Source: The Motley Fool — Aside from the Great Recession, the last major housing crash was in the 1930s and 1940s during World War II. Crashes are far less common than many think, but the recent scar of the Great Recession has left many worried that we are in a...
Source: Apartment Therapy — A global pandemic followed up by a looming recession is the kind of once-in-a-lifetime double whammy that can really rock your financial confidence. Now, as interest rates spike, it raises the question: Could a 40-year mortgage...
Source: Scotsman Guide — Friday’s new residential sales report from the U.S. Census Bureau brought some surprising good news, as new single-family home sales jumped 10.7% monthly to a seasonally adjusted annual rate of 696,000 units in May. The gain was very...
Source: Redfin — High home prices and mortgage rates, along with economic uncertainty and an increase in second-home loan fees, have put an end to the pandemic-driven vacation-home boom. Demand for vacation homes has fallen below the pre-pandemic baseline for...
Source: NY Post — The scorching pandemic-era US housing market is on the verge of a “coast to coast” price correction as the Federal Reserve hikes interest rates, a prominent economist warned this week. Mark Zandi, chief economist at Moody’s Analytics, said his...
Source: MarketWatch — Even as mortgage rates continue their upward climb (see the lowest rates you can qualify for here), home prices have continued to rise. And one big factor in those rising home prices is that America is currently facing a real estate...
Mamdani Publishes Searchable Database with Names and Addresses of Pied-à-Te…
