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Survey Indicates Women Investors Prefer Real Estate More Than Men
On International Women’s Day, UBS global wealth management’s chief investment office published a thematic report on women and legacy, focusing on how women investors define legacy, their concerns, how they can best allocate their resources, and how important it is to...
Annual Home Price Growth Continues to Slow Nationwide
CoreLogic, a global property information, analytics, and data-enabled solutions provider, released the CoreLogic Home Price Index (HPI) and HPI Forecast for January 2023. U.S. home prices continued their gradual free fall in January, with the 5.5% annual gain down for...
Homebuyers again retreat to the sidelines as higher rates crimp affordability
Source: USA Today --- Homebuyers started the year on a positive note when declining mortgage rates signaled increasing affordability. Mortgage applications rose 28% in one week in the middle of January as rates dipped to 6.2%. But that frenzy of activity was...
Housing Market Momentum Stalls as Critical Spring Season Approaches
Source: Mansion Global --- Rising mortgage rates are cooling the U.S. housing market, sapping recent buyer interest heading into the crucial spring selling season. Economists, home builders and real-estate agents saw evidence of a thaw in early 2023, when rates...
Millionaires row no more: Number of houses that cost seven figures nationwide is dropping
Source: USA Today --- As mortgage rates continue their upward march, the share of U.S. homes worth seven figures is dropping. In another indication of the cooling housing market, homes that would have been worth $1 million or more at the peak of the pandemic...
What salary is needed to buy a home in these popular U.S. cities?
Source: Bankrate --- The real estate market has been volatile over the past few years. We’ve experienced high buyer demand, persistently low inventory and mortgage rates rising steeply after a period of record lows. In many cases, elevated home prices mean housing is...
