. People are changing their expectations and changing their price points. ;It shows that, basically, it’s taking longer for sellers to get under contract. The Missoulian in Montana. ‘It’s interesting,; he said. With increased mortgage payments, buyers are forced to become a little more picky.'" "Brint Wahlberg, a local Realtor who serves as the first vice president of the Missoula Organization of Realtors, said data shows that the amount of time homes sit on the market has been rising after hitting an all-time low earlier this year.
‘It would appear that some owners who do not need their property as a home for themselves are timing the market and prefer to be in cash right now.'" "The Cromford Report two weeks ago said ‘uncertainty is compounded by the unusual speed of change’ and that the Phoenix Metro housing scene ‘is shifting faster than we have seen at any time in the last 22 years.’ ‘Further increases in mortgage rates are kicking a big hole in demand while supply continues to grow extremely fast,’ Cromford reported.
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"The scorching pandemic-era US housing market is on the verge of a ‘coast to coast’ price correction as the Federal Reserve hikes interest rates, a prominent economist warned this week. ‘Fewer people are getting mortgages, homes are sitting on the market for longer and some sellers are cutting prices,’ Channel said." Mark Zandi, chief economist at Moody’s Analytics, said his firm expects home prices to sink in key competitive markets that are the most ‘juiced’ or BNB overvalued. Rising interest rates ‘have already caused the housing market to slow down,’ Lending Tree senior economist Jacob Channel told The Post.
For the first time in a long time, there are more sellers who are having to reduce their asking price from the original list price. "‘The past couple years people would see a house and say ‘I have to have it, I don’t care, I’m buying it’ and now they’re taking a little more time with it,’ Wahlberg explained. ‘Last year, to have an active listing reduced, that just didn’t happen. ‘The other thing we’re seeing more regularly are we’re seeing more price reductions,’ Wahlberg explained. Now you’re seeing that activity pretty regularly.'"
On real estate sites like Zillow Tourtelot notes, homes in her area are spending more time on the market and sellers are dropping their asking prices." "New Orleans homeowner Lisa Tourtelot says homes were flying off the market in her neighborhood as recently as a month ago. Now, as she prepares to list her own house for sale, the homeowner is on edge. ‘My realtor told me that, as of last week, about 50% of interested buyers dropped out,’ she says.
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The conclusion of their paper is that the blockchain–IoT combination is powerful and can cause significant transformations across several industries, paving the way for new business models and novel, distributed applications (Christidis and Devetsikiotis, 2016). They pointed out certain issues that should be considered before the deployment of a blockchain network in an IoT setting: from transactional privacy to the expected value of the digitized assets traded on the network.
In each network server (NS), except the normal functions of LoRaWAN NS, we added the blockchain management component, which can be communicated with other NS to fulfill blockchain’s functions. Figure 3 is the inner architecture of the LoRaWAN network server.
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