Source: The Washington Post— Housing has increasingly become one of the most unequal parts of the economic recovery. At the top there is a nationwide housing boom, fueled by a run-up in home prices as higher-income households rush to take advantage of...
Source: Business Insider — One question is plaguing prospective homebuyers in this red-hot housing market: When will prices start coming down? But the cure for high prices is high prices, to paraphrase a famous saying from the commodities world. There’s...
Source: Mansion Global — Manhattan’s luxury-home buyers are steadily losing their edge over sellers, as sales activity has rebounded sharply from the severe pandemic-induced slowdown of last year, according to the latest contracts data from Olshan Realty. The...
Source: The World Property Journal — CoreLogic’s latest U.S. Single-Family Rent Index (SFRI) shows a national rent increase of 5.3% year over year in April 2021, up from a 2.4% year-over-year increase in April 2020. While rent growth dipped significantly...
Source: MPA — An increase in mortgage rates has ended a 10-week streak of sub-3% rates, Freddie Mac reported Thursday. For the first time since April, the benchmark 30-year fixed-rate mortgage rose above 3%, up nine basis points to 3.02%. Freddie Mac chief...
