Foreclosure Activity Ticks Up in First Half of 2023
A total of 185,580 U.S. properties had foreclosure filings in the first six months of 2023, up 13% from the ...
Tag: Housing Market
Are Investor-Owned Homes Placing Additional Strain on Housing Supply?
Real estate markets across the board have been challenged with a significant inventory strain in the post-pandemic world, driving renters ...
Blunder or Bonanza? The Risk/Reward Saga of One ‘Flipped’ House
The Westport, Connecticut house at 11 Guyer Road was flipped within six months. The above photomontage depicts the remodeled white ...
Where Rents Are Decreasing and Increasing Across the U.S.
Inflated home prices across the U.S. have many potential buyers turning to rentals as an alternative to homeownership, but rental ...
NAHB Report: Remodeling-Market Sentiment Down In Q2
The National Association of Home Builders (NAHB) released its NAHB/Westlake Royal Remodeling Market Index (RMI) for the second quarter, posting ...
Mortgage Rates Jump for Third Straight Week
The 30-year fixed-rate mortgage (FRM) averaged 6.96% this week, up from 6.81% last week, according to the latest results of ...
The Most and Least Expensive Housing Markets
It’s no secret the current state of the market has made homebuying a real challenge for most. High prices, high ...
U.S. Inflation Falls to 3% in June Ahead of Critical Fed Decision
The downward trajectory of U.S. inflation has held firm as the latest Consumer Price Index (CPI) released this morning provided ...
Home Prices in South, East Likely to Stabilize
Despite many Southern and Sun Belt metros tracking well above long-term models for home prices, researchers are now anticipating a ...
These Markets Have the Highest Share of Luxury Homes
As home prices remain inflated across the U.S., the definition of what a luxury home is has become a little ...
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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