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US home prices are heading for a further drop this year even though mortgages are getting cheaper, a housing market expert says

US home prices are heading for a further drop this year even though mortgages are getting cheaper, a housing market expert says

by Third Party | Feb 14, 2023 | Real Estate News, U.S. Housing Market

Source: Business Insider —  US house prices are set to fall further this year as the Federal Reserve pushes ahead with interest-rate increases, according to real-estate veteran and board member of the Mortgage Bankers Association Jeff Taylor. “I anticipate...
Map: Here’s where home prices are dropping the most

Map: Here’s where home prices are dropping the most

by Third Party | Feb 14, 2023 | News/Current Events, U.S. Housing Market

Source: Yahoo! News —  Homebuyers are finally gaining leverage in the housing market, but where they can get the best discounts on home prices varies from metro to metro. Some of the most popular pandemic boomtowns such as Phoenix and Seattle, plus perennially...
Austin realtors push back on Central Texas real estate market ‘bust’

Austin realtors push back on Central Texas real estate market ‘bust’

by Third Party | Feb 14, 2023 | Real Estate News, U.S. Housing Market

Source: MySA —  Those with vested interests in the Austin housing market have swapped emotional places over the last six months. Sellers and landlords, once jumping for joy at the leverage with which they could insist on all-cash offers right now, and, by the...
Here’s what’s happening with home prices as mortgage rates fall

Here’s what’s happening with home prices as mortgage rates fall

by Third Party | Feb 13, 2023 | Real Estate News, U.S. Housing Market

Source: CNBC —  The U.S. housing market cooled off pretty dramatically last year, after mortgage rates more than doubled from historic lows. Home prices, however, have been stickier. Prices began falling last June, but are still higher than they were a year ago....
Home prices are down — but not enough to ease affordability

Home prices are down — but not enough to ease affordability

by Third Party | Feb 13, 2023 | Real Estate News, U.S. Housing Market

Source: Bankrate —  Home prices are still high. But they’re not rising quite as much. Nearly 90 percent of the country’s metro areas saw single-family home prices rise in the fourth quarter of 2022, according to the newly released Metropolitan Median Home Prices...
Single Renters pay a ‘singles tax’ of nearly $7,000 for living alone

Single Renters pay a ‘singles tax’ of nearly $7,000 for living alone

by Leora Ruzin | Feb 13, 2023 | Mortgage Information, News/Current Events, Real Estate Agent Tools, Real Estate News, U.S. Housing Market

Zillow has uncovered a heartbreaking truth for apartment-hunting singles: Renters living in a one-bedroom on their own face a yearly “singles tax” of nearly $7,000, according to an analysis by Zillow.   While singles across the country pay a high...
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