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US Housing Market s Total Value Had Biggest Drop Since 2008

According to Redfin's latest real estate market report, the total market value for U.S. homes dropped $2.3 trillion from June to December 2022 the largest six-month drop since the Great Recession.

United statesNew yorkSouth carolinaNew jerseyNorth portPalm beachSan franciscoChen zhao linkedinLas vegasElena fleckRedfin economics research lead chen zhaoFederal reserveInman connect las vegasBay areaSan joseFrancisco based redfin

Home values dropped by $2 3 trillion since June

The total price of U.S. homes was $45.3 trillion at the end of 2022, down from a record high of $47.7 trillion in June, according to Redfin's report.

United statesNew yorkNew jerseyNorth portSouth carolinaSan franciscoChen zhaoElena fleckSan joseNorth port sarasotaWest coastHousing marketsHome pricesHousing affordability

Redfin: $2 3T In Home Values Lost In 2nd Half Of 22 – NMP

Redfin: $2 3T In Home Values Lost In 2nd Half Of 22 – NMP
nationalmortgageprofessional.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nationalmortgageprofessional.com Daily Mail and Mail on Sunday newspapers.

United statesNew yorkNew jerseyNorth portPalm beachSan franciscoElena fleckRedfin economics research lead chen zhaoFederal reserveRedfin economics research lead chenBay areaSan joseAli mafiNorth port sarasotaHurricane ianWest coast

Real Estate Investors Take A Wait and See Approach As Borrowing Costs Rise

Real Estate Investors Take A Wait and See Approach As Borrowing Costs Rise
nationalmortgageprofessional.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nationalmortgageprofessional.com Daily Mail and Mail on Sunday newspapers.

United statesNew yorkMontgomery countyPalm beachNassau countySheharyar bokhariLas vegasElena fleckRedfin senior economist sheharyarNew brunswick

Report: Housing Market Has Started to Recover

While the phrase “not out of the woods yet” is still used, Redfin economists say the market probably hit its cycle-low trough the second week of Nov. 2022.

United statesPalm beachAngela langoneEric aucielloElena fleckCentral floridaSan jose redfin

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