Many people have been putting off buying a new home either out of necessity or by choice because of the availability of inventory or pricing or interest rates but the window might be closing for opportunities to be a homeowner. It’s possible that the way the real estate market has evolved over the last 18 […]

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When you see this headline from MarketWatch “Young house hunters describe ‘demoralizing’ process of trying to find an affordable home. One listing had 30 offers — and sold for $85,000 above asking.” you’re probably thinking well this must be 2020 or 2021 when there was a lot of feeding frenzy on houses maybe even early […]

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So you’ve been watching home prices. You’ve been stalking Zillow. You’ve been watching for sale signs. You’re trying to buy a house and you’ve been waiting for prices to ease and get some relief from the skyrocketing prices of homes. And now you’re thinking now’s the time. Sellers are a little bit more flexible. They’re […]

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Lumber prices are crashing. Are you seeing this in your market? Put some comments below and let us know what the lumber prices you’re seeing as a contractor are. According to the Wall Street Journal, lumber prices fall back to pre-COVID levels. Rising interest rates have taken an ax to one of the pandemics’ hottest […]

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We’ve talked before about the shortage of construction workers being a factor in that industry and the contracting industry but in the insurance industry, it’s also creating a lot of problems in some possible chronic delays in higher costs for insurance claims. This is something that hasn’t really been urgent or a crisis factor as […]

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One of the biggest hidden risks to the current housing market is that there are a lot of people that are living in homes that they own that they can’t move from, they’re locked in. This locked-in effect is going to have more to do with what happens with the real estate market in the […]

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The current state of the housing market is shaped by more than just interest rates and property prices. An often overlooked factor with significant implications is the rising number of homeowners who find themselves locked into their properties. This phenomenon could be a key player in determining the trajectory of the real estate market in […]

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In a world where the cost of living seems to be constantly on the rise, the automotive industry is no exception. As per CNBC reports, the era of thousand-dollar car payments is becoming the new normal, driven by surging vehicle prices and interest rate hikes. Let’s delve into the math behind this phenomenon and explore […]

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For a couple of years, we’ve talked about the lack of skilled tradespeople and employees in the construction industry. Well, that’s now starting to show up in the housing market, as we’ve talked about before. Here’s an article from the state of Oregon where one of the largest factors in getting more housing and lowering […]

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The construction industry, a vital player in the housing market, is facing a formidable challenge that is now casting a shadow on the broader issue of housing shortages. While factors like supply chain disruptions and fluctuating lumber prices have drawn attention, the critical shortage of skilled tradespeople and construction workers is emerging as a key […]

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