Published by Forbes.com | August 28, 2022 In an analysis of the 97 most populous U.S. metro areas, one quarter of home sellers lowered home asking prices in June. Given rising mortgage rates that spiked to their highest levels since the 2008 housing crisis and fears of a recession, the real estate market has been preparing for …
Written by Tod Snodgrass | September 1, 2022 The number of NOD pre-foreclosures notices are on the rise. Fortune magazine reports they are up triple digits in 2022 compared to 2021. There are several factors causing the uptick: COVID mortgage forbearance overhang, the current recession, rapidly rising interest rates this year, etc. The increase in the …
Published by Breitbart News | September 1, 2022 When the housing bubble of the first decade of the twenty-first century burst, there was widespread agreement that one of the culprits was mortgages that required little or no money down. The dark lord of no-money-down mortgages emerged this week in the form of a new home loan …
Breitbart: How to Build an Antiracist Housing Bubble Read More »
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 »
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