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Author Archives: Demetria Lester

Demetria C. Lester is a reporter for DS News and MReport magazines with more than eight years of writing experience. She has served as content coordinator and copy editor for the Los Angeles Daily News and the Orange County Register, in addition to 11 other Southern California publications. A former editor-in-chief at Northlake College and staff writer at her alma mater, the University of Texas at Arlington, she has covered events such as the Byron Nelson and Pac-12 Conferences, progressing into her freelance work with the Dallas Wings and D Magazine. Currently located in Dallas, Texas, Lester is an avid jazz lover and likes to read. She can be reached at [email protected].

Declining Affordability Fuels Home Sellers to Drop Prices

While October saw an uptick in new listings, home sellers nationwide are taking a chance on the market and dropping their prices to attract more buyers. A new market report from Redfin revealed that many Americans remain concerned that mortgage rates may not decline any time soon.

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Big Apple, Big Rental Demand

While the Midwest remains the most dominant region for renters nationwide, one New York borough was named the most popular location for renters, according to RentCafe's October Rental Activity Report. Click here to see which other locales topped the list.

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Home Values Hit All-Time Highs in Q3

Home prices are up in 71% of the nation, according to ATTOM's 2023 U.S. Home Sales Report. With the U.S. median home price hitting another record in Q3, profit margins on typical home sales increased to nearly 60% nationwide.

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Who’s Bearing the Brunt of Rent Increases?

While annual single-family rent growth slowed in August, marking the 16th consecutive month of declines, a new report from CoreLogic revealed that rents have increased by 30% nationwide since February 2020. Click through to see how the numbers break down.

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Fannie Mae: Long-Term Interest Rates Projected to Impact Economy

New commentary from Fannie Mae revealed the ESR Group is warning that while rates are moving rapidly again, they are expected to weigh on consumption and business investments over time. Experts now project a significant slowing trend in economic growth through the end of the year and into 2024.

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Examining the Impact of Flood Risk on Florida Home Values

While nearly 40% of total U.S. residents live in coastal regions, a new CoreLogic report revealed that approximately 41 million U.S. residents face the risk of flooding along rivers and streams. Click here to see how flood risk impacts overall home values in the Sunshine State.

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