U.S. Housing Market
A Phil Hall Op-Ed: The Growing Revolt Against Property Taxes
Homeowner anger at rising property taxes could dominate the 2026 state-level elections. Continue Reading A Phil Hall Op-Ed: The Growing Revolt Against Property Taxes
Robinhood Teams with Sage Home Loans on New Mortgage Offer
The new offer was first piloted during the summer to a small group of Robinhood Gold subscribers. Continue Reading Robinhood Teams with Sage Home Loans on New Mortgage Offer
Report: Fewer Home Purchase Loans During Q1
ATTOM found the total dollar value of loans was down by 18% to $478 billion. Continue Reading Report: Fewer Home Purchase Loans During Q1
Reynolds Asset Management Acquires 2 Cleveland Multifamily Communities for $30.6 Million
Park Lamont and The Lumos were completed in 2024. Continue Reading Reynolds Asset Management Acquires 2 Cleveland Multifamily Communities for $30.6 Million
Elevate Community, a Missouri Tiny Home Development, Receives First Residences
The new development recently marked the arrival of the first six tiny homes and more than $5 million in public and private funding to start construction. Continue Reading Elevate Community, a Missouri Tiny Home Development, Receives First Residences
The Fed approves three-quarter-point rate hike
November 02, 2022 Federal Reserve issues FOMC statement -The Committee decided to raise the target range for the federal funds rate to 3-3/4 to 4 percent.- Press Release Recent indicators point to modest growth in spending and production. Job gains have been robust in...
Real estate consumers ‘got pretty spoiled’ from relatively low mortgage rates: Broker
Source: Yahoo!News --- My Southern View Broker Alyssa Hellman joins Yahoo Finance Live to discuss emerging housing markets, homebuyer responses to rising mortgage rates, and the outlook for demand in housing. Video Transcript [AUDIO LOGO] - Rising rates have led to...
Mortgage rates are at a 20-year high. Here’s what that means for monthly payments.
Source: ABCNews --- The spike in mortgage rates this week continues a monthslong trend that has dramatically escalated the cost of home loans - but the exact price hike may surprise some homebuyers. The 30-year fixed-rate mortgage leapt to 7.08% on Thursday, reaching...
3 Real Estate Market Predictions for the Rest of 2022
Source: The Motley Fool --- Nobody can know the future, but here are some things I could see happening. The real estate market in the United States has been decidedly unpredictable for the past couple of years. Many investors and industry analysts (myself included)...
To Buy or Rent, That Is Too Big a Question
Source: Bloomberg --- Remember when New Yorkers began fleeing the city at the beginning of the pandemic, escaping to their summer homes in the Hamptons or snapping up houses in the country? Those who dreamed of living in New York suddenly saw an opportunity to make it...
The Hottest Housing Market In America
Source: 24/7 Wall St. --- There is a real concern that the extremely hot housing market has started to collapse, especially in markets where prices have surged at record paces. One of the threats is due to mortgage rates that have risen from 3% a year ago to 7%...
What the midterm elections mean for the housing market — and one ‘politically contentious’ issue that splits Democrats and Republicans
Source: Market Watch --- The midterm U.S. elections are coming. And elections have consequences for the housing market, according to a new report from investment bank Cowen. The report by Cowen’s Jaret Seiberg noted that the Nov. 8 elections will determine which party...
The US housing market’s stagnation has gotten even worse
Source: Quartz--- The meteoric rise of mortgage rates has zipped past another milestone this year. For the first time since April 2002, the 30-year fixed-rate mortgage (FRM) topped 7% this week, according to data from Federal Home Loan Mortgage Corporation (Freddie...
Where do the wealthy invest? Luxury real estate is the safest investment one can make, says new Coldwell Banker Global Luxury report
Source: PR Newswire --- MADISON, N.J., Oct. 24, 2022 /PRNewswire/ -- A recent report indicates that real estate remains in a strong position for the remainder of 2022 and heading into 2023 as more affluent consumers are turning to real estate to diversify their...
Moody’s: Home prices to crash 20% in Nashville—here’s the revised forecast for the nation’s 322 largest housing markets
Source: Fortune --- The housing market downturn continues to pick up steam. This week, we learned that slumped home construction subtracted 1.37 percentage points from U.S. GDP in the third quarter. That’s the biggest housing contraction since 2007. Meanwhile,...
