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 »
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 …
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