Source: Yahoo! News — National Association of Home Builders CEO Jerry Howard joins Yahoo Finance Live to discuss the U.S. housing market, mortgage rates, and homebuilder sentiment. Video Transcript SEANA SMITH: Let’s take a look at the housing market,...
Source: Markets Insider — House prices could plummet 20% in some US cities as soaring mortgage rates scare off buyers, Peter Boockvar has said. Bleakley Advisory’s chief investor endorsed the Dallas Federal Reserve’s grim forecast in a CNBC...
Source: MPA Magazine — Like so many others in the mortgage industry, Lamont Harris Jr (pictured), didn’t always think about working in real estate. In fact, he once harbored ambitions of becoming a professional actor after dropping out of college. “I went to...
Source: NextAdvisor — Mortgage rates have doubled since the start of 2022, slamming the breaks on a superheated housing market. But is 7% as high as they’re going to go? Maybe. “We probably have seen peak mortgage rates unless there is some other major shock to...
Source: The Motley Fool — There’s a reason so many people have struggled to buy a home over the past two years. Since the latter part of 2020, the real estate market has sorely lacked inventory. And while housing supply has picked up to some degree in...
Source: Bankrate — Home prices are up again. Only not as much. The national median price for an existing single-family home price stands at $398,500 — an 8.6 percent year-over-year increase, according to the National Association of Realtors’ (NAR)...
Hits and Misses for the Real Estate Week of June 22-26
