There is a severe housing shortage as a result of record-high home prices and rents in addition to record-low for-sale inventories and vacancies, according to a new analysis from the… Read more »
The Federal Reserve announced Wednesday it will leave interest rates unchanged, setting the stage for rate cuts to come and paving the way for relief from the combination of higher… Read more »
A new iteration of ATTOM Data’s year-end U.S. Home Sales Report, which showed that home sellers collected a tidy average of $121,000 of profit on the typical home sale—putting that… Read more »
Home flipping has been all the rage for a number of years now, especially during the time of ultra-low interest rates and that was proven by the number of reality… Read more »
Most economists forecast mortgage rates to decline in 2024, stoking optimism about the housing market. According to the newest Bloomberg Markets Live Pulse Survey (MLIV Pulse), the rate on the… Read more »
Senator Elizabeth Warren, a Democrat from Massachusetts, left, speaks with Jerome Powell, chairman of the U.S. Federal Reserve, during a Senate Banking, Housing and Urban Affairs Committee hearing in Washington,… Read more »
Housing demand is up and it’s time to track the spring housing data and see what the selling season will bring. As I always stress, we are working from the… Read more »
If you live in the West, Midwest, or the South, you probably saw pending home sales noticeably climb month-over-month, but if you live in the Northeast, pending home sales declined… Read more »
A Hamptons estate that once listed for $150 million before falling into bankruptcy was sold at auction Wednesday for $88.5 million. The four-acre estate in Southampton, New York, known as… Read more »
Americans are purchasing multi-family properties and co-owning homes with friends and/or family, and prospective homebuyers are willing to adjust their homebuying strategies to become homeowners in 2024. This is according… Read more »