""High property taxes, rising insurance costs, and fears about job security are making homebuyers very selective. The buyers who are in the market want turnkey homes in every sense, and they can afford to wait without compromising because we have tons of inventory.""
""Perched on the southern shore of Lake Erie, Cleveland mixes Rust Belt grit with a genuine comeback story—from the world-class Cleveland Clinic to the Rock & Roll Hall of Fame, to revitalized neighborhoods like Ohio City and Tremont where century-old homes sit next to buzzy breweries and restaurants.""
During the pandemic, Florida and Texas saw a surge in housing demand due to remote workers. Currently, the U.S. is a buyer's market, with sellers outnumbering buyers by 43%. The most extreme buyer's markets are in the Sun Belt, particularly Miami, Nashville, Austin, San Antonio, and Las Vegas. High property taxes and rising insurance costs are making buyers selective. In contrast, Ohio's markets remain more stable, with Cleveland showing a balanced market and revitalization efforts enhancing its appeal.
Read at Fortune
Unable to calculate read time
Collection
[
|
...
]