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‘Supply problem’ is keeping housing unaffordable, expert says – Yahoo Finance

While many forecasts point to home prices declining next year amid slowing home sales, housing will remain unaffordable for many homebuyers, according to one expert. “We have a supply problem with housing,” Marc Norman, associate dean at the NYU Schack Institute of Real Estate, told Yahoo Finance Live (video above). “We’ll see the price declines, […]

Rent prices are up in some states and down in others. Find out where – USA TODAY

Rents nationwide seem to be stabilizing, seven months after they rose above $2,000 a month for the first time. November rents crept up to a median of $2,007, a gain of just over 1% from October following two straight months of declines, according to a report from Rent.com. The median rent on two- and three-bedroom apartments rose by 2.5% […]

Routt County real estate sales eclipse $39M from Dec. 16-22 – Steamboat Pilot & Today

Real estate transactions in Routt County surpassed $39.9 million across 17 sales for the week of Dec. 16-22. Routt County Road 44Seller: Sherrod Ranch LLCBuyer: Oak Tree Ranch LLCDate: December 16Price: $21,625,000Property Description: Map or Plat and Boundary Agreement Parcels 1,2; SECS 17-7-85, 19-7-85, 20-7-85, 21-7-85, 28-7-85, 29-7-85; SECS 21-7-85, 28-7-85, Campbell Ranch Subdivision Replat […]

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