Source: Redfin — The share of home sellers who dropped their asking price shot up to a six-month-high of 15% for the four weeks ending May 1, up from 9% a year earlier. The 5.9% increase is the largest annual gain on record in Redfin’s weekly housing data back...
Source: Apartment Therapy — If you have a small living space, there’s not much you can do about longing for enough seating to accommodate all your guests or a space large enough to fit that extra-large couch you’ve been eyeing. However, you can make your living...
Source: CNBC — For the first time in years, Americans are in a period of rising interest rates. The Federal Reserve on Wednesday raised its benchmark rate a half-point, to cool down inflation that’s the highest consumers have seen in 40 years. In addition, Fed...
Source: CNBC —Â 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 —Â 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: Redfin —Â 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...
Reports: Fannie Mae Executives Fired in New Round of Layoffs
