Coming out of the pandemic shutdown lit the match for housing demand, and it’s been burning hot for nearly two years straight — but a housing correction is finally on the horizon.
Two-thirds of the nation’s largest housing markets are overvalued, according to a report by Moody Analytics, an economic research firm regarding risk, performance and financial modeling.
The report found 210 metro areas were overvalued by 25% or more. Within that stat are 10 Michigan markets.
According to national property broker Redfin, the total worth of U.S. homes hit a record $46.8 trillion in June 2023. This overtakes the prior all-time high of $46.6 trillion set a year earlier, as a […]
Source: Fox 7 News — AUSTIN, Texas – The Austin real estate market has been very hot over the last couple of years, and that’s especially true when it comes to international home buyers. A new report showing more and […]
Another week down in 2023 and we’re seeing crazier action in the housing market as purchase application data fell, mortgage rates rose again, and weekly inventory took another dive with a noticeable move lower in […]
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