Brutal Suffocating Housing Market Reset as Prices Drop 12% in Major Cities

Home prices drop 12% year-over-year as mortgage rates soar. Affordability issues drive rental demand, while sellers slash prices and inventory rises. Creative financing offers opportunities, but risks remain as Federal Reserve rate cuts are unlikely. https://www.unitedstatesrealestateinvestor.com/brutal-suffocating-housing-market-reset-as-prices-drop-12-in-major-cities/?feed_id=21227&_unique_id=67cb5c643696a

Comments

Post a Comment

Popular posts from this blog

Raleigh Rezoning Approval Clears Way for 30-Story Tower

Image
Planning Commission's Role and Decision In an influential step toward reshaping Raleigh's skyline, the Planning Commission initiates a thorough examination of rezoning requests. This process is defined by both statutory and procedural guidelines. The Planning Commission follows a strict 60-day timeframe. Within this period, they recommend approvals or denials for rezoning cases. Within 45 days of application completion, the Commission scrutinizes applications. This review may encompass multiple sessions based on intricacy. Central to its planning process is consideration of recommendation criteria. These criteria involve compliance with Raleigh’s development standards and urban design. The Planning Commission 's work is intricately linked to the structured process that includes necessary public engagement through neighborhood meetings and public hearings. Community input also plays a crucial role. Public engagement includes neighborhood meetings which occur before Commissio...
Read more

Buffalo Subdivision Plan Unveiled Near New Bills Stadium

Image
Proposed Residential and Commercial Developments The industrial pulse of Buffalo is set to accelerate with the unveiling of a transformative subdivision plan near the new Bills Stadium. This has sparked intense interest among real estate investors and professionals. Proposed developments include a combination of single-family homes and multi-family units. This aims to accommodate workforce housing and families drawn by job growth in stadium-related commerce. Once the stadium, financed largely through public funds, is completed , it will shift the local economic landscape, allowing these housing developments to thrive. The residential zones promise green spaces and pedestrian-friendly layouts. Sustainable construction principles will guide both residential and commercial buildings. Retail centers and mixed-use structures intend to harness stadium visitor traffic. These developments emphasize locally owned businesses. Plans include an office park to support local startups. This will expa...
Read more

Building Strength, Family, and Future Through Real Estate with Kelley Skar

Image
Key Takeaways Success comes from courage, persistence, and burning the boats on Plan B. Balancing family and career requires communication and intentional presence. Embracing AI will determine who thrives in the next wave of business. United States Real Estate Investor The REI Agent with Kelley Skar https://youtu.be/9yout5a2MmM Follow and subscribe to The REI Agent  on social Facebook Instagram Youtube Linkedin X-twitter United States Real Estate Investor It's time to have an investor-friendly agent on your team! It's time to have an investor-friendly agent on your team! United States Real Estate Investor A Journey Begins with Resilience The latest episode of The REI Agent Podcast brought listeners a remarkable story of grit, family, and transformation. Mattias welcomes Kelley Skar, whose career journey from welding to real estate has inspired countless professionals. His story demonstrates how challenges can shape determination and how choosing the harder path of...
Read more