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2022 was a wild year for the real estate market as interest rates climbed and inflation soared. The new year is looking to be rife with challenges for both buyers and sellers, as mortgage rates are...
Predictions do trend toward a decrease in real estate prices, with home prices dropping around 4% to 10%, with some experts forecasting a drop of around 20%, according to Fortune. However, there ...
On a related note, while many homebuyers focus on the general climate of an area, it’s essential to delve into microclimate details, said Ritika Asrani, real estate agent and owner of Century21 ...
Real estate economics is the application of economic techniques to real estate markets. It aims to describe and predict economic patterns of supply and demand . The closely related field of housing economics is narrower in scope, concentrating on residential real estate markets, while the research on real estate trends focuses on the business ...
U.S. states and D.C. by median home price, February 2024 (in February 2024 dollars) [1] State rank State or territory Median home price in US$ 1 Hawaii: $839,013 2 California: $765,197 — District of Columbia: $610,548 3 Massachusetts: $596,410 4 Washington: $575,894 5 Colorado: $539,151 6 Utah: $509,433 7 New Jersey: $503,432 8 Oregon: $487,244 9
The Home Buyer Index in Franklin County, Ohio, where Columbus is primarily located, shows difficulty has increased steadily since the beginning of 2020, rising from 39.5 in December 2020 to 74.0 ...
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