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In July, the housing market had a 4.0-month supply of housing inventory, a 19.8 percent improvement over last year but still below the 5 to 6 months needed for a healthy, balanced market — one ...
A real estate trend is any consistent pattern or change in the general direction of the real estate industry which, over the course of time, causes a statistically noticeable change. This phenomenon can be a result of the economy, a change in mortgage rates, consumer speculations, or other fundamental and non-fundamental reasons.
January 2–21: January 2008 stock market downturn. January 24 : The National Association of Realtors (NAR) announced that 2007 had the largest drop in existing home sales in 25 years, [ 89 ] and "the first price decline in many, many years and possibly going back to the Great Depression ."
December 7, 2024 at 8:30 AM ... senior economist at the real estate marketplace. ... Read more: When will mortgage rates go down? A look at 2024 and 2025. Market activity will vary across the US.
A real estate transaction is the process whereby rights in a unit of property (or designated real estate) are transferred between two or more parties, e.g., in the case of conveyance, one party being the seller(s) and the other being the buyer(s). It can often be quite complicated due to the complexity of the property rights being transferred ...
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The Cullen Commission estimated that in 2019 alone, $5.3 Billion of illicit funds was laundered through the Vancouver real estate market, which increased housing prices by 5%. [ 104 ] "The Vancouver Model" is a way for Chinese organized crime to launder revenue generated primarily by fentanyl sales through casinos .
The long tradition of home sellers footing the commissions of their buyers’ real estate agents may soon be a thing of the past. ... "We just need to go back to being in a free market." A home ...