Mortgage Rates Continue Downward Trend
The 30-year fixed-rate mortgage (FRM) edged down again this week, averaging 6.09%, down from 6.13% the previous week, according to ...
Tag: housing recession
2022 Marked a Return to Pre-Pandemic High-End Activity in South Florida
REGIONAL SPOTLIGHT–South Florida’s luxury residential market experienced a return to normal in 2022, after a historic 2021 that virtually has ...
Home-Price Gains Continued to Cool in November
The challenges of a shifting housing market and mortgage environment continued to have a cooling effect on home price growth ...
Luxury Home Prices Fall as Starter Homes See Increases
Home prices have been the subject of much discussion throughout the recent housing market struggles. The current housing market correction ...
Inflation May Be Slowing, but so Is Consumer Spending
There's still a way to go before the Federal Reserve gets inflation under control. However, the signs of progress continue ...
Pending Home Sales Snap Six-Month Decline With Pre-2023 Rebound
After half a year of declining contract signings, new data from the National Association of REALTORS® (NAR) shows that pending ...
The 10 Best Markets for First-Time Homebuyers in 2023
Out of all the market challenges of 2022, first-time homebuyers had some of the biggest. With high home prices and ...
Renting Remains More Affordable, Despite Rising Prices
Renting the average three-bedroom home is more affordable compared to owning a single-family home in the nation’s largest counties with ...
New Home Sales Rise for Third Consecutive Month
New home sales continued to grow in December, rising 2.3% from November’s rate of 602,000 to 616,000, according to new ...
Mortgage Rates Tick Down Again
The 30-year fixed-rate mortgage (FRM) averaged 6.13% this week, a slight tick down from last week’s dip to 6.15%, according ...
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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