Source: Money — Hope for relief from rapidly rising mortgage rates was revived this week when October inflation numbers came in lower than expected. Consumer prices continued to increase last month but at a slower pace than at any other point this year. The...
Source: CNN Business — There is no sugarcoating it: This is a terrible time to buy a home. Mortgage rates for a 30-year fixed rate loan are now hovering above 7%, more than 4 percentage points higher than a year ago. That has slashed a typical buyer’s...
Source: Vail Daily — Media headlines are generating uncertainty around the local and national housing market, and lower inventory coupled with higher inflation and interest rates have created a pause in the residential real estate market. Depending on whom you...
Source: The Daily Yonder — Lance George is the Housing Assistance Council’s director of research and information, an arm of that nonprofit which seeks to generate and improve access to reliable data about rural housing trends nationwide. Since 2020, a lot of...
Source: The Hill — One housing affordability measure made it on a statewide ballot in this year’s midterm elections amid a nationwide housing crisis that has left the U.S. short at least a million homes — and it is projected to pass narrowly. But a new report...
Source: Terry Savage — Americans may be excused for wondering where this recession talk is coming from. Economic growth (GDP) turned nicely positive in the third quarter. The stock market has rallied, regaining some, though not all of this year’s losses, on...
Hits and Misses for the Real Estate Week of June 22-26
