Published by Breitbart News | January 2, 2023 Luxury home sales took a significant plunge recently as the nation grapples with economic problems. Sales of luxury homes fell 38.1% year over year during the three months ending November 30, 2022, the biggest decline on record, according to a new report from Redfin, a technology-powered real …
Luxury Home Sales Crash 38% in Record Decline amid Economic Woes Read More »
Published by FOX Business | December 30, 2022 55% of Americans say they cannot afford to buy their home in today’s market, according to the CATO Institute 2022 Housing Affordability National Survey The U.S. housing market is experiencing its second-biggest home price correction of the post-World War II era. Macro Trends Advisors founding partner Mitch Roschelle …
U.S. Suffering From The Second Biggest Home Price Correction Of The Post-WWII Era Read More »
Published by REALTOR.com | December 27, 2022 A for-sale market with still-high housing prices and surging mortgage interest rates are pricing many out of homeownership, at least for now. Many renters crave the extra bedrooms, laundry facility, and backyard big enough for a pair of swings and a slide that single-family houses provide. But they’re …
Rising Cost of Homeownership Leads to Increased Popularity of Build-To-Rent Communities Read More »
Published by Entrepreneur.com | December 16, 2022 All real estate investors know there isn’t a single strategy for investing. As a real estate investor, you might encounter varying advice about investing on the internet, social media and from other investors. Some of these sources may claim they know best, but there are many effective strategies for …
6 Real Estate Strategies to Use at Various Stages of Your Investing Career Read More »
Published by FOX Business | December 20, 2022 Making a move in the 2023 new year could save some folks a bundle in taxes The work-from-home trend brought on by the pandemic caused many Americans in high-cost-of-living areas to uproot and move to more affordable states, using the flexibility to create more room in their …
The 5 Most Tax-Friendly States for Retirement In 2023 Read More »
Published by REALTOR.com | December 19, 2022 Homelessness rose this year as rents and home prices spiked across the country. In January 2022, nearly 582,500 people experienced homelessness, according to a recent U.S. Department of Housing and Urban Development report. That figure is a slight increase—about 0.3%—from 2020. However, homelessness fell 10% over the past 15 years. …
Homelessness Ticked Up In 2022 as Rising Rents Continued To Price People Out Read More »
Published by REALTOR.com | December 19, 2022 Rising borrowing costs have dramatically increased the cost of buying a home this year, reviving interest in mortgage products like temporary buydowns that fell out of favor after the 2008 financial crisis. Carley Chase found her dream home in Chandler, Ariz., this summer: a three-bedroom ranch, close to work, with a …
Published by FOX Business | December 15, 2022 The 30-year fixed-rate mortgage (FRM) averaged 6.31% The average long-term U.S. mortgage rate declined for the fifth straight week, even as the Federal Reserve just raised its key borrowing rate for the seventh time this year and signaled there were more to come in 2023. The 30-year fixed-rate …
Published by WJTV News | December 10, 2022 The findings reflect a real estate market that has seen home prices cool in recent months amid a period of rapidly rising mortgage rates. More than 250,000 borrowers who purchased homes this year now owe more than their house is worth today, according to a new analysis. …
Study: More Than 250K Homebuyers in 2022 are Underwater on Mortgages Read More »
Published by Forbes.com | December 7, 2022 Wichita, the largest metro in Kansas, landed the top spot largely because of its relative affordability. As the share of buyers purchasing a home for the first time rebounds to pre-pandemic levels amid a changing market, a new Zillow analysis rates Wichita, Kansas as the top area in America for potential …
Zillow Names The 10 Best Metros For First-Time Home Buyers In 2023 Read More »
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