Source: Local News 8 — Fewer people are taking out mortgages as interest rates increase Americans are taking out fewer mortgage loans as interest rates increase, a reflection of buyer uncertainty amid rising inflation, higher interest rates, and concerns about...
Source: CNBC — Chicago realtor Jeremy Fisher headed to Florida after Christmas counting on five mostly-relaxed weeks, after a slow second half of 2022 left him with a bunch of unsold listings exiting the year. Instead, the Compass broker ended up flying back to...
Source: Wolf Street — Mortgage balances ballooned because home prices ballooned in recent years, requiring more debt to finance the same home, and so mortgage balances in Q4 rose 2.2%, or by $253 billion, from the prior quarter, and by 9%, or by $1 trillion,...
Source: CNBC — Chicago realtor Jeremy Fisher headed to Florida after Christmas counting on five mostly-relaxed weeks, after a slow second half of 2022 left him with a bunch of unsold listings exiting the year. Instead, the Compass broker ended up flying back to...
Source: CoStar — Newmark executives said they expect property sales and financing placements to decline further in the first half of 2023 after a slow end to last year. The New York-based firm, the second major brokerage to post quarterly financial results this...
Source: Fort Worth Report — Price increases abating? Home inventory up? It all sounds good to many Fort Worth area Realtors, who are ready for a more stable housing market. ““We just finished going through a crazy 18 months or so where we had less than three...
New York State Housing Inventory Records 15th Straight Month of Annual Grow…
