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Stock impact report

It's not just Florida. Real estate boomtowns are going bust. [Yahoo! Finance]

Walker & Dunlop, Inc (WD) 
Last walker & dunlop, inc earnings: 2/5 06:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
In the halcyon days of 2021 and 2022, cities like Austin, Tampa, Phoenix, and Atlanta attracted swarms of movers . Home listings reliably drew multiple offers above the asking price , and buyers plunked down all-cash offers to fast-track their purchases. Flash forward to today, and the big "winners" of the work-from-home reshuffle — metros that drew hordes of footloose workers and disaffected coastal dwellers — have turned into losers. Fewer people are moving to so-called Zoomtowns . Home listings are piling up on the market. Prices are dropping. The anxiety has shifted from buyers trying to elbow their way in to sellers just trying to offload their properties. A new report by the real estate analytics firm Parcl Labs , shared exclusively with Business Insider, shows that home sellers in the lower half of the US, also known as the Sun Belt, are the most desperate in the country. Housing markets in the Midwest and Northeast , on the other hand, are going strong. Inventory in those Show less Read more
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