Published by The New York Post | September 7, 2023 Homeowners in San Francisco selling their abode in the troubled city can expect to receive $100,000 less than they bought their home for, according to real estate brokerage Redfin. Homeowners in San Francisco looking to sell in the troubled city are a whopping four times …
Published by Breitbart News | September 5, 2023 The question now is, how high will the default rate climb? Per Equifax, “credit card delinquencies have hit 3.8% this year, while 3.6% have defaulted on their car loans.” It’s been more than ten years since we’ve seen figures this high. The Post blames rising interest rates, which make …
BREITBART: Credit Card, Car Note Defaults Hit Ten-Year High Read More »
Published by CNBC Real Estate | September 6, 2023 7% appears to be the new normal After rising sharply for several weeks, mortgage interest rates pulled back slightly last week, but not enough to revive mortgage demand. Total mortgage application volume fell 2.9% last week, compared with the previous week, according to the Mortgage Bankers …
Mortgage Demand Drops to 27-Year Low as Interest Rates Pull Back Read More »
Published by Breitbart News | September 4, 2023 Democratic presidential contender Robert F. Kennedy Jr. said this weekend that the government should assist first-time home buyers by offering them discounted 3 percent mortgages, financed by selling tax-free U.S. Treasury bonds. Kennedy described his policy during the Breitbart News Labor Day Special on SiriusXM Patriot 125 with host …
Robert F. Kennedy Jr.: Use Gov’t Bonds to Help First-time Home Buyers Read More »
Published by Forbes.com | September 1, 2023 Forbes lists all 50 states from highest to lowest property taxes, and you may be surprised by what you see. Property tax rates are generally determined on the county level, in contrast to personal income tax rates, which are usually determined on the state level (though counties and …
Published by Breitbart News | August 30, 2023 Pending home sales bounced back for a second month in a row in July, as the housing market continued to show signs that buyers were returning despite high rates on home loans. Pending home sales rose by 0.9 percent in July compared with the previous month, according …
Pending Home Sales Unexpectedly Rise as Housing Recovery Continues Despite High Rates Read More »
Published by FOX Business | August 27, 2023 Kevin O’Leary predicts the ‘very short term’ mayhem will begin this fall “Shark Tank” investor Kevin O’Leary revealed the cold hard truth on America’s housing market, Tuesday, warning that September will be the start of “real chaos” for the U.S. economy. “This was inevitable. We talked about …
Published by REALTOR Magazine | August 14, 2023 Investment properties in beachside communities offer the highest ROI potential, a new analysis shows. Here are the most profitable hotspots this year. Vacation homes have proven to be profitable for real estate investors, and owning a short-term rental near a beach may offer the best prospects. Vacasa, …
Published by Breitbart News | August 22, 2023 Sales of previously owned homes fell to their lowest level since the start of the year, highlighting how the rapid rise in mortgage rates has sent the housing market into a state of suspended animation. Sales of previously owned homes fell by 2.2 percent from a month …
Home Sales Fall To Six Month Low…But Prices Rise Anyway Read More »
Published by REALTOR.com | August 21, 2023 Optimism is building that the economy might avert a recession. The odds are shifting in favor of the U.S. Federal Reserve achieving its goal of bringing down inflation through interest rate hikes without plunging the nation into a downturn—at least for now. But is a soft landing good for the …
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