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Do You Want to Buy a House in Canada? Not So Fast.
Source: The New York Times --- This summer, after the Supreme Court struck down the landmark 1973 decision in Roe v. Wade, Americans flooded Google and typed in “how to move to Canada” — the search term spiked 850 percent in one hour. “How to become a Canadian...
Housing Data Suggests a ‘Freeze’ in the Real Estate Market
Source: Globest --- Last week’s released housing data reflects a freeze in the real estate market, according to Patrick Carroll, CEO and founder, CARROLL Company. November’s U.S. housing starts data is continuing to decline and signals how 2022’s surge in mortgage...
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Home Affordability Has ‘Collapsed’ in 2022. What To Expect Next, According to BofA
Source: Realtor --- The double whammy of surging mortgage rates and skyrocketing home prices has led to “collapsed” housing affordability in America, according to Chris Flanagan’s team at BofA Global Research. The situation has gotten so bad that it now compares to...
Why the Growing Number of Homes for Sale Is Good for Your Move Up
Source: Keeping Current Matters --- Are you thinking about selling your current home? If so, the biggest question on your mind may be: if I sell now, where will I go? If this resonates with you, there’s something you should know. The number of homes coming onto the...
Housing wealth gains a record $1.2 trillion, but there are signs the market is cooling
Source: CNBC --- Homeowners are in the money, and it just keeps coming. Two years of rapidly rising home prices have pushed the the nation’s collective home equity to new highs. The amount of money mortgage holders could pull out of their homes while still keeping a...
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