More than 70% of all homebuyers report that they felt pressure to lock in the mortgage rates, which could lead to a rise in buyers' remorse.
Most homes that sold for more than $2 million are located in California, in the Bay Area. Let’s take a look at the 6 most expensive homes sold in 2021.
There is hope for a market slow-down. According to some reports, there are more condos and townhouses - more affordable homes for first-time buyers.
It seems like high rates demotivated some homebuyers, while inflation priced some new sellers out of homeowning. Is this a sign of a market cool-off?
Rents are skyrocketing along with other living costs. It is expected that the median rent will climb to $2,000 by the end of summer.
Reports show a drop in the demand for vacation homes since the Fed increased the interest rates. Will this drop spread throughout the market?
Homebuyers need to save twice as much money for a down payment, as they did in 2020. Read this article to find out why and for how much down payments rose.
A recent Gallup poll shows that 70% of Americans think it is a bad time to buy a home. This is a record number that signifies an overvalued housing market.
Asking prices may be dropping, but aspiring homeowners have a hard time finding affordable homes. High rates are making homeownership impossible for many.
Domestic migration contributes to the rising inflation in the Sun Belt states, which makes homes there no longer affordable. Which US cities are affordable?
Real estate analyses show that US metro areas have overvalued home prices by at least 25%. Will the value drop in the next 12 months?
Do homebuyers still feel optimistic about the housing market despite a significant increase in closing fees? Find out in this article what the figures show.
Are there going to be more affordable housing for low income families? Find out what is affecting the production of housing inventory.
The Emergency Rental Assistance program is still active, and you might still qualify under the president's new budget proposal.
Foreclosures are up 700% this year compared to 2021, but how should this data be interpreted? Go to the article to find out the true reasons.
New data may be an early indicator that the housing market is cooling down. Sellers’ power is getting limited with the interest rate climbing to 5%.
Have you collected wealth, but do not have a traditional proof of assets to showcase to your lender? The crypto mortgage market might be a solution for you.
How is the current rise in the interest rate affecting the homebuying minorities? Is there a solution to the underlying racism in the housing market?
The lack of inventory in the housing market and the end of the pandemic create the demand for condos. Condo prices are rising and becoming unaffordable.
President Biden proposed $71.9 billion housing investment to create affordable housing for all. This budget targets issues of low-earning families.