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Pueblo real estate businesses hit hard by housing market slowdown
Pueblo’s real estate market is continuing to slow down, and the fallout is impacting businesses industrywide. It’s not just Realtors feeling the impacts — it’s home builders, mortgage lenders and title companies too. “Overall, the housing slowdown is having a ripple effect across the industry as we see more title companies, mortgage companies and builders reducing staff,” said Dave Anderson, Pueblo Association of Realtors communications chair. “There’s layoffs coming, I am sure,” said Randy Nobiensky, self-employed contractor with RH Builders who is seeing the impact on builders and Realtors. “We are all connected, all in the same boat, and with the interest rates where they are. People are not buying,…
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Global Do-It-Yourself (DIY) Home Improvement Retailing Market To Hit $1,278.00 Billion by 2030: Allied Market Research
Allied Market Research A prominent surge in popularity of do-it-yourself projects among customers has enhanced growth of the global do-it-yourself (DIY) home improvement retailing market. During the COVID-19 period, DIYers were engaged in gardening practices for enhancing living spaces and keeping them entertained due to lockdowns. Based on the type, the utility segment accounted for the largest share of the market in 2021. Portland, OR, July 12, 2022 (GLOBE NEWSWIRE) — According to the report published by Allied Market Research, the global do-it-yourself (DIY) home improvement retailing market accrued $848.20 billion in 2021, and is predicted to garner $1,278.00 billion by 2030, registering a CAGR of 4.37% from 2022 to…
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Global Do-it-Yourself (DIY) Home Improvement Retailing Market Predicted to Hit $1,278.0 Billion, Growing at 4.37% CAGR from 2022 to 2030 [130-pages]
Rising availability of DIY home improvement products is fueling the do-it-yourself (DIY) home improvement retailing market growth. The COVID-19 pandemic has positively impacted the market. The North America region is likely to lead the market. NEW YORK, July 5, 2022 /PRNewswire/ — Research Dive has added a new report to its offerings titled, “Do-it-yourself (DIY) Home Improvement Retailing Market by Type (Building Materials, Decor & Indoor Garden, Lighting, Electrical Work Materials, Tools & Hardware, Painting, Wallpaper & Supplies, Plumbing Materials & Equipment, Flooring Repair & Replacement Materials, and Outdoor), Distribution Channel (Offline and Online), and Regional Analysis (North America, Europe, Asia Pacific, and LAMEA): Global Opportunity Analysis and Industry Forecast,…
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Housing industry getting hit by ‘perfect storm,’ billionaire real estate developer warns
Billionaire real estate developer Jay Bloom says the housing ‘boom’ is caused by supply chain interruptions, low-interest rates and ‘foreclosure moratorium’ due to the pandemic. Billionaire real estate developer Jay Bloom warned consumers Thursday the housing industry is getting hit by the “perfect storm.” “We’re in the middle of a real estate boom like we haven’t seen in the past,” Bloom told “Cavuto: Coast to Coast.” He said several different factors impact homebuilding in the red-hot housing market – from supply chain interruptions to low-interest rates and the “foreclosure moratorium” during the pandemic. US RENT PRICES REACH RECORD HIGHS AS BUYERS PUSHED OUT OF MARKET “A $12 piece of lumber…
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Manhattan residential real estate sales hit record $7.3 billion in first quarter
Luxury high-rise apartments are viewed across Central Park South near Columbus Circle in the Manhattan borough of New York. Robert Nickelsberg | Getty Images Manhattan residential real estate sales topped $7 billion in the first quarter, marking the strongest-ever start to a year as the market shows no signs of slowing, according to new sales data. There were 3,585 sales in the first quarter, the highest number ever for a first quarter, according to a report from Miller Samuel and Douglas Elliman. That’s up 46% from the first quarter of 2021. Total sales volume surged by 60% to over $7.3 billion, as falling inventory also led to continued growth in…
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