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Cape Coral, Fla., is off 7 percent from its recent peak, while North Port, Fla., has dropped 6 percent. Those numbers don’t represent a crash, but they do show a housing market coming back to earth.
James Wang, CEO of REAI, a real estate AI firm, said much depends on the housing policies under President Trump’s newly appointed Secretary of Housing and Urban Development, Scott Turner.
Since the Great Depression, the next most dramatic economic crash of the day came in 2008-09, when the overinflated housing bubble burst, sending the U.S. economy into free fall and devastating...
The real estate market has been on a wild ride the past few years. During the peak of the pandemic, interest rates plummeted and buyers got into bidding wars over homes -- sometimes paying ...
High mortgage rates, inflation and low supply have made the road to homeownership a difficult one as of late. While home prices seem to be cooling down, some experts are warning that a potential...
It’s been a wild real estate ride over the last few years. After a red-hot market characterized by very low interest rates and frenzied bidding wars, mortgage rates increased to their highest ...
2024 was a tough year for the U.S. housing market. Here’s what experts predict for 2025.
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