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Single-Family Rentals Are Taking Over the Housing Market

Pro Builder

Single-Family Rentals Are Taking Over the Housing Market. Built-to-rent housing projects are expanding across the United States as real estate competition drives away potential buyers, says The New York Times. are rental properties, making home rentals one of the fastest growing sectors of the national housing market.

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Home Prices Jumped Double-Digits in December, Highest Pace Since 2013

Pro Builder

Despite being known as the slowest month for the housing market, December home prices advanced 10.4% gain marks the best performance of housing prices in a calendar year since 2013,” said Craig Lazzara, managing director and global head of index investment strategy at S&P Dow Jones Indices. and San Diego saw a 13% increase.

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As Mortgage Rates Fall, Homebuyer Demand Rebounds

Pro Builder

A slight improvement in affordability is causing a gradual increase in buyer demand, but until a nationwide market correction more effectively slows sales and prices, buyers and sellers are still daunted by historically high housing costs, Redfin reports. year over year in San Francisco, 2.8% in San Jose, CA, 2.7% Financing.

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Luxury Home Sales See Biggest Drop on Record Due to Rising Interest Rates

Pro Builder

The recent decline in high-end home sales comes amid uncertainty in a tumultuous housing market as interest rates surge and experts warn of a possible recession in the year ahead. Pricey California markets saw the largest declines in luxury home sales, led by Oakland, San Jose, and San Diego, which all saw decreases of more than 55%.

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How Omicron Could Affect Home Buying in 2022

Pro Builder

Even a new infectious variant can’t slow demand in a record-breaking housing market. We’ve had a year and a half to practice virtual tours and marketing,” says Norman Miller, a real estate and finance professor at the University of San Diego. Housing Markets. How Omicron Could Affect Home Buying in 2022.

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Homeownership Wealth Gains for Second Quarter of 2020

Pro Builder

Based on the 2019 Survey of Consumer Finance data, homeownership accounts for 90% of total wealth among all families. Nine of the top 10 metro areas with the largest housing wealth gains over a 10-year period were on the West Coast: San Jose-Sunnyvale-Sta. Clara; San Francisco-Oakland-Hayward; Anaheim-Sta. cbroderick.

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CFMA 2013 Annual Conference: What’s In It for Me?

Carol Hagen

This year is no exception as many will make the trek to San Diego to reconnect with friends, accumulate needed CPE credits and have fun. You make more than LinkedIn connections, you make lifelong friendships while meeting the cream of the crop in construction finance.

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