CondoBlog: Housing Market in Transition

A current debate in the housing market may soon be settled. For some time, real estate professionals have been trying to determine whether millennial renters would make the transition to homeownership. Now, it seems, there is sufficient evidence pointing toward the affirmative.

A year after they pulled more than 7,000 apartments off the market, condo converters are finding that buyers in many areas are not interested in paying top dollar for a refurbished rental unit, particularly now that the Valley’s housing market is slowing and prices for single-family homes are beginning to drop.

Citi Research released a research report today titled "Outlook on US Housing Finance". Citi analysts Keith Horowitz, Donald Fandetti and Will Randow, business, Fannie Mae, Freddie Mac, United States, Mortgage loan, Citigroup, Federal National Mortgage Association, Freddie Mac / Federal Home Loan Mortgage Corp, @Housing | Real Estate

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Cory Gold, broker with nexthome cornerstone real Estate, has been working with buyers and sellers locally for decades. “My take is that we are in a transition period of moving out of a seller’s.

The Housing Market Is in Transition. To succeed as conditions change, you must stay ahead of the curve. By Patty Arvielo, president and co-founder, New American Funding | bio. There is one thing that’s constant within the mortgage marketplace: change. It’s inevitable.

Real estate experts say local housing market is in transition By: Andrew Valenti, Reporter October 10, 2018 1 Comment The single-family housing market is moving from a trend of record-setting prices of homes a few years ago to one where prices are decreasing at certain ranges.

Despite a slew of national housing market trends seemingly pointing to a rapid shift in negotiating power away from home sellers, experts say they don’t expect market forces to shift meaningfully toward buyers until at least the end of this decade.

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chief economist for the Calgary Real Estate Board (CREB). “It is a sign that at least things are starting to shift – we’re in transition – and it is going to take time before we start to see a market.