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Looking to buy or sell a home? Get Connected To a GREAT Real Estate Agent here (ad): <a href="https://homeandmoney.com/jason">https://homeandmoney.com/jason</a> *** Jason Walter, CPA (lic 103885); Sacramento real estate agent and native; Realty ONE Group Complete (DRE 01923240). This post includes affiliate links (if you purchase anything through these affiliated links, the author earns a commission).

The real estate market is full of opportunities given the proper circumstances where the buyer and seller come out with the desired results. However, one family is left grieving after their mother succumbed to anxiety, stress, and anguish after a house-flipping franchise left took her for everything she had.

Looking to buy or sell a home? Get Connected To a GREAT Real Estate Agent here (ad): <a href="https://homeandmoney.com/jason">https://homeandmoney.com/jason</a> *** Jason Walter, CPA (lic 103885); Sacramento real estate agent and native; Realty ONE Group Complete (DRE 01923240). This post includes affiliate links (if you purchase anything through these affiliated links, the author earns a commission).

Looking to buy or sell a home? Get Connected To a GREAT Real Estate Agent here (ad): <a href="https://homeandmoney.com/jason">https://homeandmoney.com/jason</a> *** Jason Walter, CPA (lic 103885); Sacramento real estate agent and native; Realty ONE Group Complete (DRE 01923240). This post includes affiliate links (if you purchase anything through these affiliated links, the author earns a commission).

Looking to buy or sell a home? Get Connected To a GREAT Real Estate Agent here (ad): <a href="https://homeandmoney.com/jason">https://homeandmoney.com/jason</a> *** Jason Walter, CPA (lic 103885); Sacramento real estate agent and native; Realty ONE Group Complete (DRE 01923240). This post includes affiliate links (if you purchase anything through these affiliated links, the author earns a commission).

According to recent reports, the U.S. real estate market has experienced a slowdown in the first few months of 2023, and experts predict that home prices could soon decline by as much as 5% compared to year-ago levels. The decline in home prices is the largest since 2012, and data from Redfin reveals that the median sale price in the U.S. was $400,528 in March, a decrease of 3.3% from March 2022.

A surprising twist has emerged in a housing market marked by historically high prices and dwindling inventory. For the first time ever, banks and other mortgage providers are losing money on each mortgage they finance.

Looking to buy or sell a home? Get Connected To a GREAT Real Estate Agent here (ad): <a href="https://homeandmoney.com/jason">https://homeandmoney.com/jason</a> *** Jason Walter, CPA (lic 103885); Sacramento real estate agent and native; Realty ONE Group Complete (DRE 01923240). This post includes affiliate links (if you purchase anything through these affiliated links, the author earns a commission).

In recent years, the real estate market has been a hot topic of discussion. From record-high home prices to fluctuating mortgage rates, the market has been volatile and unpredictable. In 2022, the average rate on a 30-year fixed mortgage began rising off of a record low, causing home sales to slow down and prices to follow suit. However, in December and January of 2023, mortgage rates began to pull back, giving homebuyers renewed confidence in the housing market. The sudden turnaround, with strong home sales at the start of this year, reversed a months-long decline in home prices. Despite the recent uptick in prices, the market remains challenging for many prospective buyers due to low inventory levels and limited new home construction.

California's housing market has been hit by yet another housing bubble, and once again, generous financing has played a role in its creation. The state has a long history of experiencing housing bubbles, with each one taking its own shape and size, but ultimately leading to an ugly reset.

This post is the sole opinion of the author. This post includes affiliate links. If you purchase anything through these affiliated links, the author/website may earn a commission. The national real estate headlines bear little resemblance to the local north Atlanta area market, the area enters Q2 '23. Home sellers in Canton still control the market. While prices moved off the highs from mid '22, year over year median values remain up, as do prices looking two years back.

The news is spreading like wildfire across California - home prices have plummeted a shocking 18% in just 10 short months. Homeowners are feeling the sting of financial loss, and prospective buyers are left wondering if they should wait it out or take the plunge.

Home prices in California have fallen by 18 percent from their all-time high in May 2021. According to data from the California Association of Realtors, the median home price in California fell to $735,480 in February, down from its peak of $900,000. Although prices dipped 2.1 percent from the previous month, sales numbers have ticked up for the past three months.

US Home Prices Decline for Seventh-Straight Month to Start 2023. US home prices have decreased for the seventh consecutive month in January 2023 due to rising interest rates, according to data released by the S&P CoreLogic Case-Shiller U.S. National Home Price index. This decline adds to concerns over the future of the US housing market and the overall state of the economy.

Residential real estate worldwide is experiencing falling home prices for the first time in over a decade, and the US is not exempt. The US housing market has seen four consecutive months of home price declines, breaking a 124-month streak of positive growth. From June to October 2022, the Case-Shiller National Home Price Index recorded a 2.4% drop in US home prices, the second-biggest correction since WWII, but still mild compared to the 26% correction of 2007-2012.

The real estate market in Prince William County is experiencing a slowdown, according to the February market report from the Prince William Association of Realtors. While the median home price continues to rise, the number of sales has decreased, and homes are spending more time on the market.

Inflation has just surpassed its original peak over the past twelve months with yet another increase, sending it to 6.4% and another rate hike soon to follow over the next several days. However, when it comes to housing affordability, both sides of the coin are being pushed passed their breaking point.

Home mortgage rates keep rising, making home payments higher for those considering purchasing a home. Bankrate's survey of average 30-year fixed-rate mortgages was 6.36% on Feb. 3. Now, almost a month later, they are now 6.95% as of the week ending Feb. 24, according to its latest chart.

Much has been made of the well-reported Goldman Sachs report that Phoenix will be one of 4 cities that will have a 2008-style price crash. According to one source, Goldman says interest rates will stay up longer. The investment banking firm notified clients it predicts the 30-year fixed mortgage rate will rise to 6.5% for year-end 2023.