Housing Market May See Big Price Drops In Some US Cities
- last year
Housing Market , May See Big Price Drops, In Some US Cities.
'Newsweek' reports that experts predict the housing
market is heading into a correction following years
of soaring mortgage rates and major cost increases.
Economists reportedly doubt that a full housing market
crash — where many houses go into foreclosure
and people lose their homes — is on the way.
Lawrence Yun, chief economist at the National Association
of Realtors, says that a correction is not an actual crisis
in terms of foreclosures and people forced to sell at a loss.
Lawrence Yun, chief economist at the National Association
of Realtors, says that a correction is not an actual crisis
in terms of foreclosures and people forced to sell at a loss.
However, some parts of the United States may
experience steep price drops during this correction
period, which is predicted to last through part of 2023.
'Newsweek' reports that real estate brokerage
Redfin expects housing prices to fall
the most in cities like Austin, Boise and Phoenix.
'Newsweek' reports that real estate brokerage
Redfin expects housing prices to fall
the most in cities like Austin, Boise and Phoenix.
'Newsweek' reports that real estate brokerage
Redfin expects housing prices to fall
the most in cities like Austin, Boise and Phoenix.
According to Redfin, places that were considered "pandemic migration hotspots" all saw hefty price increases, which leaves room for prices to fall.
Redfin also predicted several metropolitan areas
will experience relatively little change, including: , Chicago, Milwaukee and Baltimore.
Redfin also predicted several metropolitan areas
will experience relatively little change, including: , Chicago, Milwaukee and Baltimore.
Redfin also predicted several metropolitan areas
will experience relatively little change, including: , Chicago, Milwaukee and Baltimore.
Meanwhile, Redfin predicts the most expensive
cities in the U.S., like San Francisco, will see large
price declines amid a struggling tech sector.
Meanwhile, Redfin predicts the most expensive
cities in the U.S., like San Francisco, will see large
price declines amid a struggling tech sector
'Newsweek' reports that experts predict the housing
market is heading into a correction following years
of soaring mortgage rates and major cost increases.
Economists reportedly doubt that a full housing market
crash — where many houses go into foreclosure
and people lose their homes — is on the way.
Lawrence Yun, chief economist at the National Association
of Realtors, says that a correction is not an actual crisis
in terms of foreclosures and people forced to sell at a loss.
Lawrence Yun, chief economist at the National Association
of Realtors, says that a correction is not an actual crisis
in terms of foreclosures and people forced to sell at a loss.
However, some parts of the United States may
experience steep price drops during this correction
period, which is predicted to last through part of 2023.
'Newsweek' reports that real estate brokerage
Redfin expects housing prices to fall
the most in cities like Austin, Boise and Phoenix.
'Newsweek' reports that real estate brokerage
Redfin expects housing prices to fall
the most in cities like Austin, Boise and Phoenix.
'Newsweek' reports that real estate brokerage
Redfin expects housing prices to fall
the most in cities like Austin, Boise and Phoenix.
According to Redfin, places that were considered "pandemic migration hotspots" all saw hefty price increases, which leaves room for prices to fall.
Redfin also predicted several metropolitan areas
will experience relatively little change, including: , Chicago, Milwaukee and Baltimore.
Redfin also predicted several metropolitan areas
will experience relatively little change, including: , Chicago, Milwaukee and Baltimore.
Redfin also predicted several metropolitan areas
will experience relatively little change, including: , Chicago, Milwaukee and Baltimore.
Meanwhile, Redfin predicts the most expensive
cities in the U.S., like San Francisco, will see large
price declines amid a struggling tech sector.
Meanwhile, Redfin predicts the most expensive
cities in the U.S., like San Francisco, will see large
price declines amid a struggling tech sector