Here we go again: Cash-out refi hype is back full-blast, and for the first time since early 2006, people are doing it in large numbers
But apartment rents in 10 other cities surge 10% to 15%. Here are the top 100 and how their rents have changed.
Chicago struggles, Dallas-Fort Worth, Atlanta, Minneapolis, Charlotte reach new highs. Drum-roll for Detroit and Cleveland!
Seattle House prices fall year-over-year, as do New York & San Francisco Bay Area condo prices. Los Angeles, San Diego tick up. Denver, Boston hit highs. Las Vegas, Miami, Phoenix aspire to the crazy peaks of Housing Bubble 1.
Making deals where the buyers are. And the buyers are at lower price points.
Surging prices are a demand killer, but real estate industry laments the medicine didn’t work.
For the 9 counties, the median price in June dropped back to June 2017 levels.
“For developers and agents in most parts of the country who rely on foreign buyers, there is really no alternative to buyers from China”: CEO of Juwei.com
How out-of-whack is the discrepancy in growth between incomes, rents, and house prices?
But 8 markets show double-digit increases.