Published by REALTOR.com | November 11, 2022 All eyes have been glued to mortgage rates lately as those all-important fees continue their seemingly inexorable upward march. While average rates for a 30-year fixed-rate mortgage dipped to 6.95% last week, that figure climbed back to 7.08% for the week ending Nov. 10, according to Freddie Mac. And if inflation refuses …
Published by REALTOR.com | November 10, 2022 For would-be buyers who have had their home searches foiled or delayed by soaring mortgage interest rates, the housing market is likely to get worse before it gets better. Mortgage rates are expected to keep rising after new indicators showed that inflation rose 7.7% year over year in October, …
Inflation Is Finally Slowing. Will Soaring Mortgage Rates Do the Same? Read More »
Published by FOX Business | November 8, 2022 The report stated a loss of $1.3 trillion U.S. mortgage holders saw a massive loss of equity in the third quarter, mortgage-lending software and analytics company Black Knight found. Black Knight’s Mortgage Monitor Report, released Tuesday, said the total homeowner equity lost in the three-month period amounted to …
Report: Mortgage Holders Lost Massive Equity In The Third Quarter Read More »
Published by REALTOR.com | October 28, 2022 Rents are rising—and renters are poised to take out their frustrations in the midterm elections. More than half of renters registered to vote say that housing will be a key issue for them in the midterms next month, according to a recent Apartment List report. The rentals website …
Published by Visual Capitalist | October 19, 2022 As a market gathers steam and prices increase, it remains a matter of debate whether that market is overvalued and flooded with speculation, or it’s simply experiencing robust demand. Housing bubbles are a tricky phenomenon. Of course, once a bubble bursts, it’s all obvious in hindsight. One common …
These Global Cities Show the Highest Real Estate Bubble Risk Read More »
Published by CNBC | October 7, 2022 Renters across the U.S. are feeling the sting of soaring inflation, rising housing costs and the end of the national eviction ban. Some 15% of American households, around 6 million, are behind on rent this fall, according to a recent report from MyEListing.com, a commercial real estate website. South …
The 10 States Where Renters Are Most Behind On Payments Read More »
Published by Breitbart News | October 3, 2022 Construction spending in the U.S. fell in August for the third straight month as the housing market dips deeper into a recession. Total construction spending dropped by seven-tenths of a percentage point compared with the prior month, data from the Commerce Department showed Monday. That followed a …
Construction Spending Falls For Third Straight Month Read More »
Published by Breitbart | September 27, 2022 Home prices fell in July compared with the previous month, according to the S&P CoreLogic Case-Shiller Index. This is the first national decline since 2012. Before seasonal adjustment, the U.S. National Index fell 0.3 percent month-over-month decrease in July, while the 10-City and 20-City composites both posted decreases of …
U.S. Home Prices Fall For First Time Since 2012, Largest Ever Deceleration Read More »
Published by FOX Business | September 24, 2022 Cincinnati saw the biggest jump among the 50 most populous metros Renters are facing higher costs as lease prices reached record highs in August. The national median asking rent climbed 11% year-over-year, though some areas saw increases more than double that. For instance, asking rents in Cincinnati, Ohio, …
Rent On The Rise: U.S. Markets Where Prices Rose Fastest In August Read More »
Published by Forbes.com | September 9, 2022 Tenants are wrestling with rent increases of 28% on average over the last three years. Sharon Greenfelt Kersten, a 70-year-old publicist, loved the $1,900-a-month Fort Lauderdale, Florida, two-bedroom rental house where she lived and worked. But in November 2021, her landlord told her he planned to raise the …
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