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Homebuilder sentiment drops for fourth straight month, as rising rates push housing to ‘an inflection point’
Source: CNBC --- Sharply rising mortgage rates are taking their toll on the nation’s homebuilders, as already pricey new construction becomes even less affordable. Builder confidence in the market for new single-family homes fell 2 points to 77 in April, according to...
How To Buy A House With Little Or No Money Down
Source: Forbes --- For many homebuyers, saving up for a down payment can seem like a massive roadblock, especially with home prices skyrocketing. But there are mortgage options designed specifically for those who can’t save the standard 20% down of the loan amount—or...
4 predictions for the housing market in 2022, from economists and real estate pros
Source: Market Watch --- We asked home and mortgage experts and economists what they predict will happen in the housing market this spring and further into 2022. Here’s what they told us. (You can find the lowest mortgage rates you might qualify for here.) Prediction...
5 Pro Tips for Movers From a Realtor Who Has Helped Countless Families Make Their Next Move
Source: Realtor --- With an average of nearly one dozen moves during life, most Americans have a fair amount of experience packing up and settling in again. Now, imagine how many moving-related tips and tricks a Realtor® learns while watching clients move every week:...
No Easy Answers for Foreign Real Estate Owners in Russia
Source: Propmodo --- Russia became an instant global pariah when it invaded Ukraine on February 24th. As more bloodshed and war crimes have come to light, the country has become further isolated from the international community. Western companies have hurried to...
Homebuying Frenzy Continues Despite Obstacles
Source: Banker & Tradesman --- Wits’ End would make an appropriate name for a new subdivision in today’s wild housing market. While there’s not yet such a place on the map, many would-be buyers are quickly running out of patience. Their frustration is not...
See what real estate is for sale in the cheapest and most expensive housing markets in America
Source: Fortune --- To say that the U.S. housing market has been red hot over the past two years is an understatement. And this year, housing prices are expected to stay high. The median home value is expected to jump from $355,000 to $384,000 in 2021, according to...
Housing Market: Rising mortgage rates won’t lower home prices, as housing crisis looms
Source: Finger Lakes 1 --- Higher mortgage rates and a red hot housing market have brought challenges to residents in parts of the United States, but have done little to cool the market. For the first time since 2011 mortgage rates in the U.S. hit 5%. According to...
Real Estate Matters: Tenant forced to move after new property owner raises rent
Source: Herald Tribune --- Q: I was renting a townhome when my landlord sold the property. I was paying $1,200 per month as a single parent with one kid. The new owner told me that the Realtor said he could charge me more money for rent. So, he raised the rent on me...
Housing Market Update: Demand Slips, Pushing More Sellers to Drop Asking Prices
Source: Redfin --- Early-stage homebuying demand continues to falter this spring as new listings fell 7% from a year earlier, the average 30-year fixed mortgage rate shot up to 5% and the median asking price climbed to $397,747, sending the typical homebuyer’s monthly...
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