Source: USA Today — America’s real estate market may be showing signs of a housing bubble as prices become “unhinged from fundamentals,” according to the authors of a blog post published by the Dallas Federal Reserve Bank. House prices can fall out of...
Source: The Wall Street Journal — The average rate for a 30-year fixed-rate loan jumped to 4.67%, mortgage-finance giant Freddie Mac said Thursday, marking the weekly figure’s highest reading since December 2018. The 30-year fixed rate rose from 4.42% a week...
Source: Housing Wire — Redlining is a five-alarm word in the lexicon of American racism, but it really has a quite specific definition: The denying of credit in non-white, particularly Black neighborhoods. The federal government was for redlining before it was...
Source: Realtor — This is not an easy time for homebuyers. Simply put, housing inventory is at historic lows and home prices are at historic highs, resulting in one of the most competitive times to buy a house ever. This red-hot market has prompted many buyers...
Source: The Motley Fool — Inflation’s impact on energy costs was already being felt before the Russia-Ukraine conflict, but now new sanctions restricting the exportation of fuel are exacerbating the problem and causing gas prices to soar. While it may not...
Source: Redfin — The typical U.S. condo sold for a record $319,000 in February, up 14.6% from a year earlier and 22.7% from two years earlier, just before the pandemic began. Condos are in demand partly because they’re a comparatively affordable option amid...
Report: Land Prices Soared 77% Since the Pandemic
