Published by REALTOR.com | November 17, 2023 This downward trend in mortgage rates is one sign that 2024 might be a happy year for home shoppers. With just about six more weeks to go in 2023, the tough housing market might finish the year with a surprise. Mortgage rates fell for the third week in a …
Mortgage Rates Fall Again: Is a ‘Balanced Housing Market’ Finally on the Horizon? Read More »
Published by REALTOR.com | November 13, 2023 Despite the myriad obstacles in their way, first-time buyers made up about a third of those purchasing homes to live in, according to the National Association of Realtors® More first-time homebuyers have been successfully navigating the extremely pricey and challenging housing market. Despite the myriad obstacles in their …
Published by Morning Brew | November 5, 2023 The U.S. real estate industry will never be the same. A federal jury in Missouri last week found the National Association of Realtors and large brokerages conspired to keep commissions artificially high, finding them liable for $1.8 billion in damages. This decision could have a major impact …
Published by REALTOR.com | November 2, 2023 With mortgage interest rates hitting record highs not seen in decades and quickly approaching 8%, many might wonder: How much more does it actually cost to buy a house today? According to a new report by Realtor.com®, the monthly cost of financing 80% of a typical home jumped by $166 in …
Published by Liberty Nation News | October 20, 2023 Living under a roof is now a luxury for millions of Americans. Housing affordability is not what it once was. Scouring social media yields scores of frustrated young people unable to achieve the American Dream of homeownership, let alone the basic necessity of putting a roof …
Published by Think Realty | October 9, 2023 There’s no doubt the past year has been challenging for residential real estate investors. How daunting has the challenge been? What’s going on in today’s market? Let’s take a look back at the first half of the year and a look ahead to 2024, by attempting to …
Published by Forbes.com | October 20, 2023 It looks as though Wall Street has given up on residential real estate. In 2021 and 2022, investor enthusiasm seemed to know no bounds. They poured billions into the area, eager to cash in on soaring rents. According to John Burns Research & Consulting, large landlords at the height …
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 …
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