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  • Consumer confidence in housing rises as prices fall
    Real Estate News

    Consumer confidence in housing rises as prices fall

    January 10, 2023 /

    Property finance loan fees are nonetheless 2 times what they were being a calendar year in the past, but household rates have been falling due to the fact June, and that’s eventually creating consumers experience improved about what had been an overheated, remarkably competitive housing market place. A month to month housing sentiment index from Fannie Mae confirmed sentiment improving upon from November to December. The index is however decrease than it was a calendar year back and just a bit off its file minimal established in October and November. associated investing information The share of respondents indicating now is a fantastic time to get a house was continue to…

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    ‘Attainable housing’ planned at Hines’ new Brazoria County community

    ‘Attainable housing’ planned at Hines’ new Brazoria County community

    April 15, 2023
    Prepare for 2 More Years of Pain

    Prepare for 2 More Years of Pain

    December 22, 2022
    Housing market gets boost as home sales see highest spike since 2020

    Housing market gets boost as home sales see highest spike since 2020

    February 28, 2023
  • Where are home prices in America’s 400 largest housing markets headed in 2023? These 5 charts give us some clues
    Real Estate News

    Where are home prices in America’s 400 largest housing markets headed in 2023? These 5 charts give us some clues

    December 23, 2022 /

    When it’s very apparent that pressurized housing affordability has triggered some deflation in the U.S. housing current market, sector insiders remain divided on what the ongoing house price correction will appear like in 2023. The explanation? Need and supply are sending blended alerts. On the housing need entrance, factors keep on being slumped with mortgage order programs (down 38{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502} calendar year-around-calendar year) presently just under their lowest point throughout the 2000s housing crash. On one hand, if money circumstances ease and property finance loan premiums slide in 2023, homebuyer desire would enhance. On the other hand, the pandemic’s housing desire boom could’ve experienced a pull-forward outcome that benefits in a…

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    Francis McGee Comments Off on Where are home prices in America’s 400 largest housing markets headed in 2023? These 5 charts give us some clues

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    Harju Elekter acquired a real estate company and is reorganising production in Sweden

    Harju Elekter acquired a real estate company and is reorganising production in Sweden

    December 16, 2022
    Warning issued to female realtors, real estate agents about sex offender

    Warning issued to female realtors, real estate agents about sex offender

    November 26, 2022
    Zillow’s VRX Acquisition Reveals Why The Portal Can’t Be Dismissed

    Zillow’s VRX Acquisition Reveals Why The Portal Can’t Be Dismissed

    December 10, 2022
  • Are home prices still going up? What’s happening with mortgage rates?
    Real Estate News

    Are home prices still going up? What’s happening with mortgage rates?

    December 9, 2022 /

    Potential buyers remained reluctant to take the plunge on financing a home purchase even as mortgage rates fell for the fourth straight week. Mortgage applications decreased 2{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502} the week ending Dec. 2 compared to the previous week. And the average loan size for a purchase application was at its lowest level since January 2021. Meanwhile, the average rate for a 30-year fixed mortgage trended down to 6.33{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502} as of Dec. 8, according to the latest data from Freddie Mac. The fixed-rate mortgage has more than doubled from a year earlier when it averaged 3.1{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502}. The pandemic-era housing boom, combined with decades-high inflation and volatile mortgage rates, are forcing prospective homebuyers and homesellers to sit…

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    Francis McGee Comments Off on Are home prices still going up? What’s happening with mortgage rates?

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    Housing market hits lockdown low.

    Housing market hits lockdown low.

    February 23, 2023
    How the ice storm impacted Austin’s real estate market

    How the ice storm impacted Austin’s real estate market

    February 12, 2023
    Florida real estate firm accused of ‘equity theft’ by St. Louis homeowners

    Florida real estate firm accused of ‘equity theft’ by St. Louis homeowners

    December 24, 2022
  • Tech layoffs slow Bay Area housing market as home prices fall
    Real Estate News

    Tech layoffs slow Bay Area housing market as home prices fall

    November 19, 2022 /

    Increase tech firm layoffs to the checklist of headwinds going through the Bay Space housing industry. Increasing mortgage loan costs, economic downturn fears and a unstable stock current market have all tamped down dwelling sales and costs in new months from document-environment pandemic highs. Now, coming into the customarily slow winter real estate year, rising uncertainty in the region’s main marketplace is offering would-be customers a different rationale for pause. “We have customers who have been in and out of on the lookout at purchasing,” reported Silicon Valley real estate agent Mary Pope-Useful. “One of them performs at … Facebook, and they explained. ‘I did not get laid off, but…

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    Babylon, Merrick, Farmingdale among hotspots for millennial homebuyers

    Babylon, Merrick, Farmingdale among hotspots for millennial homebuyers

    March 28, 2023
    Best real estate markets to buy a home in 2023

    Best real estate markets to buy a home in 2023

    January 23, 2023
    How to Build a $2.7 Million Real Estate Portfolio in Just 4 Years

    How to Build a $2.7 Million Real Estate Portfolio in Just 4 Years

    April 22, 2023
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