Source: USA Today — As mortgage rates continue their upward march, the share of U.S. homes worth seven figures is dropping. In another indication of the cooling housing market, homes that would have been worth $1 million or more at the peak of the pandemic...
Source: Bankrate — The real estate market has been volatile over the past few years. We’ve experienced high buyer demand, persistently low inventory and mortgage rates rising steeply after a period of record lows. In many cases, elevated home prices mean...
Source: Morning Star — Susan Dziubinski: I am Susan Dziubinski with Morningstar. Every Monday morning I sit down with Morningstar chief U.S. market strategist Dave Sekera to discuss one thing that’s on his radar this week, one new piece of Morningstar research,...
There were a total of 30,528 U.S. properties with foreclosure filings in February, that’s down 3% from a month ago and up 18% from a year ago, according to the February 2023 U.S. Foreclosure Market Report from ATTOM. Filings included default notices, scheduled...
An independent panel of 117 economists and housing experts polled in Zillow’s Home Price Expectations (ZHPE) Survey have suggested that relaxing zoning rules is one of the best ways to address the nation’s ongoing housing affordability crisis as it would...
A new report focused on the more than 34% of the population that rents their homes shows that more than half would prefer to live in a detached, single-family home rather than an apartment building. The information, provided by RCLCO Real Estate Consulting, shows that...
Hits and Misses for the Real Estate Week of June 15-19
