July’s housing market report paints a rosier picture of home prices for sellers. home prices rose while supply is heading downward. That could predict higher home prices. Builders sentiment is improving which could add new home supply for 2020. See the stats, charts and expert opinions about the US housing market.
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So MarketWatch has decided to skip the usual “experts predict” story and instead outline the big questions facing the housing market and Washington now. Some efforts are underway that take that.
· In the wake changes in the marketplace and concerns about the rising number of nonperforming loans, the reverse mortgage industry is navigating through challenging waters, according to.
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Because the housing market crisis was so widespread, it remains vivid in the minds of many people as they prepare to buy a house, sell a house or invest in real estate. Some in the real estate industry note similarities, like sale prices, in the current housing market to years like 2005 or 2006, which led to the bubble burst.
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Despite a slew of national housing market trends seemingly pointing to a rapid shift in negotiating power away from home sellers, experts say they don’t expect market forces to shift meaningfully toward buyers until at least the end of this decade.
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A year after they pulled more than 7,000 apartments off the market, condo converters are finding that buyers in many areas are not interested in paying top dollar for a refurbished rental unit, particularly now that the Valley’s housing market is slowing and prices for single-family homes are beginning to drop.