2023 was not a good year for new housing. According to the Urban Coordination of the Colombian Chamber of Construction (Camacol), only 130,851 units were sold. This means that construction companies sold 106,554 fewer homes last year than in 2022, the drop is 44.9% in one year. This decrease in sales accounted for 20 billion … Read more
Buffalo, New York will be the hottest real estate market this year, according to a new analysis from Zillow. Affordability is the most powerful force driving the real estate industry, pushing low-cost markets in the Great Lakes, Midwest and South regions to the top of Zillow’s rankings by 2024. “Real estate markets are healthier where … Read more
Year 2023 was an exercise in ‘impasse‘ in the real estate market. In 2021 and 2022, especially in the first half of the latter, there was a real ‘boom’, in the residential market, with record sales figures and a price escalation comparable only to the latest hits of the bubble. However, during 2023, and forecasts … Read more
