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Map: How fast sellers are slashing home prices in America’s 97 biggest housing markets
The Pandemic Housing Boom saw U.S. home prices spike an unprecedented 43% in just over two years. But that’s over now: Spiked mortgage rates have pushed the U.S. housing market into a sharp slowdown that could threaten some of those gains. Some firms—including John Burns Real Estate Consulting, Zonda, and Zelman & Associates—are already predicting that U.S. home prices in 2023 will post their first year-over-year decline of the post–Great Financial Crisis era. In a sharp housing downturn scenario, Fitch Ratings thinks a 10% to 15% national home price decline is possible. Not everyone agrees. Goldman Sachs and Zillow predict that U.S. home prices will rise another 1.8% and 2.4%,…
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Crossrail: Dad says kids are demanding he gets bathroom redone as Elizabeth line means incredible Tube map on wall is now wrong
A London dad has shared a snap of an incredible Tube map on his bathroom wall using custom-made tiles. Now, after the introduction of the Elizabeth line, which officially opens today (Tuesday, May 24), he says his kids are requesting he change the map in line with the new changes to the railway line. Jonathan Baggs posted a picture of the stunning wall design on social media. He tweeted: “The kids want us to update the bathroom tiling. #ElizabethLine #Crossrail @TfL#tubemap” alongside the snap. The Elizabeth line, known previously as the Crossrail project, will see commuter’s travel times slashed and should decrease congestion. It also may mean Jonathan will have…