Source: CNBC — It is not exactly surprising, given the stunning jumps in both home prices and mortgage rates, but Americans have never been more bearish on buying a house. Just 30% of adults surveyed by Gallup said now is a good time to buy a home, down 23...
Source: World Property Journal — The Mortgage Bankers Association SVP and Chief Economist Mike Fratantoni issued the following comments in reaction to the Federal Reserve’s recent FOMC statement on monetary policy and the economy: “There were two...
Source: Fox Business — Even though mortgage rates are rising at their highest pace since 1994, Century 21 CEO Mike Miedler argued that’s not the biggest problem facing the real estate market on “Mornings with Maria” Thursday. “Honestly, we...
Source: Wall Street Journal — It’s 9 a.m. on an April Sunday, and Eric Smith is drinking tea, looking out over the city of Los Angeles from the balcony of his two-level, midcentury modern in a tree-filled, mountainous neighborhood called Hollywoodland—just a...
Source: Redfin — An influx of people moving into Phoenix, Tampa and Atlanta has led to rapidly rising home prices, one contributor to outsized inflation in those areas. Those Sun Belt metros are still relatively affordable, but scores of new residents and high...
