How 2023 Shaped Up for Buyers and Sellers
2023 was an interesting year for real estate. Post-pandemic challenges continued to plague the housing market and the economy, however ...
Tag: Housing Market
LendingTree Takes a Look at 2024
2023 has come to the end with a positive outlook. The Fed paused rates for two consecutive months, unemployment is ...
After Brief Surge, Mortgage Applications Continued Decreasing Over Two-Week Period
Mortgage applications decreased a notable 9.4% this week from two weeks earlier (the last report before the Christmas holiday), when ...
An Open Letter to Judge Stephen Bough and the U.S. Judicial System
Editor's Note: The following open letter was written by Jamie Tian, President of the Asian Real Estate Association of America ...
Pending Home Sales Flat in November
Pending home sales in November were identical to those in October, according to this month’s report from the National Association ...
Mortgage Rates Remain on Downward Trend Heading Into the New Year
The 30-year fixed-rate mortgage (FRM) averaged 6.61%, down from last week’s dip to 6.67%, according to the latest Primary Mortgage ...
New Home Sales Continue to Drop in November
New home sales continued their downward trend from October, dropping 12.2% in November, with both decreases following a miraculous 12.3% ...
Home Prices Rise for Record-High 9th Straight Month
Data released Dec. 26 for October 2023 shows that 11 of the 20 major metro markets reported month-over-month home-price increases. ...
Home Affordability Remains a Challenge in Q4 2023
Despite recent positive economic developments—lowering mortgage rates below 7% and a second consecutive rate pause from the Fed—housing affordability continues ...
Leading Economic Index Fell Again in November
The Conference Board Leading Economic Index (LEI) for the U.S. declined by 0.5% in November to 103, following a decline ...
6 Key Numbers Buyers Must Examine Before Committing
“The rate should never be treated as a yes-or-no answer,” says Nick Nastos, founder of Chicago’s Property Shop. “I would be more concerned about a buyer closing with no emergency fund than one accepting a slightly higher rate with a manageable payment and cash still in the... Read more.
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