Silicon Valley Real Estate Market Update 6-1-2023
Here's the weekly round-up of news. Check it out, save it for later, and/or share it with your friends. Valuing market-resistant properties Real estate professionals need to consider both the complexities of the market and the different valuation methods when measuring the effect of a harmful property condition or stigma. Full Story: REALTOR® Magazine Fannie Mae: Recession likely in Q3 Fannie Mae economists predict 0.3% negative growth for the year and a recession starting in the third quarter. Recession "is more a question of when than if," the economists say, citing rising interest rates and a tougher lending environment amid banking turmoil. Full Story: CFO Dive Challenges of poverty go beyond gentrification Displacement of residents is among the negative impacts of gentrification, a concept that has a long and complex history in American cities. "For low-income people, rates of displacement and evictions are similarly high in...