Current News & Events
HUD Secretary Turner Tells Senate Democrats to ‘Stop the Political Games’ and Reopen the Government
Turner added the American people were “depending on us.” Continue Reading HUD Secretary Turner Tells Senate Democrats to ‘Stop the Political Games’ and Reopen the Government
Advanced Real Estate Pays $41 Million for 138-Unit Southern California Apartment Community
This is the first purchase for Advanced’s new Opportunity Fund (Advanced Fund 24-3). Continue Reading Advanced Real Estate Pays $41 Million for 138-Unit Southern California Apartment Community
‘Signs of a tipping point.’ Homebuyers now have about 20% more homes to choose from compared to a year ago, as home prices increasingly get cut
Source: Marketwatch --- “Signs of a tipping point toward a greater balance between buyers and sellers are increasing,” wrote CoreLogic Deputy Chief Economist Selma Hepp in a statement in June. It was a quote that caught our eye, as we’ve heard from plenty of aspiring...
The housing market, at last, appears to be cooling off
Source: Washington Post --- After a stunning rise in home prices enriched sellers and keyed up buyers into frantic bidding wars, there are signs that the U.S. housing market is starting to cool amid a surge of new inventory and higher interest rates. “For sale” signs...
What’s Up With the Crazy Housing Market?
Source: NY Times --- After a two-year boom, the United States housing market finds itself at a pivotal moment — but pivoting to what, exactly? This spring should have been a busy time for home sellers. Instead, the season was a dud, stalled by a dramatic spike in...
6 of the 10 housing markets in America most vulnerable to a downturn are in this state
Source: Marketwatch --- Six of the 10 counties most vulnerable to a downturn are in New Jersey, according to a Special Housing Risk Report — which looked at the highest concentrations of the most at-risk markets in the first quarter of 2022 — released by ATTOM, a real...
The housing market, at last, appears to be cooling off
Source: The Washington Post --- After a stunning rise in home prices enriched sellers and keyed upbuyers into frantic bidding wars, there are signs that the U.S. housing market is starting to cool amid a surge of new inventory and higher interest rates. “For sale”...
6 of the 10 housing markets in America most vulnerable to a downturn are in this state
Source: MarketWatch --- Six of the 10 counties most vulnerable to a downturn are in New Jersey, according to a Special Housing Risk Report — which looked at the highest concentrations of the most at-risk markets in the first quarter of 2022 — released by ATTOM, a real...
Rising mortgage rates are hitting Americans’ wallets. Here’s how to adjust your housing budget
Source: CNBC --- Homebuyers are feeling the squeeze of rising mortgage rates. On top of that, housing prices remain high. That may lead many to rethink their budget. “As mortgage rates go up, it raises the cost of buying a home with a mortgage,” explained Danielle...
The big risks in buying a house sight unseen
Source: CNBC --- In many areas of the country, homes continue to sell even as rising mortgage rates, high prices and recessionary concerns filter through economy. During the recent real estate boom, the urgency many would-be buyers have felt to act means making an...
What Does an Economic Slowdown Mean for the Housing Market?
Source: Keeping Current Matters --- According to a recent survey, more and more Americans are concerned about a possible recession. Those concerns were validated when the Federal Reserve met and confirmed they were strongly committed to bringing down inflation. And,...
How to get a USDA loan
Source: Bankrate --- Backed by the U.S. Department of Agriculture, USDA home loans are available to borrowers in certain rural areas. If you’re in an eligible area, you could qualify for this special no-down payment mortgage, provided your income falls within the...
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