December real estate market update: slight decrease in YoY sales, market still cooling but better than November
First up, December deals. These mostly reflect contracts that got inked back in October and November. So, what’s shaking in the inventory department? Down 6.0%...
Decrease in average rent prices signaling further market slowdown
1. The Housing Market Slowdown: Tracking rents is like taking the pulse of the housing market. A sharp rise in 2021 hinted at the surge...
Crypto mortgages let homebuyers use Bitcoin as collateral
A start-up called Milo started offering 30-year mortgages backed by cryptocurrencies. The company is working with more than 700 potential borrowers on pre-approvals and has...
Horror movie set or greatest investment ever?
It was originally listed around $60k-$70k iirc. Properly rehabbed would be a $300k+ house. It’s an an area deemed “up and coming”, or relatively gentrified....
Another 20% MoM drop in the market?
According to february publicly-available local realtor/MLS reports, the existing home sales ran at a seasonally adjusted annual rate of 4.51 million, which is up 12.75%...
Real Estate Bubble bursting in Germany?
According to this article from German news media: Prices for apartments and houses have recently fallen more sharply than they have in over 20 years....
California housing market: a rollercoaster with a view
California’s home sales took a dip last month, tumbling down 5.8% from the year before. Think of it like riding Space Mountain after lunch –...
New Construction Starts and Permits increased by 15% in November, both on MoM and YoY basis
Housing starts surged in November, defying expectations. The Census Bureau reported a seasonally adjusted annual rate of 1.56 million starts, a stunning 14.8% jump from...
Trends and Forecasts in the California Real Estate Market
The California real estate market continues to be a topic of interest for both buyers and sellers alike. With its diverse landscapes, thriving economy, and...
Latest Trends in the Compass Real Estate Market
The real estate market is constantly evolving, and Compass Real Estate is at the forefront of these changes. As a technology-driven company, Compass combines innovative...