U.S. Housing Market
Mortgage Rates Continue to Fall
“As rates continue to drop, the number of homeowners who have the opportunity to refinance is expanding,” said Sam Khater, Freddie Mac’s chief economist. Continue Reading Mortgage Rates Continue to Fall
California Leads Nation with Most Q2 At-Risk Housing Markets
In 19% (111) of the 579 counties with sufficient data to analyze, residents needed to spend at least half of their annualized wages to purchase and maintain a home in the second quarter. Continue Reading California Leads Nation with Most Q2 At-Risk Housing Markets
A Phil Hall Op-Ed: Will Congress Approve Trump’s 44% Cut to HUD’s Budget?
Will GOP members of Congress withstand pressure from multiple fronts opposed to the president’s agenda? Continue Reading A Phil Hall Op-Ed: Will Congress Approve Trump’s 44% Cut to HUD’s Budget?
Compass Creates Private Exclusive Listings Book
Agents from all brokerages can visit any Compass office to individually browse Private Exclusives listings on a one-to-one basis. Continue Reading Compass Creates Private Exclusive Listings Book
Can Home Staging Speed Up Sales and Boost the Transaction Price?
Most buyers’ agents (83%) said staging a home made it easier for the buyer to envision the property as their future home. Continue Reading Can Home Staging Speed Up Sales and Boost the Transaction Price?
In Fast-Growing Georgia, These Areas Are Leading the Housing Price Surge
Source: NewsBreak --- Georgia residents are more than familiar with population growth. It's been happening around them for decades, after all. The nation's 12th-fastest growing state in 2022, Georgia has seen a nearly 14% population increase since 2010. While the...
More San Francisco homes selling below asking price. Could that trend come to L.A.?
Source: Los Angeles Times --- The San Francisco Bay Area has developed a famous (or infamous) reputation over the years for its housing prices, driven in part by the tech industry’s mammoth presence in the region, with cash-flush workers who could parlay stocks into...
Bay Area Could See More Affordable Housing – If the Public Funds it
A new study suggests that the Bay Area could see nearly 33,000 new affordable housing units in the near future. The research, conducted by Enterprise Community Partners and the Bay Area Housing Finance Authority, found that 395 affordable housing developments are...
It’s time to chill with all the recession talk
Source: CNN Business --- New YorkCNN — In 2021, a bunch of economists and policy makers underestimated the inflation that was taking root around the world. In 2022, as inflation hit 40-year-highs and the Fed ramped up interest rates, many of those commentators went...
Why Today’s Housing Market Isn’t Headed for a Crash
Source: Keeping Current Matters --- 67% of Americans say a housing market crash is imminent in the next three years. With all the talk in the media lately about shifts in the housing market, it makes sense why so many people feel this way. But there’s good news....
Redfin: Rent Prices See Smallest Increase in 20 Months
Increasing supply and waning demand are putting downward pressure on rental prices, according to a new report from Redfin. The median U.S. asking rent rose 2.4% year over year to $1,942 in January, the smallest increase since May 2021 and the lowest level in nearly a...
Title Company Recognized for Uncovering Real Estate Fraud
Kevin Tacher, CEO of Independence Title, was recognized by former Broward County Mayor Michael Udine and Broward County Property Appraiser Marty Kair at a recent Parkland Chamber of Commerce meeting for his outstanding work in uncovering major real estate fraud...
Hopes are High for a Spring Rebound in Mid-Atlantic Housing Market
Homeowners may be coming to terms with 6% mortgage interest rates, which could point to a better spring home buying season, at least in the Mid-Atlantic region. That’s according to the January Housing Market Report released by Bright MLS today. “After record...
Mortgage rates tick up after weeks of decline
Source: Fox Business --- The average long-term U.S. mortgage rate began to rise after four weeks of contraction, a possible sign of stability that could draw in home shoppers with spring buying season weeks away. The big rise in mortgage rates during the past year has...
Spring homebuying and selling season is here. Are you ready?
Source: CNN Business --- Super Bowl weekend is the unofficial kick-off to the peak spring home buying and selling season, according to many real estate agents. Are you ready? If you’re feeling unsure and confused, you’re not alone. The US housing market is giving off...
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