Published by REALTOR.com | March 12, 2024 Homebuyers might not want to bet on mortgage rates making any big drops as the spring housing market kicks off. Inflation ticked up in February by 3.2% year over year, according to the most recent consumer price index summary. That’s the third month in a row that inflation has …
Mortgage Rates Could Top 7% This Spring as Inflation Ticks Up Read More »
Published by NBC News | March 15, 2024 Consumer advocates say the National Association of Realtors’ legal agreement, if approved, could save buyers and sellers thousands of dollars and lead many buyers to forgo agents entirely. The National Association of Realtors has agreed to a landmark settlement that would eliminate real estate brokers’ long-standing commissions, …
Published by FOX Business | March 15, 2024 Home foreclosures rose again in February as Americans continue to grapple with the ongoing cost-of-living crisis. A new report published by real estate data provider ATTOM found that there were 32,938 properties in February with foreclosure filings, which includes default notices, scheduled auctions and bank repossessions. That …
Published by The Center Square | March 14, 2024 A monthly mortgage payment for a typical U.S. home has nearly doubled since January 2020 The housing market is not immune from inflationary woes as buyer’s purchasing power has significantly diminished in four years. Home buyers in 2024 need 80% more income to purchase a home …
Home Buyers Need 80% More Income to Buy Than 4 Years Ago Read More »
Published by REALTOR.com | March 8, 2024 The White House estimates it would help almost 3 million families. President Joe Biden might have thrown a lifeline to aspiring homebuyers in his State of the Union address on Thursday evening, but some experts fear that it could result in higher home prices. The president said he would like …
Biden’s $400 Monthly Homebuyer Tax Credit: A Potential Hurdle to Homeownership Read More »
Published by Think Realty | February 16, 2024 Focusing on quarter-acre vacant lots in resort communities was the game-changer. Vacant lots in planned fast-growing resort communities are one of the safest and most profitable investments. I was able to grow my portfolio substantially quickly and become a passive income earner every month tax-free—and I didn’t …
Published by REALTOR.com | March 1, 2024 Assumable mortgages are considered the unicorns of the loan world. Some say it’s because there’s not much in it for lenders. But these homebuyers prevailed. Here’s how, and why they’re so glad they did. Mickey Ricard and Grace Lucchese were excited to buy their first home together. But …
How We Bought A Home With A 2.6% Assumable Mortgage Read More »
Published by FOX Business | March 3, 2024 Being a ‘forever renter’ is attractive to millennials and empty nesters, says Post Brothers CEO As economic woes continue to pummel the housing industry, one real estate developer is finding opportunities within a new market – the “forever renters.” Post Brothers CEO and co-founder Michael Pestronk joined …
New Real Estate Opportunity Brewing as Some Americans Opt to Rent Read More »
Published by FOX Business | February 26, 2024 Prior elections have coincided with eventful years from the pandemic and Brexit referendum, which caused prices to rise. Real estate economists are sounding the alarm about how the upcoming presidential election this November could impact the housing market. While the outcome could affect certain economic policies, the election cycle …
How The 2024 Election Could Impact The Real Estate Market Read More »
Published by REALTOR.com | February 29, 2024 Experts predict what lower mortgage rates would mean for homebuyers and the housing market in general. Homebuyers who are gearing up to shop the spring housing market might wonder whether the mortgage rate gods will smile in their favor. They’re right to worry: In October, rates hit a 23-year …
What Will the Housing Market Look Like Once Mortgage Interest Rates Drop? Read More »
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