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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...
How Your Equity Can Grow over Time
Source: Keeping Current Matters --- It’s true that record levels of home price appreciation have spurred significant equity gains for homeowners over the past few years. As Diana Olick, Real Estate Correspondent at CNBC, says: “The stunning jump in home values over...
Too Greedy, Lazy, Envious: The 7 Deadly Sins of Home Selling Today
Source: Realtor --- Home sellers have been in heaven these past couple of years, awash in bidding wars that have pushed property prices sky-high. But at long last, the tables are starting to turn. In short, rising interest rates, rampant inflation, and the threat...
6 things you should know about the housing market right now
Source: Deseret News --- Are mortgage rates going to keep going up? Are home prices going to keep climbing — or are they going to go down soon? For anyone deciding whether to buy a home or not in today’s hectic housing market, these questions are top of mind. Here are...
Market Dislocation May Uncover Silver Lining For Commercial Real Estate Lending
Source: Forbes --- The global economy, commercial real estate included, has forced some lenders and investors to sit on the sidelines. Changing interest rates, inflation and recent shifts have resulted in investors losing deals and having to push the pause button. The...
Real estate market weathering ‘perfect storm’ for family homes: Carroll CEO
Source: Fox Business --- While the 30-year fixed mortgage rate might be slowing for the first time in a month, one real estate investor warns the market is still brewing a "perfect storm" for consumers – but especially single and multifamily homebuyers. "We are seeing...
