Pro Builder
SEPTEMBER 6, 2022
A new Goldman Sachs housing forecast points toward stalled price growth in 2023, but some metros are already seeing substantial declines. The most recent price outlook forecasts an average 0% growth in 2023, though large declines are still unlikely. How Low Will Home Prices Go? Tue, 09/06/2022 - 09:55. Market Data + Trends.
Pro Builder
JANUARY 16, 2023
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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Pro Builder
OCTOBER 12, 2022
Housing economists forecast a 'further weakening in demand' as elevated interest rates continue to sideline prospective buyers . Goldman Sachs Economists Expect Interest Rates to Remain Elevated During Market Downturn. Wed, 10/12/2022 - 10:38. Mortgage rates are expected to continue rising as the Fed combats runaway inflation in the U.S.
Pro Builder
JANUARY 5, 2022
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. Those looking to buy a home also face the urgent hazard of rising mortgage rates, so competition is likely to increase at the start of 2022 as demand increases nationwide.
Pro Builder
FEBRUARY 22, 2021
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.
Pro Builder
OCTOBER 4, 2021
When the COVID-19 pandemic put most of the nation under mandatory stay-at-home orders, economic forecasters hypothesized about the impact it would have on restaurants, small business, travel and hospitality, and live events. and Strategic Solutions Alliance , San Diego. Teri Slavik-Tsuyuki. Builder: Garman Homes , Cary, N.C.
Business Facilities
OCTOBER 23, 2017
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.
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