Source: Yahoo! Finance — In this article: There are currently 464 U.S. cities where the typical home value is $1 million or more. There were 522 at the housing market’s peak last July. There are 190 of these “million-dollar” cities in California alone, more...
Source: Fast Company — From the rolling hills of Portugal’s Douro Valley to the Andean foothills of Argentina, there is a common dream among the international luxury consumer—owning a property in the United States. It might be a modern mansion amid Hollywood’s...
The Freddie Mac Multifamily Apartment Investment Market Index® (AIMI®) fell by 7.6% in the fourth quarter of 2022, with the index down 25.8% year over year. AIMI decreased nationwide and in all 25 markets quarterly and annually, driven primarily by rising mortgage...
The National Association of Hispanic Real Estate Professionals released the 2022 State of Hispanic Homeownership Report recently, which examines the progress made in the last year toward the organization’s mission of increasing sustainable Hispanic homeownership. ...
Source: Newsweek — By mid-2022, as mortgage rates suddenly more than doubled, most housing experts predicted that the booming market would finally cool down, after two years of high demand, skyrocketing home prices, and low inventory heated up the market so...
Mortgage rates ticked up again in February after a brief respite, showing once again just how rate-sensitive the market continues to be, according to the latest Originations Market Monitor report from Black Knight. “Conforming rates dipped below 6% early...
Hits and Misses for the Real Estate Week of June 15-19
