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Who’s Buying All the Houses? New Survey Reveals the Top Competition Right Now
Source: Realtor --- Just about everyone knows the housing market is blisteringly hot right now. One look on Realtor.com® will confirm there aren’t many homes for sale—and what is on the market has a supersized price attached to it. However, even in such a challenging...
Where Do Homeowners Stay in Their Homes the Longest?
Source: Housing Wire --- With about half the number of homes available on the market as there were two years ago, many frustrated buyers are wondering when more owners will be ready to sell. A new study by Redfin shows that it may be starting to happen — although...
An economic shock just hit the housing market
Source: Fortune --- When the pandemic struck two years ago, the Federal Reserve used nearly every lever at its disposal to combat the COVID-19 recession. That included cutting its benchmark interest rate to zero. Lower interest rates incentivized businesses to invest...
7 Secrets No One Tells You That’ll Help You Buy a House Right Now
Source: Realtor --- Once upon a time, wannabe homebuyers could leisurely peruse a variety of properties in their price range, mull over their choices, put in an offer, and presume they’ll be moving in soon enough. But how things have changed! In today’s hot seller’s...
Mortgage Goals: Which One Is Right for You?
Source: Realtor --- You finally bought the perfect midcentury modern home with a backyard spacious enough for entertaining your family and friends. And you even scored an outstanding mortgage loan with a fantastic 30-year fixed rate. Well done! So you can sit back and...
How to avoid real estate scams
Source: The Washington Post --- Real estate transactions require moving large sums of money from buyers to sellers, a process that unfortunately entices scammers. According to the National Association of Realtors and FBI data, more than 13,500 people were victims of...
What the Fed’s March rate hike means for homebuyers and sellers
Source: Bankrate --- In an effort to rein in raging inflation, the Federal Reserve boosted interest rates in mid-March. The move had been anticipated by the mortgage market — mortgage rates rose to 4.4 percent in a recent Bankrate survey of lenders, which was...
How the pandemic housing market spurred buyer’s remorse across America
Source: Montana Public Radio --- Low interest rates, high rents and working from home combined to push many young Americans to buy their first home over the last two years. But this version of the Great American Dream is not without its challenges, as Lauren Morgan...
The housing market enters uncharted waters
Source: Fortune --- Fed Chair Jerome Powell is done sitting idly on the sideline as inflation burns away Americans’ purchasing power. The plan? Draw upon the central bank's decades-old inflation playbook by increasing rates until demand pulls back and price growth...
When Your Second Home Is the First One You Buy
Source: The New York Times --- Lillie Walsh Dudley and Andy Dudley wanted to be homeowners. The couple, who have a 5-year-old son, had been renting in South Slope since 2014. They began looking for something to buy about three years ago. “Even though we’re not rolling...
Recent Posts
HUD Updates 14 FHA Policies in Move to Improve Affordability- New Study: More Americans Favor Homebuying Over Renting for the First Time …
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- Investor Activity in Home Purchasing Holds Steady
