Source: Fox Business — While the real estate market shows signs of cooling down after the 30-year fixed mortgage rate hit its highest level since 2008, one expert issued a timely warning to first-time homebuyers: “We’ve seen rates even above 6%, and...
Source: Fortune — It’s not just about how expensive housing became—it’s how fast it got there. It only took 24 months for U.S. home prices to soar a staggering 37%. For comparison, the biggest two-year spike leading into the 2008 housing crash was 29%. Heading...
Source: RisMedia — Each June, as we celebrate National Homeownership Month, it gives us a chance to reflect on the importance of homeownership and the role that real estate agents serve in making the American Dream of homeownership a reality for their clients....
Source: CNBC — The Federal Reserve raised its target federal funds rate by 0.75 percentage points, the largest increase in nearly three decades, at the end of its two-day meeting Wednesday, in an effort to quell runaway inflation. “We at the Fed understand the...
Source: Redfin — Real estate investors bought 77,829 homes in the metros tracked by Redfin in the first quarter, down 11.5% from the fourth quarter of 2021 and 16.5% from the third quarter of 2021, when investor purchases hit a record high. On a year-over-year...
Source: Realtor — We recently touted TikTok as a great platform to learn valuable tips on buying a home. But don’t worry, sellers—we haven’t forgotten about you. In today’s market, it might seem like you don’t need any other tip for selling your home than to...