Source: Mortgage News Daily — It was yet another tough week for the mortgage market with rates rising to their highest levels since 2009, but how high have they actually risen? There’s a correct answer and then there’s the answer that can be gleaned from...
By Dan Harkey Real Estate & Private Money Finance Consultant m: 949 533-8315 | e: [email protected] There are multiple methods for determining a property’s value, including market value and appraised value. There are also numerous definitions of value conclusions...
Source: NAHB — As part of The Nationals awards program, NAHB named Traditions of America in Berwyn, Pa., the Builder of the Year and Trilogy® in Country Pointe Plainview Madison in Plainview, N.Y., the For-Sale Community. The awards were presented during the...
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: CNN — In a bid to curb high inflation, the US Federal Reserve on Wednesday increased its key short-term interest rate by half a percentage point — the first hike of that magnitude in 22 years. While the US economy is still operating in a fairly...
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...
America Needs More Homes. Builders Are Being Given Reasons to Build Fewer
