Source: Yahoo! News — Nov. 5—PENDLETON — When the time came to sell her mother’s condominium, Carole Edwards was cautiously optimistic that a buyer would surface quickly. She was also aware, however, that the local housing market — mirroring several...
Source: Yahoo! — After climbing above 7% for the first time in 20 years, U.S. mortgage rates moved back down this week even as the housing market continues to reel from high borrowing costs. Rates also dipped despite the Federal Reserve announcing another hike...
Source: Next Advisor — The average 30-year mortgage rate is higher than it’s been in 20 years. Last week, it reached 7%, and it’s still inching higher. But the most startling thing might be just how quickly it got there. A year ago, it was 3.24%. That’s a...
Source: Real Trends — The Emerging Trends in Real Estate report, produced by PWC and The Urban Land Institute (ULI), has been the dominant voice in reporting the future of the industry for more than 40 years. Given the market upheavals in the years since the...
Source: Market Watch — Winter is coming. And in the case of real estate, that may be a good thing — at least for buyers looking for a lower priced home. Indeed, a 2021 analysis from real estate research firm ATTOM Data Solutions found that October, November and...
Source: The Hill — The Federal Reserve’s latest interest rate hike Wednesday of 0.75 percentage points is expected to intensify pressure on the housing market while pushing up mortgage rates that already have reached nearly 20-year highs. The interest hike...