# Housing market
More Bad News for Phoenix Housing Market!
The Phoenix real estate market is moving faster than we've ever seen before. This change is bad news for sellers as we quickly appraoch a balanced market, and possibly, a buyer's market in the next few months. *Source: Cromford Report
The Housing Market is Crumbling!
The great RESET. Has Zandi doubled down? Or does he think the housing market is NOT going to crash? There is no doubt the Housing Market has taken a turn. NEW HOUSING MARKET UPDATE! Lets look at the Economists and Analysists to see their insight on a housing crash.
$28 Million Mansion Is Most Expensive House Listing in Arizona
7-bedroom, 8-bath Scottsdale mansion is the most expensive home listed for sale in Arizona today, according to market research from Point2, the real estate news and research division of Yardi Systems Inc. The house, designed by Erik Peterson of PHX Architecture and built by Paragon Custom Homes, features a home gym, library, guest quarters, and a separate workshop.
Related Contributors
What $400K Will Buy You RIGHT NOW in Davenport FL - Home Tour
So, you're looking to move to Florida from another state, or are already here and are interested in how much house you can get for your money. You might not have the time or means to get out and check out some houses that are on the market yourself. Don't worry, I've got you covered! I wanted to give you guys a good understanding of what $400,000 gets you right now in Central Florida, as this seems to be a pretty common price point. Erik is a Licensed Florida REALTOR! Please reach out by email/Facebook/Instagram for any and all of your real estate needs!
Florida’s Home Insurance CRISIS! Thousands of Homeowners Hit With Insurance Non-Renewal Letters
If you didn’t know, Florida is in a home insurance crisis! Many homeowner’s premiums have doubled, or even tripled within the last few years. Some people have even received non-renewal letters and have been dropped by their insurance companies! What’s the reason for this? The rampant roofing fraud that is taking Florida by storm! In this video I will explain what is happening and what is being done to fix the problem. Erik is a Licensed Florida Real Estate Agent! Please reach out by email/Facebook/Instagram for any and all of your real estate needs!
It now costs $2540 a month on average to rent a 1-bedroom apartment in Tacoma, Washington
Rents are up across the nation, but price increases in Tacoma are outpacing many other larger cities. Evrymmnt/Getty Images (Canva Pro license) Tacoma, Washington, is a great place to live. There are plenty of things to do, the weather is mild, and the scenery is beautiful. Unfortunately, however, finding affordable housing in the city is becoming increasingly difficult.
Alabama rent prices increased 4x faster than income last year
Increasing housing costs are one of the most pressing issues facing many Alabama residents today. But to make matters worse, rental increases are soaring much faster than income, leaving many Alabama renters wondering what to do.
67-year-old Tennessee man working multiple jobs "shocked and worried" when his rent goes up an extra $300 a month
Renters in Tennessee are experiencing dramatic rent increases when it comes time to renew their apartment leases. As a result, finding affordable housing has become increasingly difficult for many middle-class renters already working multiple jobs to make ends meet.
Heat Map: The Hottest Real Estate Markets in 2022
The coronavirus pandemic saw many real estate markets leap upward. Some saw home prices jump over 40% in a single year!. Pick your reason as to why. People spending more time at home are focused more on their home, and usually wish they had more space. Many homeowners took on home improvement projects. The sudden collapse and meteoric recovery of the stock market left many investors seeking firmer assets — particularly as a hedge against inflation in the face of record government spending and new currency creation.
The Death Of Bidding Wars in Georgia
The Georgia Housing Market has been one fire in the last 2 years. People were able to get a mortgage rate of just around 3% 2-3 months ago and now we are at 5.5% (depending on what kind of loan they were or are getting). I personally think that this will slow down the demand for housing in the next couple of months. I've already seen it the last couple of weeks in my market where homes sit on the market longer, homes with price reductions and not getting 15-20 offers anymore instead of 2-5.
Buyer Beware! Don't Fall For These Real Estate Lies!
With the housing market starting to cool off in many areas, buyers are starting to have more hesitation to jump in and buy a home right now. But some realtors will tell any lie in hopes to convince you to buy no matter what! I offer 1 on 1 calls, book one if you'd like! <a href="https://michaelbordenaro.com/book-ser">https://michaelbordenaro.com/book-ser</a>... ====== My Filming and Editing Equipment <a href="https://michaelbordenaro.com/my-youtu">https://michaelbordenaro.com/my-youtu</a>... ====== Sign Up for My Email list and Get Weekly Video Updates in Your Inbox! <a href="https://bit.ly/MBreminders">https://bit.ly/MBreminders</a> ====== Need a Realtor? <a href="https://bit.ly/floridamove">https://bit.ly/floridamove</a>
UPDATED Housing Market Forecast!
NEW HOUSING MARKET UPDATE! Home Price Growth is predicted to slow to Zero by this time next year! We will be looking Mark Zandi's housing market forecast, the chief economist at Moody's Analytics. Is it becoming a buyers market this year? And what do other economists have to say about the home price growth for next year? And what is causing the small inventory?
Florida senator wants to cap apartment rent increases at 3% per year, but it could be a longshot
After some Florida tenants have had their rent increase by as much as $1800 per month when their apartment lease came up for renewal, one Florida state senator is working on a bill that, if passed, would cap rental increases at 3% per year.
CoreLogic: Your Housing Market is Overvalued!
According to recent data from CoreLogic 65% of Housing Markets in the United States are overvalued based on local wages and home price appreciation. They go on to state that the current home price trend is unsustainable in many of these areas. Today, we'll take a look at which housing markets are overvalued the most and by how much.
Welcome to the #1 Real Estate Market in the U.S.
Downtown Salt Lake CityJay Dash/Courtesy Downtown SLC Alliance. The Beehive state is home to the Utah Jazz, Real Salt Lake FC, the Silicon Slopes, Sundance Film Festival, Salt Flats, Moab, Lake Powell, Post Malone (Yup, bet you didn't know that!), and the BEST snow on earth! I'm looking at you skiers and snowboarders ;)
These California cities ranked lowest on U.S. News & World Report "best places to live" list
Several California cities were ranked at the very bottom of the U.S. News' annual list of the "150 Best Places to Live in the United States." Read on to find out which California cities made up the bottom of the list and why.