Are Corporate Megaplex Reversals Spilling Into Residential?
Of all the changes wrought by the pandemic, remote work seems to be the one with the most staying power. ...
Tag: Housing Market
Mortgage Rates Jump to Highest Point Since November
The 30-year fixed-rate mortgage (FRM) averaged 6.79% this week, up from 6.57% last week. This is according to the latest ...
The Most Affordable Cities in 2023
In a market full of challenges over the last few years, home prices have been a strong thorn in the ...
Calling All Brokers: Share Your Insight and Level of Confidence in Today’s Market
With spring mostly behind us, real estate practitioners are finding their footing as 2023 has defied many seasonal norms. Heading ...
Zombie Foreclosures Continue to Increase
As of Q2 2023 about 1.3 million (1,285,633) residential properties across the U.S. are vacant, representing 1.3% (one in 79 ...
Third Straight Week of Mortgage Application Decreases
Mortgage applications dipped again this week, down 3.7%, from last week’s 4.6% decrease, the third straight week of decreases, according ...
Food for Thought? Agents Say Grim Homebuying Poll Results Out to Lunch
There aren’t that many products in which consumers read about or hear on the news whether people think it’s a ...
Fed Divided, Awaiting Data Before Rate-Hike Decision
The choices of the Federal Reserve over the last year or two—and particularly in the last month—have been deeply scrutinized. ...
Pending Home Sales Remain Unchanged Since March Dip
The tug of war between ongoing inventory challenges in the existing-home market and homebuyer interest hasn’t let up. According to ...
Mortgage Rates Increase for Second Week in a Row
The 30-year fixed-rate mortgage (FRM) averaged 6.57% this week, up from 6.39% last week, to where it returned after a ...
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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