economy and housing market, the realtor.com® economics team provides a weekly blog and video update on the relevant real estate and economic information you need to know to navigate the housing market in these challenging times. This week,...
Real Estatednyuz.com

Burned by Hot Housing Market, Some Buyers Back Off

The first house was in Midvale, Utah — a three-bedroom, just over 2,100 square feet, listed for $479,000. Rob Ettaro and his girlfriend, Kaliana Veros, who had moved from western New York to Salt Lake City, drawn by career opportunities and the stunning scenery of the Wasatch Range, decided to make an offer.
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