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‘A ray of hope’: As mortgage rates fall for a fourth week, experts say homes may soon become affordable again — even if volatility is here to stay
Source: Yahoo! --- Mortgage rates are continuing their downward trend as investors keep a lookout for more signs of cooling inflation. “This week, labor cost data provided a ray of hope as it showed that hourly compensation was lower than previously reported in the...
As U.S. home prices fall, an alarming number of buyers are underwater
Source: CBS News --- Surging mortgage rates aren't just raising the cost of purchasing a new home. An alarming number of recent homebuyers have discovered they already owe more on their property than it's worth, according to a new analysis. Some 250,000 people who...
More Builders are Cutting Prices and Offering Incentives – But Not at 2008 Levels
Source: NAHB --- As the housing market has slowed rapidly over the past several months, builders have increasingly been reducing prices and offering special sales incentives – but nowhere near the same rate as during the 2007-2008 Great Recession when the housing...
Best Mortgage Lenders For First-Time Homebuyers
Source: Next Advisor --- Buying a house for the first time can put a strain on your budget. Fortunately, first-time homebuyer programs can ease the pressure by offering some form of financial assistance. Considering how much home prices have increased in the past few...
Learn How Tirios Is Using Blockchain To Help Millennials Overcome Real Estate Investment Barriers
Source: Yahoo! Finance --- Austin, TX, Dec. 09, 2022 (GLOBE NEWSWIRE) -- Tirios, a revolutionary real estate platform, is transforming the industry by integrating cutting-edge technology to assist millennials in overcoming long-established financial barriers and other...
‘The coldest winter’; Rising interest rates cool off Bay Area real estate market
Source: CBS News --- SAN MATEO -- The pendulum is shifting in what many have described as a 'roller coaster' real estate market. Sellers are no longer in the driver's seat, and buyers have the edge. But that doesn't mean the market is favorable for buyers right now,...
