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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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    Francis McGee Comments Off on Consumer confidence in housing rises as prices fall

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    2022 marked the end of cheap mortgages and now the housing market has turned icy cold : NPR

    2022 marked the end of cheap mortgages and now the housing market has turned icy cold : NPR

    December 27, 2022
    Steve Trang Introduces the Real Estate Industry to Dan Nicholson’s Solvable Product

    Steve Trang Introduces the Real Estate Industry to Dan Nicholson’s Solvable Product

    December 21, 2022
    The housing market correction, as told by 4 charts

    The housing market correction, as told by 4 charts

    February 4, 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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    Why This Billionaire Investor Is Aggressively Buying Income-Producing Properties

    Why This Billionaire Investor Is Aggressively Buying Income-Producing Properties

    December 30, 2022
    Kyle Richards’ husband opens real estate firm in Palm Beach County

    Kyle Richards’ husband opens real estate firm in Palm Beach County

    January 25, 2023
    The Housing Market Flips. The First Sign of a Reversal in Prices Is Here.

    The Housing Market Flips. The First Sign of a Reversal in Prices Is Here.

    March 8, 2023
  • 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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    National home prices just bottomed out, says real estate data juggernaut CoreLogic

    National home prices just bottomed out, says real estate data juggernaut CoreLogic

    April 12, 2023
    China property stocks surged amid warnings of weak reality, high expectations

    China property stocks surged amid warnings of weak reality, high expectations

    November 21, 2022
    Real estate market adds to transgender Americans’ housing crisis

    Real estate market adds to transgender Americans’ housing crisis

    December 6, 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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    The housing market downturn isn’t over

    The housing market downturn isn’t over

    February 17, 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
    Housing market hits lockdown low.

    Housing market hits lockdown low.

    February 23, 2023
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