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The Latest Breaking News from Housing Market

Mini-budget 2022: What a stamp duty cut means for NI's property market and first-time-buyers

The move is designed to help first-time buyers get on the property ladder

Belfast Live

200,000 more people a year ‘will be lifted out of paying stamp duty’ - OLD

The nil rate stamp duty band has been doubled to £250,000, with the threshold for first-time buyers rising to £425,000.

The Independent UK

Stamp duty abolished on homes worth up to £250,000

Changes will save up to £2,500 on home purchases - or £11,250 for first-time buyers

The Independent UK

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COVID-19’s long impact on the housing market

The coronavirus pandemic has had profound impacts on the housing market. House flipping and residential real estate investing have risen drastically, with real estate analytics firm CoreLogic reporting that investors bought a record high 28 percent of all single-family homes in the first quarter of 2022.

Tribune News Service

To sell or not to sell? How home sellers are adjusting to a softening market

With the frenzied housing market coming to an end, some sellers are considering putting their homes up for rent instead.

Tribune News Service

'2022 Was The Year The Fed Created The Biggest Renter Boom In America's History': Grant Cardone Shares How Investors Can Make The Most Of This Market

which means prices are going to pull back. If you are an end user, looking to finally enter the housing market now is a great time to buy a house 15%-20% cheaper than it would have been at the beginning of the year.”

Benzinga

Analyst Remains Bearish On Real Estate iBuyers: 'Fundamentals Are Going To Turn Worse Before They Get Better'

The National Association of Home Builders/Wells Fargo Housing Market Index fell three points in September to 46, a bearish reflection of current U.S. homebuilder sentiment.

Benzinga

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Is It Time Buy The Dip In Homebuilder Stocks? KeyBanc Says Yes, Names Top Picks

Homebuilder stocks have gotten crushed so far in 2022, but one Wall Street analyst said Monday now is the time for investors to buy the dip. The Analyst: KeyBanc analyst Kenneth Zener has issued the following homebuilder stock upgrades:

Benzinga

US Stocks Open Lower; Housing Market Index Drops In September

U.S. stocks traded lower this morning, after recording losses in the previous week.

Benzinga

Biden adviser says Fed hikes are helping to cool housing prices

The U.S. Federal Reserve, which meets this week to decide on interest rates, has helped to cool the overheated housing market even though inflation across the country is still “uncomfortably high,” White House economic adviser Jared Bernstein said.

Tribune News Service

After an autumn flurry, is the UK housing market going to fall at last?

Estate agents are reporting a surge in activity – which may be explained by the interest rate rises looming this year

The Guardian - UK

Mortgage rates hit 6%, first time since 2008 housing crash

Average long-term U.S. mortgage rates climbed over 6% this week for the first time since the housing crash of 2008, threatening to sideline even more homebuyers from a rapidly cooling housing market

The Independent UK

Joshua Tree’s popularity is ruining life for longtime residents: ‘You can’t see the stars any more’

As tourism surges, the desert region has become California’s hottest housing market. Now many can’t afford to live there

The Guardian - US

Redrow reports strong financial year as profits return to pre-Covid levels

However the housebuilder has cautioned over a cooling housing market amid the cost-of-living crisis

Birmingham Post

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Tribune News Service

How much will a house cost by 2030? Predictions and tips to start saving

Just 17 percent of Americans believe it’s a good time to buy a home, according to a recent survey from Fannie Mae. Between higher mortgage rates, still-high home prices and broader inflationary pressure, putting off buying a home might be the only option for some. What happens if you wait,…

The Guardian - UK

Pound falls to lowest level since 1985 against dollar – as it happened

IFS boss says Liz Truss’s plans to freeze energy bills ‘very poorly targeted’; Putin threatens to cut off energy supplies if price caps are imposed; UK housing market shows signs of slowing

Evening Standard

Further signs of cooling housing market after Countryside Properties accepts lower Vistry offer

In June, Countryside rejected an unsolicited offer from Inclusive Capital that valued the firm at £1.5 billion

Evening Standard

House price forecast: interest rate rises to cool UK price growth as mortgaged buyers sit tight

2024 will be a year of recovery for the housing market, with London leading the charge.

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news in one place.

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The Denver Post

Denver housing market pendulum swinging quickly toward buyers

Metro Denver’s housing market has quickly shifted from a strong seller’s market to neutral and could end up solidly in the buyer’s camp by the middle of next year, if not sooner, according to a new index from real estate financial tech firm Knock.

The Texas Tribune

Texas’ housing market shows signs of cooling down after the pandemic drove it to new heights

Texas had more houses on the market in July than any time since late 2020 as home sales declined in the state’s major metros. Sellers have had to cut prices to entice buyers.

ABC News

House price plunge spreads with biggest monthly decline in 39 years

Australia's housing market decline spreads across all capital cities and most regional areas, with national prices falling by the most in any month since 1983.

Edinburgh Live

Edinburgh student forced to find new home after rent skyrockets by over a third

While juggling their study commitments, the four flatmates were forced to start looking for somewhere else to live in the extortionate Edinburgh housing market.

The Independent UK

Small businesses feel the pinch from slowing housing market

The chill in the housing market is rippling out to the carpenters, landscapers and other small businesses that lose out when fewer homeowners renovate their properties

ABC News

Auckland house prices down 15 per cent with the Reserve Bank of NZ now tipping prices across the country to follow

Auckland's real estate market sets the pace for the rest of New Zealand — right now, house prices are down 15 per cent from their 2021 peak and forecast to fall further. So what does that mean for families who just bought in?

Benzinga

Ways to Save Money and Build Wealth Heading Into 2023

By Chalmers Brown, CTO of Due From a bonkers housing market to COVID shutdowns to a possible recession, it seems like getting ahead financially is more challenging than ever.

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