Source: Time — The Federal Reserve once again hiked its benchmark interest rate this week, a fourth consecutive increase of 75 basis points. What does that mean for mortgage rates, which are already above 7% for the first time in 20 years? Maybe not much....
Source: Forbes — The housing market is rebalancing after the most competitive and frenetic period in recent memory. The cooling trend that is engulfing the market is expected to continue with more cities seeing home prices decline by this time next year as the...
Source: Fortune — The Pandemic Housing Boom unleashed an “investor mania” unlike anything seen in the U.S. housing market since the aughts housing bubble. Average Joes poured into the market in hopes of building Airbnb empires. Institutional investors,...
Source: Yahoo!News — My Southern View Broker Alyssa Hellman joins Yahoo Finance Live to discuss emerging housing markets, homebuyer responses to rising mortgage rates, and the outlook for demand in housing. Video Transcript [AUDIO LOGO] – Rising rates...
Source: The Motley Fool — Nobody can know the future, but here are some things I could see happening. The real estate market in the United States has been decidedly unpredictable for the past couple of years. Many investors and industry analysts (myself...
Source: The Motley Fool — You’ll often hear that being a homeowner can lead to more financial stability. When you own a home and pay down your mortgage, you get closer to owning an asset whose value can grow over time. Plus, when you rent a home,...
Hits and Misses for the Real Estate Week of June 15-19
