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The Housing Market Warms Up, but This Twist Could Plunge It Back Into a Freeze
Is the housing market back? A surge in mortgage interest rates last year ground the real estate market to an abrupt halt, as scores of would-be buyers could no longer afford to purchase homes. But last month, as mortgage rates dipped and home prices fell from their...
A Tale of 2 Housing Markets: Why Some Homes Still Cause Heated Bidding Wars While Others Sit Unsold
Homebuyers who are closely watching the correction in the real estate market might believe now is a good time to pounce. After all, homes are sitting on the market for longer, those maddening bidding wars have dried up, and wild offers over the asking price are things...
Mortgage Rate Drop Creates a Homebuying Window, but How Long Will It Last?
Mortgage rates have dropped yet again—could this spell an opportunity for homebuyers? The average interest rate for a 30-year fixed-rate home loan fell to 6.09% for the week ending Feb. 2, according to Freddie Mac. That’s down nearly a full percentage point from...
2023’s Housing Market Is Looking Up: 3 Things That Should Give Homebuyers Real Hope
After suffering all-time lows during the COVID-19 pandemic, the supply of homes for sale has rebounded with a bang. January marked a whopping 65% more real estate listings than this same month a year earlier, according to a recent inventory report from Realtor.com®....
It’s a Groove Thing: Miami Condo From the Days of Disco Available for $529K
is it possible that a condo with original 1970s decor could be considered move-in ready? It is for one eye-popping pad in Miami with a $529,999 price tag. The home is filled with disco-era design and is ready for its next owner—who may very well want to preserve the...
Here Are 9 Cities Where Rent Prices Are Finally Falling. Will Others Follow?
the rental market appears to have hit an inflection point—and not a moment too soon for many Americans who have been squeezed tight by record-setting price increases over the past few years. Finally, the steady drumbeat of steep and often untenable increases in leases...
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