Subscribe to Email News Updates
Housing market chills as mortgage rates, prices scare buyers
Source: AP News --- NEW YORK (AP) — Kyle Tomcak was looking for a home for his in-laws in the suburbs around Denver, something priced close to $450,000. Tomcak became dispirited as he lost out to investors fronting cash offers $100,000 over the asking price. Then...
Homebuyer Competition Drops to Lowest Level in Over Two Years
Source: Redfin --- The bidding-war rate dipped below 50% for the first time since the start of the pandemic in June as rising mortgage rates and inflation took a bite out of homebuyer budgets. Nationwide, 49.9% of home offers written by Redfin agents faced competition...
Should You Buy a Home with Inflation This High?
Source: Keeping Current Matters --- While the Federal Reserve is working hard to bring down inflation, the latest data shows the inflation rate is still going up. You no doubt are feeling the pinch on your wallet at the gas pump or the grocery store, but that news may...
First American: Potential home sales in June drops 2.5% monthly
Source: Scotsman Guide --- According to new figures from First American Financial Corp., a seasonally adjusted annualized rate of 5.47 million existing-home sales would represent a “healthy” pace of home sales for June. Potential home sales according to the company’s...
Tips for Decorating Your Rental Apartment for Your Ideal Lifestyle
Often, renting an apartment feels like living in someone else’s space. Someone else chose the paint colors, flooring, countertops, and finishings. And there’s a good chance you would have made some different decisions if you had free reign over the decor. Thankfully,...
Migration Hotspots Have the Highest Inflation Rates
Source: Redfin --- Phoenix, Atlanta, Tampa and Miami, all Sun Belt metros popular with relocating homebuyers, have the highest inflation rates in the country. Housing prices make up a big portion of the rising costs in those places. The most popular destinations for...
Recent Posts
FHFA’s Pulte to Relinquish Intelligence Chief Role on Aug. 3- Hits and Misses for the Real Estate Week of July 27-31
- The World’s First Motel (or What’s Left of It) is Listed for Sa…
- CMBS Delinquency Rate Soars by 51 Basis Points to 7.86%
- Senate Democrats Question Why FHFA’s Pulte is Still Working as Intell…
