Published by REALTOR | August 14, 2024 The next six months should bring some welcome relief to homebuyers and sellers in the form of lower mortgage rates, according to the Realtor.com® midyear housing forecast for 2024. So far, 2024 has been a tough year for the housing market with high mortgage rates, stubborn home prices, …
Midyear Real Estate Forecast Reveals Major Change for Homebuyers Read More »
Published by FOX Business | July 24, 2024 Tiny homes can range between 300 and 750 square feet The housing affordability crisis that continues to trouble would-be homebuyers is sparking an increase in demand for tiny homes. In response to this demand for more affordable properties, an innovative tiny home community called Mustard Seed Village …
Demand for Tiny Homes Spikes as Housing Affordability Crisis Continues Read More »
Published by REALTOR.com | July 16, 2024 The combination of high list prices and elevated mortgage rates means owning a home now costs nearly twice as much as it used to. Scraping together enough money to buy a home can seem like a fruitless endeavor, especially in today’s housing market dominated by high mortgage rates …
The Salary Needed To Afford a Home Has More Than Doubled Since Before the Pandemic Read More »
Published by REALTOR.com | June 29, 2024 Housing experts have been speculating that the laws of supply and demand may be finally catching up to market conditions. Some are forecasting a correction, or even a crash. It’s been about two years since mortgage rates hiked up, slamming the brakes on what had been a historically …
Published by CNBC | June 25, 2024 The housing market is unlikely to recover for several years and affordability won’t get any better unless a recession hits, according to Bank of America economists. In a mostly pessimistic outlook on the sector, the bank sees a variety of factors lining up against both a major improvement …
BOA: Housing Market To Remain ‘Stuck’ Until At Least 2026 Read More »
Published by REALTOR.com | June 28, 2024 President Joe Biden and former President Donald Trump faced off in their first presidential debate of the 2024 election cycle. Millions of people tuned in to watch Trump and Biden’s in-person showdown on live TV, and despite the muted mics to prevent a chaos of crosstalk, both candidates …
Published by Breitbart News | June 24, 2024 The Biden administration is announcing new steps to increase access to affordable housing as still-high prices on groceries and other necessities and high interest rates have dramatically pushed up the cost of living in the post-pandemic years. Treasury Secretary Janet Yellen will promote the new investments on …
Yellen Pushes Biden Housing Agenda Amid Rising Home Prices Read More »
Published by CNBC | June 14, 2024 More homeowners are listing their homes for sale. But properties are taking longer to sell as potential buyers face high prices and interest rates. Here’s what that means for homebuyers and sellers. New listings from home sellers jumped in May, up 13% from a year ago, according to …
Competition In The Housing Market Is Cooling Off Read More »
Published by REALTOR.com | June 6, 2024 As with everything in real estate, where you live also has an impact on what kind of mortgage rate you can get. It’s a challenging housing market for home buyers, with home prices at an all-time high and mortgage rates above 7%. Eagle-eyed house hunters may notice a …
Why Mortgage Rates Vary by State and Which States Have the Lowest Read More »
Published by REALTOR.com | June 5, 2024 The latest monthly housing report from Realtor.com® reveals that the typical listed price per square foot grew by a whopping 52.7% from May 2019 to May 2024. A home’s price per square foot is a somewhat overlooked real estate feature. When shopping for a house, buyers are usually …
The Price Per Square Foot of an Average U.S. Home Has Jumped More Than 50% Since 2019 Read More »
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