As recent signals that the Fed’s “soft landing” recession isn’t going to come to fruition, financial markets responded accordingly. In addition to covering financial markets impact, we’re going to look into real estate. The DOW Jones and S&P 500 both dropped steadily Friday 10/7. The S&P has been on such a steady decline, the last …
Financial Markets Are Suffering, But What About Real Estate? Read More »
The vast majority of latest prognostications point to a shift in the housing market, in favor of buyers over sellers. It’s about time. America’s housing market has been brutal on homebuyer’s, renters, and those looking to lease in prime locations for years now. There is a lot of qualitative and quantitative analysis to suggest that …
According to recent trends witnessed primarily in California, but largely nationwide, the supply in the housing market appears to be growing, while the demand is shrinking. This is what experts are counting on leading to a “cool off” period in real estate prices. “Today, week after week, we see more and more inventory come on …
Is the US Real Estate Market Finally Starting to Cool Off? Read More »
New York City’s residential real estate market closed 2021 with many arguing it had the strongest performance in three decades. By mid-October, Manhattan contract signings already surpassed the previous record, which was 12,520 in 2013 (UrbanDigs). With a little under two weeks left in 2021, closings reached 14,774 (Cavanaugh, TheRealDeal). Already, that’s more than double …
New York City’s Housing Market Finishes Strong in 2021; Slowdown Expected in 2022? Read More »
Prices are rising, nearly universally. Inflation appears to be increasing at an increasing rate. Just about all credible economists are continuing to signal the inflation warning bells, with consumers continuing to pay more for everyday necessities, such as food and gasoline (Fox, CNBC). While we’re yet to see substantive, broad housing price increases, many believe …
Today’s hot housing market is one of the peculiar outliers to the pandemic (Campisi, Forbes). Housing supply was already low before COVID-19, however it was even further hampered, as lockdowns took place, enticing people to begin looking for new homes. Experts have attributed this to a desire to leave populated cities for better home offices …
As Fall 2021 Approaches, Will the Housing Market Cool Off? Read More »