The Housing Markets Facing Greater Risk of Downturns
Third-quarter patterns—derived from gaps in home affordability, underwater mortgages, foreclosures and unemployment—revealed that California, New Jersey and Illinois have the ...
Tag: Housing Market
Gen Z Will Now Shape Rental Demand, Harvard Study Says
Millennials have been a generation of (mostly) renters for the past decade or two. Graduating to adulthood in the 2008 ...
Mortgage Rates Hover Near 7%
The 30-year fixed-rate mortgage (FRM) decreased for the sixth straight week, from last week’s average of 7.22% to an average ...
OP-ED: Student Debt Leaves the Next Generation of Homebuyers Hopeless
My generation—halfway between millennials and Gen Z—has a penchant for grim humor about our shared future. An internet meme I’ve ...
The Housing Markets That Will Dominate 2024
As 2023 is coming to a close, there’s a lot of predictions up in the air for what the housing ...
As 2024 Dawns, Brokers and Agents Talk Jobs, Lawsuits, Hopes and Concerns
Peaks and valleys… ebbs and flows… waxes and wanes… Every real estate professional understands that their industry has more of ...
Home Price Growth Continues Slow but Steady Increase in October
U.S. single-family home price growth continued to increase modestly in October, posting a 4.7%-year over-year increase, according to the latest ...
Real Estate Has a Perception Problem. Andy Florance Wants to Shine a New Light
Above: CoStar Founder and CEO Andy Florance. Photo by AJ Canaria. The glass booth, transparent except for looping letters spelling ...
Mortgage Rates Decline for Fifth Straight Week
The 30-year fixed-rate mortgage (FRM) decreased for the fifth straight week, from last week’s average of 7.29% to an average ...
Home Mortgage Lending Declines in Q3 2023
Across the U.S., 1.54 million mortgages secured by residential property (1 to 4 units) were issued in Q3 2023, representing ...
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.
Business Tip of the Day provided by
