Source: Yahoo! Life — According to Jeff Greene, who turned a $50 million investment into $500 million in 2008 by purchasing credit default swaps on bonds backed by subprime mortgages as the housing bubble burst, the economy is currently experiencing a new asset...
Source: The Street — Shakespeare had it right when he said, “I’ll give a thousand furlongs of open sea for an acre of barren ground.” U.S. homebuyers know exactly where the Bard of Avon was coming from on the real estate front. In 2022, many buyers were locked...
Source: Los Angeles Times — In October, mortgage interest rates topped 7% for the first time in two decades, the latest milestone reached this year amid a surge in borrowing costs. But potential home buyers may have noticed something different recently: Rates...
Source: Yahoo! News — Mortgage rates dropped for the sixth straight week, but housing activity remained muted going into the holidays. The rate for the average 30-year fixed mortgage slipped to 6.27% from 6.31% the week prior, according to Freddie Mac. Rates...
Source: Newsweek — Housing inventory in the U.S. decreased between October and November this year, underscoring a housing shortage that some experts believe is helping to keep soaring prices from dramatically plummeting. The National Association of Realtors...
Source: Yahoo! News — National Association of Home Builders CEO Jerry Howard joins Yahoo Finance Live to discuss the state of the housing market, home builder sentiment, inflation, Fed interest rate hikes, a housing recession, and the outlook for the housing...
Illinois Home Sales and Inventory Decline While Median Price Rises
