Published by FOX Business | October 19, 2023 Economists project 2023 will mark the slowest home sales year since the housing bubble burst in 2008. Redfin estimated there will only be roughly 4.1 million sales of existing homes across the nation by year’s end due to persistently high mortgage rates — now hovering at 7.63% …
2023 Housing Market Projected to Have Fewest Sales Since 2008 Read More »
Published by REALTOR.com | October 12, 2023 Is this a repeat of the 2008 housing bust? The number of homeowners hit with foreclosure notices in the third quarter of the year jumped 34% from a year ago to nearly 125,000, according to a recent report from real estate data firm ATTOM. They were up 28% from the previous …
Foreclosures Continue To Surge: Are They a Threat to the Housing Market? Read More »
Published by REALTOR.com | September 28, 2023 The housing market is facing a new threat: a looming government shutdown. “The housing market is in a very fragile state right now,” says Jim Tobin, president and CEO of the National Association of Home Builders. “What we don’t need is a government shutdown that further damages the housing …
Published by Breitbart News | September 29, 2023 Average Americans cannot afford to buy a home in a growing number of communities across the United States, according to a report released by real estate data provider ATTOM. The report, CBS News noted, details how researchers analyzed 575 United States counties last year and found that 99 …
Breitbart: Home Prices ‘Unaffordable’ for Average Americans Read More »
Published by REALTOR.com | September 25, 2023 Many factors are at work keeping both prices and mortgage rates high—and homebuyers frustrated. Lately, the housing market just seems to defy logic. Mortgage rates refuse to come back down, contrary to the predictions of experts. Home prices continue to rise despite those high rates. And all of …
Confused by the Housing Market? You’re Not Alone! Read More »
Published by FOX Business | September 16, 2023 With such barriers into the housing market, about 1 in 5 millennials don’t believe they will ever buy a home, according to a recent survey conduced by real estate brokerage Redfin. A growing portion of millennials believe they have missed the boat on homeownership. Today’s housing market is …
Millennials Feel They Missed ‘Golden Opportunity’ to Buy a Home Read More »
Published by The New York Post | September 7, 2023 Homeowners in San Francisco selling their abode in the troubled city can expect to receive $100,000 less than they bought their home for, according to real estate brokerage Redfin. Homeowners in San Francisco looking to sell in the troubled city are a whopping four times …
Published by Breitbart News | August 30, 2023 Pending home sales bounced back for a second month in a row in July, as the housing market continued to show signs that buyers were returning despite high rates on home loans. Pending home sales rose by 0.9 percent in July compared with the previous month, according …
Pending Home Sales Unexpectedly Rise as Housing Recovery Continues Despite High Rates Read More »
Published by FOX Business | August 27, 2023 Kevin O’Leary predicts the ‘very short term’ mayhem will begin this fall “Shark Tank” investor Kevin O’Leary revealed the cold hard truth on America’s housing market, Tuesday, warning that September will be the start of “real chaos” for the U.S. economy. “This was inevitable. We talked about …
Published by Breitbart News | August 22, 2023 Sales of previously owned homes fell to their lowest level since the start of the year, highlighting how the rapid rise in mortgage rates has sent the housing market into a state of suspended animation. Sales of previously owned homes fell by 2.2 percent from a month …
Home Sales Fall To Six Month Low…But Prices Rise Anyway Read More »
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