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Adjustable-rate mortgage demand surges to 14-year high, as homebuyers try to afford this pricey spring market
Source: CNBC --- It could be more listings on the market, or perhaps just fear that interest rates will move even higher, but homebuyers are showing more demand for mortgages. They are, however, turning even more to adjustable-rate mortgages (ARMs), which offer lower...
Real estate expert on ‘strong’ apartment rental demand as housing affordability poses nationwide challenges
Source: Fox Business --- HESSAM NADJI: Well, the rapid rise in interest rates is causing a lot of concern, especially in the housing market. Affordability is already a challenge. Nationwide, prices for homes are up 36% since the pandemic began. So since the end of...
Something big is happening in the housing market
Source: Fortune --- The most competitive housing market ever is finally showing signs of breaking. As data trickles in for April, it's becoming clear that the historically hot housing market has flipped trajectories. It's now in cooling mode. The number of homes...
I Downsized from a House to an Apartment. Here Are 4 Things I Wish I Knew Before Packing
Source: Apartment Therapy --- That old high school football jersey two sizes too small to fit? Tossed it. That R&B CD collection collecting dust on the bookcase? Farewell. One of the hardest things about moving from a house to an apartment is having to part...
Will Home Prices Fall This Year? Here’s What Experts Say.
Source: Keeping Current Matters --- Many people are wondering: will home prices fall this year? Whether you’re a potential homebuyer, seller, or both, the answer to this question matters for you. Let’s break down what’s happening with home prices, where experts say...
Here’s How L.A. Homeowners Can Get Free Solar Panels
Source: Apartment Therapy --- For many homeowners, the idea of solar panels is super appealing — it’s a green energy alternative that potentially cuts out a monthly electric bill. But the cost of installation and maintenance is usually what prevents homeowners from...
