Category: Housing Market
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The State With 4 of America’s Hottest Housing Markets—and the ‘Red-Hot’ City at the Top
America’s housing market has been tepid at best lately, with mortgage rates edging closer to 7% and already-high median prices remaining flat nationwide. However, the top 20 hottest housing markets in the country saw a 2.9% price increase in October compared to last year, with the median-priced home at $424,950. High Demand and Scarce Inventory…
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BREAKING: Donald Trump Set for White House Return, GOP Clinches Senate in Historic Election Shift
In a stunning election outcome, Donald Trump is poised to return to the White House after securing key battleground states like Pennsylvania, North Carolina, and Georgia. Republicans have also gained control of the Senate, and Trump’s performance outshined his 2020 tally in several regions. Speaking to supporters, the GOP nominee celebrated what he called a…
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US Multifamily Market Rebounding: Signs of Increasing Apartment Demand
The US multifamily market is showing promising signs of recovery. For the first time in three years, vacancy rates for U.S. apartments are stabilizing as demand ramps up, potentially signaling rent increases on the horizon. Vacancies Stabilize: After years of high vacancies due to a construction boom, the apartment market is regaining stability. CoStar reports…
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Election Fever 2024: What the Data Tells Us About the Nation’s Pulse
With the 2024 presidential election just around the corner, the U.S. is once again buzzing with opinions, forecasts, and fervor. While Americans express dissatisfaction with the current state of the nation and President Biden’s administration, the data shows that voters are approaching this election with a complex mix of emotions, commitments, and priorities. Here’s a…
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The Number of Homes for Sale Reaches Highest Level Since 2019—Even in Pandemic ‘Boomtowns’
In the dynamic world of real estate, change is the only constant. The pandemic sent the market into overdrive, but higher mortgage rates had slowed the pace—until now. The number of homes for sale has surged, reaching the highest levels since 2019, even in the pandemic ‘boomtowns.’ Market Surge: Key Insights According to Realtor.com®’s senior…
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🌟 U.S. Economy Grew at 2.8% Rate in Third Quarter 🌟
In a key economic report released just days before the presidential election, the U.S. economy continues to show resilience, driven by robust consumer spending and cooling inflation. According to the Commerce Department, the gross domestic product (GDP), adjusted for inflation, expanded at a 2.8 percent annual rate in the third quarter. This growth rate closely…
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First-Time Homebuyers Are Snapping Up Homes in These Surprising States
Despite challenging conditions in the housing market, first-time homebuyers, especially millennials, are making significant strides in certain states. The latest market outlook report from Freddie Mac reveals interesting trends that real estate developers and investors should pay close attention to as we move forward into 2025. Rising Share of First-Time Buyers Freddie Mac reports that…
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Real Estate Market Insights: National Report
The housing market continues to evolve, reflecting broader economic trends and shifts in consumer behavior. The National report from Matrix provides key insights into current market conditions, highlighting the interplay between supply, demand, and economic factors that are shaping the landscape for real estate developers and investors. Key Takeaways Regional Highlights The report breaks down…
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Discover the Top 10 Cities with the Lowest Cost of Living: Maximizing Your Dollar
As Americans face rising financial pressures from housing costs, utilities, and everyday expenses, the quest for affordable living has never been more crucial. However, hope is not lost—there are cities where your paycheck can stretch significantly further. Recent research from the economic team at Realtor.com® reveals the cities where you can enjoy a high quality…
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Understanding Inflation and Its Impact on Real Estate
Despite slowing inflation over the past two years, there’s a noticeable gap between official data and what many Americans experience daily. Real estate investors and developers must consider these dynamics to navigate the market effectively. What’s Behind the Disconnect? The disconnect is partly due to: Global Economic Outlook The International Monetary Fund (IMF) indicates that…
Daniel Kaufman Real Estate 