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The 10 Best Real Estate Markets for First-Time Homebuyers in 2023
Source: Realtor.com --- The housing market has been brutal for first-time homebuyers. And now, just as prices are finally beginning to slacken and the bidding wars are dying down, higher mortgage interest rates have turned the prospect of homeownership into a...
Average mortgage rate: Everything you need to know
Source: MPA Mag --- Mortgage rates depend on numerous factors, including the broader economic outlook and the individual borrower. Therefore, mortgage rates can fluctuate wildly not only within the same year—but within the same week, as well. In 2022, for example,...
Rocket Mortgage Introduces Purchase Plus, a Special purpose credit program that offers up to $7,500 in lender credits for first-time buyers in underserved communities
Special purpose credit program offers up to $7,500 in lender credits for first-time buyers in underserved communities to eliminate a significant hurdle to homeownership “Homeownership has a significant impact on strong communities and the creation of generational...
European investors hit most by over-allocation to real estate – global survey
Source: IPE Real Assets --- Unlike their North American and Asia-Pacific counterparts, European institutional investors on average plan to decrease their weightings to real estate, having overshot their target allocations. According to the latest annual investment...
Builder Confidence Uptick Signals Turning Point for Housing Lies Ahead
Source: NAHB --- A modest drop in interest rates helped to end a string of 12 straight monthly declines in builder confidence levels, although sentiment remains in bearish territory as builders continue to grapple with elevated construction costs, building material...
US Housing Will Be a Bellwether 2023 Market
Source: MacroHive --- Summary The US housing market is poised for a tough couple of years. A mix of challenging supply/demand dynamics, combined with stretched affordability and deteriorating sentiment, will weigh on the market. Introduction US housing is one of the...
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Former Arizona Shopping Center Site to Become Affordable Housing Complex- Turnbridge Equities Begins Leasing at New Raleigh-Area BTR Community
- Illinois Home Sales Up in June While Chicago Home Sales Decline
- Mortgage Rates Rise for Third Straight Week
- Harvard Forecast Points to Slowing in Remodeling Market
