Subscribe to Email News Updates
A controversial fix for America’s housing market: more foreclosures
Source: Insider --- How many people should lose their homes to foreclosure? In an ideal world, of course, there would be no foreclosures at all. Everyone who buys a home would get one that fits their income and needs, and people would have enough money to make their...
US home buyers in high-cost areas could soon get $1m mortgages with just a 3 percent deposit after caps for federally-backed loans raised – most Americans in less expensive areas eligible for up to $726,000
Source: Daily Mail --- More Americans will be able to obtain a $1 million mortgage than ever before, thanks to action recently taken by government agencies. The Federal Housing Finance Agency announced this week that the cap for home loans backed by Fannie Mae and...
Home prices continue decelerating across country, per new report
Source: Bankrate --- Could housing prices finally be coming back down to earth? Home-price growth continued to decelerate for the sixth straight month in September 2022. S&P CoreLogic’s latest Case-Shiller U.S. National Home Price NSA Index, released November 29,...
Housing market has ‘further to fall’ as buyers walk away and sellers scramble for profit
Source: USA Today --- There's a reason sellers have had such a huge advantage over buyers over the past few years. The real estate market has lacked inventory in a very big way. Meanwhile, the supply of available homes began to dwindle at a time when mortgage...
‘Flatlined’ — or not? 5 economists and real estate pros on what will happen to the housing market next
Source: Market Watch --- The housing market is in flux. Home prices nationwide increased year-over-year by 11.4% in September 2022, according to CoreLogic. But on a month-over-month basis, home prices actually declined, dropping 0.5% from August to September of this...
Is Real Estate a Better Investment Than the Stock Market?
Source: A Wealth of Common Sense --- A reader asks: We own a cash-flowing rental property with a sub-3% mortgage with 28 years remaining. On the Aug 18th episode of Portfolio Rescue, Barry said “Real estate more or less returns zero net of inflation.” However, does...
