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 »
Published by REALTOR.com | August 21, 2023 Optimism is building that the economy might avert a recession. The odds are shifting in favor of the U.S. Federal Reserve achieving its goal of bringing down inflation through interest rate hikes without plunging the nation into a downturn—at least for now. But is a soft landing good for the …
Published by FOX Business | August 11, 2023 Recent data from mortgage buyer Freddie Mac indicated the U.S. homebuyer’s monthly costs have surged nearly 20% compared to one year ago. For homebuyers and sellers alike across America, there’s a massive “struggle” being felt to close deals or make any money. “The challenges to real estate buyers and …
Real Estate Experts Say ‘Challenges’ To Buyers and Sellers Are The ‘Greatest Ever’ Read More »
Published by FOX Business | August 10, 2023 San Antonio, Dallas, Orlando among US cities facing major housing shortage Prospective homebuyers across the U.S. are facing a chronic shortage of available houses, but the scarcity is worse in some parts of the country, according to new Bank of America research. The analysis found four cities are …
The Four U.S. Cities Facing The Biggest Housing Shortages Read More »
Published by REALTOR.com | July 27, 2023 Contract signings picked up the pace last month, and home buyers are increasingly facing multiple offer situations. Pending home sales rose slightly in June, and the latest indicators are showing a housing market on the mend. Median existing-home sales prices in June soared to their second highest on record …
Published by FOX Business | July 26, 2023 Sales of new U.S. homes fell in June for the first time in four months, suggesting that high mortgage rates and limited supply are continuing to sideline would-be buyers. New single-family home purchases tumbled 2.5% to a seasonally adjusted annual rate of 697,000 units, the Commerce Department reported Wednesday. …
New Home Sales Decline For First Time Since February Read More »
Published by REALTOR.com | July 20, 2023 Existing-home sales slowed again last month, but aspiring home buyers continue to face competition for limited inventory. Existing-home sales continued to retreat in June as the housing market faces a crushing inventory shortage. But high buyer demand is still evident as home shoppers bid up prices. The median …
Home Sales Drop While Prices Surge Near Record High Read More »
Published by FOX Business | July 14, 2023 Economist warns ‘the bulk of the drop in home prices is yet to come’ The U.S. housing market has defied expectations for a crash so far this year, but a steep decline in home prices could be right around the corner, according to a new analyst note …
Economist: U.S. Home Prices Still Face A ‘Steep and Sustained’ Decline This Year Read More »
Published by REALTOR.com | July 10, 2023 Buying a home today might seem like the most unaffordable it’s ever been. However, the baby boomers had it worse. Yes, we’ve all heard it. Buying a home today might seem like the most unaffordable, and therefore impossible, it’s ever been. Home prices are near record levels, pushed up by …
Amazingly, 2023 Is Not the Most Unaffordable It’s Ever Been To Buy a Home Read More »
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