Tag #Housing Market

lexpansion.lexpress.fr
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French Homeowners Turn to Voluntary Auctions Amid Slowing Real Estate Market

Amidst France's sluggish real estate market, voluntary auctions offer homeowners an alternative sales method, differing from court-ordered sales in their lack of price reductions and offering sellers certain buyer selection privileges.

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28% Bias Score

Reduced Inequality
cincodias.elpais.com
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Spain's Mortgage Rates Hit Second-Lowest in Europe

As of late October, Spain had the second-lowest average mortgage interest rate in Europe at 3.2%, a decrease from a high of 3.94% in October 2023 and lower than the Eurozone average of 3.5%, driven by the ECB's policy changes and market anticipations, influencing borrowing costs and impacting the ho...

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44% Bias Score

Reduced Inequality
cbsnews.com
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US Housing Market Gridlock: High Prices, Low Inventory, and Fluctuating Mortgage Rates

High US home prices (47% above 2020 levels) and low housing inventory (34% below 2019) are creating a challenging market, while mortgage rates have recently fluctuated between 6% and 7.5%, influenced by Federal Reserve actions and election outcomes.

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40% Bias Score

Reduced Inequality
smh.com.au
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Record High Mortgage Arrears in Craigieburn Amid Economic Headwinds

Craigieburn, Australia, leads the nation in mortgage arrears with 2.96% of homeowners over 30 days behind on payments due to rising interest rates, economic downturn, and the impact of past lockdowns, forcing residents to work extra shifts and cut spending.

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32% Bias Score

No Poverty
cbsnews.com
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Mortgage Rate Forecast: Stability Expected in December 2024

Experts predict mortgage rates will remain stable between 6.875% and 7.125% in December 2024, influenced by inflation concerns and the uncertainty surrounding the new administration's economic policies; however, a slight decrease is possible if unemployment increases.

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36% Bias Score

Reduced Inequality
smh.com.au
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Australian House Prices Forecast to Rise 4-6% in 2025

Australian house prices are forecast to rise 4-6% in 2025, led by Perth (8-10%) and Adelaide (7-9%), while Melbourne may see 3-5% growth, according to Domain's report, driven by housing shortages and anticipated interest rate cuts.

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44% Bias Score

nbcnews.com
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US Housing Market: 4% Price Rise Predicted for 2025 Amidst Climate and Policy Uncertainty

The median US home price was $437,300 in October 2024; economists predict a 4% price increase in 2025 due to pent-up demand, but climate risks and potential policy changes may alter this projection.

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36% Bias Score

Reduced Inequality
cnbc.com
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Toll Brothers vs. Lennar: Divergent Paths in a Challenging Homebuilding Market

Homebuilders Toll Brothers (TOL) and Lennar (LEN) report earnings this week; while both should benefit from housing demand, they cater to different income brackets and show contrasting performance in a challenging market. LEN's average selling price of $422,000 is closer to the median home price and...

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40% Bias Score

Reduced Inequality
foxnews.com
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Florida's Haines City Leads "Ex-Urb" Population Boom

Haines City, Florida, saw a 30,000-person population increase last year, joining other "ex-burbs" experiencing rapid growth due to remote work and affordable housing, but the future impact of returning to office policies remains uncertain.

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44% Bias Score

Sustainable Cities and Communities
cbsnews.com
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2025 Mortgage Rate Predictions: Uncertainty and Strategies for Homebuyers

Mortgage rates averaged 6.93% in late 2024, following a brief dip to 6.15% in September; experts predict various scenarios for 2025, influenced by Federal Reserve policies, inflation, and global events, advising buyers to prioritize financial readiness over precise rate timing.

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36% Bias Score

Reduced Inequality
dailymail.co.uk
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Rising Mortgage Rates Demand Immediate Action from Borrowers

Rising mortgage rates urge immediate action from borrowers, whether remortgaging or buying, to secure favorable terms before rates increase further. Homebuyers need to act quickly to determine monthly payments, and those remortgaging should compare options and consider locking in a rate early.

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44% Bias Score

Reduced Inequality
elpais.com
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Spanish Worker Mobility Surges 53.7% in 2023

A 53.7% surge in Spanish interregional worker mobility occurred between 2022 and 2023, with around 230,000 workers relocating due to a robust job market, remote work options, and high housing costs in major cities, benefiting some regions while exacerbating disparities in others.

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20% Bias Score