Everything in the economy is cyclical and real estate is no exception. After a few robust years, 2022 brought the housing market to more normal (pre-Covid) levels, which we expect to continue in 2023. Here are a few more of the trends that my team at Long & Foster Real Estate and I expect to … Continue reading Our Real Estate Market Predictions for 2023
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Prices, Valuations, and Rates Driving Investors
Prices, Valuations, and Rates Driving Investors I am working with more investors now that REO property pricing is getting much better. Goldman Sachs is warning clients that REO investors are bidding up for shrinking reserves of properties. Banks are agreeing to smaller price discounts. For homes in good working order, steep price discounts are becoming more … Continue reading Prices, Valuations, and Rates Driving Investors