January 2023 – Page 4 – REI INK
REI INK

Delta Media Leadership Survey Reveals Real Estate Brokers 2023 Outlook

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Majority expects a decline in global and US economy – and profitability Real estate brokerage leaders are rarely a pessimistic group, yet more than half believe the global economy (63 percent) and the US economy (51 percent) will deteriorate in 2023. That’s according to the new Delta Real Estate Leadership Survey of more than 100 brokerage leaders of firms collectively responsible for more than 60 percent of all transactions last year. “Another bigger

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Zillow names Charlotte as 2023’s hottest housing market

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Zillow’s 10 hottest markets are based on factors such as expected home value growth and buyer demand Charlotte will be this year’s hottest housing market, according to a Zillow® analysis. Cleveland, Pittsburgh, Dallas and Nashville join Charlotte in the top five of the Zillow 2023 hottest markets list. “This year’s hottest markets will feel much chillier than they did a year ago,” said Anushna Prakash, economic data analyst at Zillow. “The desire to move hasn’t changed, but both buyers and sellers are

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Easing Mortgage Rates and Home Prices Provide Slight Boost to Homebuyer Sentiment

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HPSI Inched Upward in December but Remains Well Below Pre-Pandemic Highs The Fannie Mae Home Purchase Sentiment Index® (HPSI) increased 3.7 points in December to 61.0, but the index remains only slightly above its all-time low set in October. Three of the index’s six components improved month over month, including those associated with homebuying conditions, mortgage rate outlook, and job security. Only 21% of respondents believe it’s a good time to buy,

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HINES 2023 GLOBAL OUTLOOK: DISRUPTION BRINGS REAL ESTATE OPPORTUNITIES

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Report analyzes transaction volume, debt availability and asset pricing and identifies opportunities in the Americas, Asia, Europe Hines, the global real estate investment, development and property manager, released its global outlook titled “2023: Navigating Through the Labyrinth“. Following the turbulence in 2022, opportunities will abound this year due to repricing, continued outperformance of high-quality office assets, and deflation in some key sectors. Global Chief Investment Officer David Steinbach said, “In a period of global

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Veros Reports That Its National Housing Market Annual Forecast Goes Negative for the First Time in More Than a Decade

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Veros® Real Estate Solutions, an industry leader in enterprise risk management and collateral valuation services, released its 2022 Q4 VeroFORECASTSM that anticipates home prices will turn negative overall and depreciate on average by -0.5% for the next twelve months. This is a significant drop from the 1.5% annual appreciation forecast just one quarter ago. VeroFORECAST evaluates home prices in over 300 of the nation’s largest housing markets. Veros is committed to the data science

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Cooling Housing Market Will Divide the Country in 2023

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Knock Buyer-Seller Market Index shows that buyers will have more leverage in the West, while sellers will maintain an advantage in the East As the reality of high home prices and higher mortgage rates sets in, U.S. homebuyers will gain some leverage in 2023. However, shoppers are in for very different experiences depending on where in the U.S. they are looking to move, according to the Knock Buyer-Seller Market Index 2023 forecast,

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