economic performance

“Increasing pressure on list prices.” 3 top economists and real estate professionals on the housing markets where house prices will fall the most this year

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Some markets could also be extra weak to accommodate worth declines than others, the professionals say. Getty Photographs Patrons in some markets are already getting — or could quickly get — some aid within the type of decrease residence costs, the professionals say. Already, over the previous 4-8 weeks, specialists have observed downward worth strain … Read more

Home prices will soon experience a ‘correction’, says Mark Zandi, chief economist at Moody’s Analytics – but not a ‘crash’

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The housing market is in a recession, many economists say, however when will home costs come all the way down to earth? Quickly, says an economist. With rising mortgage charges, consumers are pulling out. Increasingly more sellers are decreasing their itemizing costs and providing extra concessions to entice consumers. Towards this backdrop, dwelling costs will … Read more