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A report from Yahoo Money. "About 270,000 homebuyers who bought during the red-hot housing market this year already owe more than their house is worth, a new analysis found. Among the 450,000 underwater borrowers in the third quarter, nearly 60%…
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A report from 5280 in Colorado. "This past summer Point2 showed metro Denver homes, on average, increased in price $94 each day between 2011 and 2021. As interest rates increased and the economy started to slow in mid-2022, real estate…
A report from NBC San Diego in California. "Gone are the days of 30 bids raising a home’s prices overnight. 'That market is done. It’s completely dead,' declared Miguel Contreras a real estate consultant. 'If you’re a seller, you have…
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A report from ABC 10 in California. "'Even worse than 2007,' said Ryan Lundquist, a Sacramento-based appraiser and housing analyst. 'And that sounds so dramatic, but it's true, because what we're seeing is some buyers have disappeared from the market.'…
A report from Mansion Global. "As the market shifts, home buyers are getting bolder. 'My advice now is to ask for everything,' said Ben Stern, managing broker of Buyers Edge Co.’s Dupont Circle office in Washington, D.C. 'In less-competitive neighborhoods…
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It's Friday desk clearing time for this blogger. "'What we did during the pandemic, that wasn't sustainable. That was an anomaly. That was not what's normal,' said Realtor Stephanie Grable. 'Right now the bidding wars don't exist.' The median home…