Published by Breitbart News | August 29, 2022 Rents across the United States have hit a record high, with the median rent for a one-bedroom apartment now reaching nearly $1,500 a month The sky-high rents are up almost 12 percent compared to the same time last year, the analysis finds. The jump in rents now …
U.S. Rents Hit Record High, Coinciding with Skyrocketing Mass Immigration Read More »
Published by FOX Business | August 26, 2022 New listings plunged 15% year-over-year during the four week period ending Aug. 21 A growing number of home sellers are becoming even more reluctant to list their properties on the market as asking prices fall in reaction to waning demand. New listings for homes for sale dropped 15% during …
Published by FOX Business | August 23, 2022 Rent prices across the country have been taking a significant bite out of consumer budgets with some renters getting hit particularly hard over the past year. Pamela Liebman, president and CEO of The Corcoran Group, discussed the real estate market on Tuesday, stressing that the sticker shock for rents …
High Mortgage Rates Are Driving People to Rentals, Tightening Supply Read More »
Published by Breitbart News | August 23, 2022 Sales of newly built houses in the United States fell by more than expected in July, confirming a slump in the housing market seen in surveys of home builders. Purchases of new single-family homes fell 12.7 percent compared with the previous month to a seasonally adjusted annual …
New Home Sales Crash As Recession Grips Housing Market Read More »
Published by REALTOR.com | August 9, 2022 Just as sellers are slowly learning to downshift expectations and buyers are collectively hoping for a break, there are still places across the country seeing huge year-over-year increases in median home list prices—some well over 30% Navigating the U.S. housing market in summer 2022 is seeming a bit …
Published by Forbes.com | August 17, 2022 “A bona fide recession looks more likely than not over the next year,” prophesies one economist as the housing market rapidly cools. Despite falling mortgage rates providing some relief to potential home buyers, mortgage applications fell to the lowest level since the turn of the century last week—providing …
Mortgage Demand Falls To New 22-Year Low As Housing Market Fuels Recession Fears Read More »
Published by Forbes.com | August 4, 2022 The prospect of a big drop in home prices is becoming more and more likely. Burned by a hot housing market, some frustrated home buyers may have hoped that sky-high listing prices are finally coming down to earth. Well, they are – sort of. It just depends on …
Why Some Housing Markets Seem To Be Cooling Down While Others Heat Up Read More »
Published by FOX Business | August 11, 2021 The national home price average crossed $400,000 for the first time Mortgage rates resumed their upward climb along with home prices. Rates for a 30-year fixed mortgage rose to 5.22% from 4.99%, according to Freddie Mac’s weekly data. “Although rates continue to fluctuate, recent data suggest that the housing …
Published by FOX Business | August 4, 2022 Carroll CEO says 30-year mortgage temporarily falling as people ‘flee to safety’ in uncertain market Just because 20 and 30-year fixed mortgage rates have tumbled in recent days, doesn’t mean it’s the right time to buy or sell your home, according to one real estate expert. “The people …
Mortgage Rates Temporarily Fall as Home Buyers ‘Flee to Safety’ Read More »
Published by FOX Business | August 4, 2022 The National Association of Home Builders CEO argues ‘we are in a recession’ National Association of Home Builders CEO Jerry Howard recently warned that the United States is currently in a housing affordability “crisis” caused by a supply shortage. Speaking on “Varney & Co.” on August 3rd, …
Housing Industry Insider Warns U.S. is in a Housing Affordability ‘Crisis’ Read More »
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