Source: Redfin — Homebuyers in nearly every part of the country have felt the impact of surging housing prices since the start of the pandemic—but especially those in the Sun Belt, which has seen costs skyrocket even more than other areas as out-of-towners flock...
Source: Redfin — The typical homebuyer’s monthly mortgage payment shot up 39%, the largest year-over-year gain on record as the average 30-year-fixed rate hovered at a 12-year high of 5.1%. Redfin’s data on homebuyer mortgage payments is based on asking-price...
Source: Forbes — Ellen DeGeneres has had a few tough years that have culminated in her finalizing her decision to finally retire from the Ellen show. However, these struggles have not slowed Ellen down in other areas of her life, least of all her real estate...
Source: Fox Business — Billionaire real estate developer Jay Bloom warned consumers Thursday the housing industry is getting hit by the “perfect storm.” “We’re in the middle of a real estate boom like we haven’t seen in the...
Source: News 5 Cleveland — STRONGSVILLE, Ohio — Strongsville-based Union Home Mortgage has announced an unspecified number of layoffs this week, joining the roster of other large mortgage lenders in recent days that have reduced their workforces amid declining...
Source: Fortune — Fed Chair Jerome Powell has made it clear: The central bank is done sitting on the sidelines as inflation chips away at the value of the dollar. The plan? Put upward pressure on interest rates until price growth relents. Historically speaking,...