Found 2 blog entries tagged as Forbes.

The housing forecast for 2023 is mixed. The housing market has seen an extraordinary rise in home prices this past year. Most experts in the housing industry predict less buyer demand, lower prices, and higher borrowing rates. According to The Business Journals and Forbes here are a couple of predictions for the 2023 housing market for in-demand markets.

Southeast Florida and New York City are examples of in-demand markets. South Florida is improbable to see a major setback in values and will likely show modest price growth up to 5% from current levels. The Northeast is seeing a return of buyers to more urban areas such as New York City. New York City is unlikely to see any major adjustment due to the limited number of turnkey homes for sale,…

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During the holidays, people are so busy with planning family gatherings and prepping for the holidays that real estate purchases seem to fall on the back burner.  According to Forbes Business, the biggest big-ticket items purchased during this time are homes!

Forbes states, “About a million consumers will purchase a home from November to January this year”.  Did you know that according to the Case -Shiller Price Index, typical homes rise around 3% to 5% per year?  They are predicting this year; the gain will be a little bit stronger closer to 6%.  A shortage of inventory is partially to blame.  Thusly, indicating a seller’s market.  Nevertheless, hold on one minute…

Homebuyers must keep in mind that great deals can be had during this time. The…

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