For far too long, housing has been reduced to a prop in America’s political theater. It’s the backdrop for campaign rallies, the bullet point slipped into glossy mailers, the soundbite dropped to score applause. But behind every hollow promise, real families are...
High-profile real estate investor Grant Cardone is proposing a new push for multifamily housing construction as the best solution for addressing the nation’s housing shortage. In a post on X, Cardone pointed to rising costs, labor shortages, and bureaucratic delays in...
Real estate investors mostly stayed away from the housing market during the second quarter, according to new data from Redfin. Between April and June, investors only acquired roughly 52,000 homes, a 6% year-over-year decline and the biggest drop since the fourth...
The 30-year fixed-rate mortgage averaged 6.50% as of Sept. 4, according to the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). This is down from last week when it averaged 6.56%, but it is also up from one year ago when it averaged 6.35%....
The latest Housing Risk Report from ATTOM covering the highest risk markets during the second quarter found that 14 were in California, seven were in Florida, five in New Jersey, and four in Louisiana. ATTOM defined risk by affordability, proportion of seriously...
Mortgage Rates Push Higher to 7.15% as Borrowing Costs Keep Squeezing Buyer…
