Let ‘Em Cook: The Top 5 Hottest Markets in Each Region
Not every city or metro is feeling the freezing effects of higher mortgage rates and dwindling consumer confidence. The local ...
Tag: Housing Market
Mortgage Applications Decrease for Second Straight Week
Mortgage applications decreased for the second week in a row, down 4.6% from a decrease of 5.7% the previous week, ...
New Analysis Predicts ‘Slow-Burn’ Recession Through 2025
The prospect of a crashing economy is scary. But possibly just as scary—though maybe less dramatic—is the threat of a ...
New Home Sales Continue 7-Month Rise
New home sales increased for the seventh straight month in April due to low inventory pushing an increase of demand ...
Median Rent Price Slightly Increases
In keeping with high home prices, the U.S. median asking rent grew by $4 to $1,734 in April, down $43 ...
NAR President Testifies Before Congressional Panel About New Mortgage Fees
In response to the controversial new loan level pricing adjustments (LLPA) announced by the Federal Housing Finance Agency’s (FHFA), National ...
Where Are the Most Affordable Suburbs?
With home prices remaining high, especially in cities across the U.S., potential homeowners may consider taking a look at suburbs ...
Existing-Home Sales Drop 3.4% as High Prices and Low Inventory Challenge the Market
Existing-home sales dropped 3.4% from March to a rate of 4.28 million in April, according to the National Association of ...
Sellers Still Own the Market in Mid-Atlantic, Bright MLS Survey Says
Across the Mid-Atlantic markets sellers are holding their driver seat positions in home sales,according to a new report from Bright ...
Mortgage Rates Revert, Inch Back Up This Week
The 30-year fixed-rate mortgage (FRM) averaged 6.39% this week, inching back up to its previous level from two weeks ago, ...
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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