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These Metros Will Be the First to See Prices Fall in a Market Correction

Pro Builder

Goldman Sachs recently lowered its 2023 year-over-year depreciation forecast from -4.1% In 2023, Goldman Sachs expects double-digit home price declines in major markets like Austin (-15.6), San Francisco (-13.7%), San Diego (-13.4%), Phoenix (-12.9%), Denver (-11.4%), Seattle (-11.2%), Tampa (-11.2%), and Las Vegas (-11.1%).

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Californians Are Fleeing the Golden State—What’s Keeping its Housing Market Strong?

Pro Builder

John Burns Real Estate Consulting forecasted California to be one of the states to see residents and businesses leave for lower density, lower taxed, and more affordable states, such as Arizona, Utah, and Texas. Yet builders are selling homes faster in Southern California than any other time since the mid-2000s housing boom, says John Burns.

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Advanced Manufacturing: Manufacturing Gets Smarter, Faster

Business Facilities

With all Kentucky’s advantages combined, automotive production nationally forecast this year to remain at a near-record level, federal fuel economy requirements increasing over the next several years and the aerospace industry growing, the future of Kentucky’s advanced manufacturing industry looks bright. Peoria Innovation Center in P83.