Source: Redfin — The typical home for sale found a buyer in 15 days, the fastest pace on record, during the four-week period ending May 8. Meanwhile, pending sales fell 6%, the largest year-over-year decline since June 2020 when the initial pandemic shock to...
Source: CNBC — One of the leanest housing markets in history might be putting on some fat. The supply of homes for sale could increase in the next few weeks, according to new data from Realtor.com. In April, inventory was 12% lower than in the same month last...
Source: CNBC — It could be more listings on the market, or perhaps just fear that interest rates will move even higher, but homebuyers are showing more demand for mortgages. They are, however, turning even more to adjustable-rate mortgages (ARMs), which offer...
Source: Fox Business — HESSAM NADJI: Well, the rapid rise in interest rates is causing a lot of concern, especially in the housing market. Affordability is already a challenge. Nationwide, prices for homes are up 36% since the pandemic began. So since the end...
Source: Fortune — The most competitive housing market ever is finally showing signs of breaking. As data trickles in for April, it’s becoming clear that the historically hot housing market has flipped trajectories. It’s now in cooling mode. The...
Source: Apartment Therapy — That old high school football jersey two sizes too small to fit? Tossed it. That R&B CD collection collecting dust on the bookcase? Farewell. One of the hardest things about moving from a house to an apartment is having to...
Churchill Downs Considering the Sale of 9 Gaming Properties
