This is where housing is relatively affordable. Getty Images Home prices have skyrocketed in recent years, and CoreLogic has revealed…
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US mortgage rates have reached their highest levels in over 13 years. This is the latest sign of market turmoil…
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Americans have more equality in their homes than ever before. According to the Federal Reserve Board, total US housing wealth…
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Fed’s biggest rate hike since 1994 means millions more homebuyers may be priced out of the housing market: ‘Desperate times call for desperate measures’
by adminby adminSympathize with those first-time homebuyers. On Wednesday, the Federal Reserve raised the benchmark interest rate by 75 basis points to…
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Housing market is cooling as an estimated 25% of home listings cut their asking prices: ‘We’re shifting from a real buying frenzy to much more normal conditions’
by adminby adminAccording to a survey by real estate data companies, home retailers are cutting prices significantly as the housing sector cools.…
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Renting vs. owning: The difference is ‘higher than at any time since the turn of the century’
by adminby adminThe housing market DecelerateHowever, owning a home is still a costly proposal. The two graphs show exactly how expensive it…
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Some homes in Provo, Utah received 50 offers at the peak of housing boom. Economists now warn of many such ‘overvalued’ property markets
by adminby adminTraveling to Utah was easy for Leola Broussard. Brotherd, who had previously rented a house from a friend in the…
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Private Investors Buy Up Retail Real Estate as Bigger Players Remain Cautious
by adminby adminPrivate investors are exploding real estate in shopping centers and other physical stores. This is a bullish sign of the…
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I’m the chief economist for the National Association of Realtors. Here are 6 things to know about the housing market now
by adminby adminIn this series, we ask various real estate economists what buyers and sellers need to know about the housing market…
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Los Angeles is the ‘worst’ metro area in America for first-time home buyers — but you may be surprised by the ‘best’
by adminby adminCongratulations to Angelenos — for first-time homebuyers, you officially live in one of the worst metropolitan areas. New research by…