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No, the housing market isn’t in a bubble. But there still are many things to worry about in 2022.

By Mark Zandi January 6, 2022 at 8:00 a.m. EST House prices are sizzling. Not just in swanky neighborhoods in the nation’s big cities or in resort towns. Not just in the suburbs or exurbs. Not just in inner cities or in rural areas. Just about everywhere. House prices were rising strongly before the pandemic, but since the pandemic hit they’ve been on a tear. The media...

How many records can Southern California home prices break? Last year, 10!

BY ANDREW KHOURISTAFF WRITER  JAN. 21, 2022 5 AM PT https://www.latimes.com/business/story/2022-01-21/southern-california-median-home-price-nears-700-000-record-high-december-2021 Southern California home prices hit another all-time high in December, capping a year of sharp growth that left many first-time buyers frustrated while homeowners counted their equity gains. ...

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Sales of U.S. previously owned homes decline to a six-month low

Bloomberg News National Mortgage News Article Sales of previously owned U.S. homes fell in February by more than forecast to a six-month low as a limited supply of properties and high prices deterred potential buyers. Contract closings decreased 7.2% in February from the prior month to an annualized 6.02 million, figures from the National Association of Realtors showed Friday...

Employee Retention Credit — Still The One (The Latest Update)

Dean Zerbe Contributor Forbes Magazine Article Here The Employee Retention Credit (ERC) has proven to be one of the most effective tax policies in helping small and medium businesses and tax-exempt entities weather the economic impact of the pandemic. The ERC provides employers up to $7,000 per employee per quarter in refundable tax relief for the first three quarters of 2021 (a...

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Elon Musk offers to buy Twitter!

https://www.cnn.com/2022/04/14/tech/elon-musk-twitter-offer/index.html By Chris Isidore and Mark Thompson, CNN Business Updated 4:52 PM ET, Thu April 14, 2022 New York/London (CNN Business)Elon Musk has made an offer to buy Twitter (TWTR) and take it private, saying he believes the company needs to be "transformed." According to an SEC filing,...

California Housing Market Report 2022

Andrew DePietro Contributor I cover real estate, economics and cost of living. Mar 30, 2022 https://www.forbes.com/sites/andrewdepietro/2022/03/30/california-housing-market-report-2022/?sh=29ee5e582c4a With interest rates rising, the corresponding increase in mortgage rates is beginning to make itself felt in housing markets across the United States. While rising mortg...

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REAL ESTATE Housing supply is finally improving, as high prices and rising rates weigh on sales!

Article here: https://www.cnbc.com/2022/05/10/housing-market-improves-as-rising-mortgage-rates-weigh-on-sales.html One of the leanest housing markets in history might be putting on some fat. The supply of homes for sale could increase in the next few weeks, according to new data from Realtor.com. In April, inventory was 12% lower than in the same month last year, the smallest year-ov...

Home sellers are cutting list prices as more buyers take pause: ‘The market is not the same’

https://www.latimes.com/business/story/2022-06-14/california-home-buying-sellers-slash-prices BY ANDREW KHOURISTAFF WRITER  JUNE 14, 2022 5 AM PT Home sellers are increasingly cutting their asking prices as buyers, constrained by higher mortgage rates and overall inflation, have become less willing to jump into the housing market at any cost. The growing number of pri...

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The Future of the Housing Market: Don’t Panic!

There’s an absurd amount of propaganda about the housing market in the news these days. And it’s not just our clients who are absorbing it. Realtors are coming to me in a panic over clickbait-style headlines from respected journalists. I was watching a video the other day in which a journalist stated we could see a “20% decrease in housing year over year.” But they ...

What the Euro Versus Dollar Fluctuation Means for American Real Estate

Industry, Politics & Econ August 2, 2022 By: Harout Keuroghlian If you’ve been paying attention to the news you likely saw the U.S. dollar surpassed the euro recently. The shift happened on Wednesday, July 20th to be exact. But I wouldn’t go popping the champagne just yet. You might be asking “How can the strengthening of our nation’s currency ...