Tag: Housing Market
Nearly 25% of U.S. homebuyers are looking to move out of their current metro areas, with many people turning their attention to cities in Florida as their next place to call home, according to a new study. “The U.S. housing market has cooled significantly during the second half of 2022 as high... Read More
With the rapid shift that’s happened in the housing market this year, some people are raising concerns that we’re destined for a repeat of the crash we saw in 2008. But in truth, there are many key differences between what’s happening today and the bubble in the early 2000s. One of the... Read More
Tampa was ranked the ninth-most-overpriced housing market in the country. After two years of near-nonstop growth, housing prices may have finally peaked in some U.S. cities, according to data from Florida Atlantic University. Still, experts predict that Florida’s real estate market will remain strong compared to other parts of the country. Read More
It’s real, but be prepared for a protracted renovation project and uncertain future costs. The frantic pandemic pace of the housing market in the United States may be slowing, but the shortage of available homes remains especially affordable ones. What about a fixer-upper? According to... Read More
If you tried to buy a home during the pandemic, you know the limited supply of homes for sale was a considerable challenge. It created intense bidding wars which drove home prices up as buyers competed with one another to be the winning offer. But what was once your greatest challenge may now be... Read More
The dog days of summer have arrived, but what’s really got Americans barking up in protest isn’t the sweltering heat; it’s doggone inflation, and for borrowers, higher interest rates to go with it. Last week, the Federal Reserve hiked the federal funds rate by 75 basis points for a second time. That... Read More
Marion County’s median sale price for existing family homes continues to climb, with prices jumping by 23.9% in June when compared with the same month last year, according to the Ocala Marion County Association of Realtors. The median price rose from $230,000 in June 2021 to $285,000 this year. The average price rose from $291,692 in June 2021 to... Read More