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Harsh warning on US real estate market issued: ‘America needs more housing’
Certified affiliate real estate broker Brian Lewis breaks down the point out of the U.S. housing current market as household potential buyers really feel the pain of sky-significant property finance loan charges. A person genuine estate professional issued a warning to Americans that the U.S. is suffering from a housing stock crisis that could further more destruction the sector. “Here’s the issue about The united states, we really don’t have inventory. Guys, it is limited out there,” serious estate broker Brian Lewis claimed on “The Claman Countdown” Thursday. “In New York Town, it truly is tight. In Richmond, Virginia, it is really restricted. In some regions of Chicago, it is…
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The No. 1 emerging real-estate market in America is also the RV capital of the world
The pandemic spurred millions of Americans to abandon city life, fleeing to the ‘burbs. A new report highlights a novel destination for would-be homeowners to consider: The R.V. capital of the world. The Wall Street Journal/Realtor.com Emerging Housing Markets Index, released Tuesday, ranked Elkhart-Goshen, Ind., as the top housing market. (Realtor.com is owned by the same parent company as MarketWatch.) The northern Indiana city is known to produce as much as 80% of recreational vehicles globally, with manufacturers headquartered in the city. These include companies like Jayco, Keystone, and more. The metro area has one of the lowest unemployment rates compared to others on the index, at 1.6%, the report said.…
