Source: The Ascent — It’s been a really tough go for prospective home buyers since mid-2020. For the past two years and change, the real estate market has sorely lacked inventory. That’s driven home prices upward and forced buyers into countless...
Source: The Ascent — It’s been a wild couple of years for the housing market, from price increases due to a lack of housing supply and skyrocketing demand, to this year’s mortgage rate spike. New data from the Dallas Fed suggests that we could be...
Source: KCRA News — WASHINGTON — The Federal Reserve hiked its benchmark lending rate this week for the seventh time this year, capping a year of intense pressure on the housing market that pushed mortgage rates above 7% for the first time since 2002. But now...
Source: Yahoo Finance — In this piece, we will take a look at the 15 countries with the highest inflation rates. For more countries, head on over to 5 Countries With Highest Interest Rates. The Federal Reserve launched a spree of rate hikes in 2022 amid record...
Source: Yahoo! — Mortgage rates continued to weaken for the fifth week in a row, after the Fed announced its seventh rate hike of the year. Sam Khater, Freddie Mac’s chief economist, points to “softer inflation data and a modest shift in the Federal Reserve’s...
Source: Yahoo! Money — While many forecasts point to home prices declining next year amid slowing home sales, housing will remain unaffordable for many homebuyers, according to one expert. “We have a supply problem with housing,” Marc Norman,...
Illinois Home Sales and Inventory Decline While Median Price Rises
