Source: Fortune — The Pandemic Housing Boom unleashed an “investor mania” unlike anything seen in the U.S. housing market since the aughts housing bubble. Average Joes poured into the market in hopes of building Airbnb empires. Institutional investors,...
November 02, 2022 Federal Reserve issues FOMC statement -The Committee decided to raise the target range for the federal funds rate to 3-3/4 to 4 percent.- Press Release Recent indicators point to modest growth in spending and production. Job gains have been robust in...
Source: Yahoo!News — My Southern View Broker Alyssa Hellman joins Yahoo Finance Live to discuss emerging housing markets, homebuyer responses to rising mortgage rates, and the outlook for demand in housing. Video Transcript [AUDIO LOGO] – Rising rates...
Source: ABCNews — The spike in mortgage rates this week continues a monthslong trend that has dramatically escalated the cost of home loans – but the exact price hike may surprise some homebuyers. The 30-year fixed-rate mortgage leapt to 7.08% on...
Source: The Motley Fool — Nobody can know the future, but here are some things I could see happening. The real estate market in the United States has been decidedly unpredictable for the past couple of years. Many investors and industry analysts (myself...
Source: Bloomberg — Remember when New Yorkers began fleeing the city at the beginning of the pandemic, escaping to their summer homes in the Hamptons or snapping up houses in the country? Those who dreamed of living in New York suddenly saw an opportunity to...
Hits and Misses for the Real Estate Week of June 22-26
