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These are the 10 fastest-cooling real estate markets in the US

These are the 10 fastest-cooling real estate markets in the US

by Third Party | Sep 26, 2022 | Industry Updates, Real Estate Agent Tools, Real Estate News

Source: The Hill —  The real estate market is cooling fastest primarily among West Coast cities already hit by the lingering affordability crisis, with Seattle leading the way, according to a new analysis.  An analysis from the real estate firm Redfin ranked the...
Powell warns of a correction in the once ‘red-hot’ housing market

Powell warns of a correction in the once ‘red-hot’ housing market

by Third Party | Sep 26, 2022 | Industry Updates, Real Estate News, U.S. Housing Market

Source: Boston —  Federal Reserve Chair Jerome Powell warned that the US housing market is likely to suffer a reversal in the wake of policymakers’ interest-rate hikes. “We’ve had a time of a red-hot housing market all over the country,” Powell said in a press...
US ‘housing recession’ could send prices 20% lower by mid-2023: economist

US ‘housing recession’ could send prices 20% lower by mid-2023: economist

by Third Party | Sep 26, 2022 | Industry Updates, Real Estate News, U.S. Housing Market

Source: New York Post —  US home prices are now “clearly falling” and could plummet by as much as 20% by mid-2023 as the Fed continues its aggressive push to hike interest rates, according to a prominent economist. Ian Shepherdson, the chief economist at...
Ten US Housing Markets That are Cooling the Fastest

Ten US Housing Markets That are Cooling the Fastest

by Third Party | Sep 25, 2022 | Industry Updates, Real Estate News, U.S. Housing Market

Source: Globe Street —  As the US housing market continues to cool, Seattle has the dubious distinction of slowing faster than any other city in the country, according to an analysis by Redfin that ranked the most populous US metropolitan areas according to the...
Mortgage customers fear unaffordable repayments due to rate hikes

Mortgage customers fear unaffordable repayments due to rate hikes

by Third Party | Sep 25, 2022 | Industry Updates, Mortgage Information, Real Estate News, U.S. Housing Market

Source: Mortgage Introducer —  With another interest rate hike expected this week, a third of mortgage customers in the UK said that rising rates have made repayments unaffordable for them. Commissioned by Butterfield Mortgages, an independent survey of 2,000 UK...
America Mortgages Announces a Way to Obtain US Mortgages based on Rental Income Only

America Mortgages Announces a Way to Obtain US Mortgages based on Rental Income Only

by Third Party | Sep 25, 2022 | Mortgage Information, Real Estate Agent Tools, Real Estate News

Source: EIN News —  America Mortgages, the leader in U.S. mortgage originations launched a non-QM lending program for non- SINGAPORE, September 21, 2022 /EINPresswire.com/ — America Mortgages, Inc., the leader in U.S. mortgage loan originations for...
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