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Luxury homes are more expensive than ever as the wealthy buck high mortgage rates

Wed, 01/31/2024 - 12:59

The front of a mansion. — Luxury homebuyers aren't bothered by mortgage rates.
Kyle Duesing

Real Estate, Markets, mortgage-rate, manisons, luxury-homes, housing-market, ultra-wealthy

It's almost impossible for first-time buyers to afford a home, top analyst says

Tue, 01/30/2024 - 08:53

Tech Insider : Economy, Economy

Mark Zandi of Moody's — Mark Zandi is chief economist of Moody's Analytics.
Tom Williams/Getty Images

economy, Real Estate, economy, Housing, us-housing-market, affordability-crisis, Mortgages

The housing market will take off in a 2024 renaissance as construction, demand are set to surge, National Association of Home Builders CEO says

Fri, 01/19/2024 - 11:17

Housing market recovery — IP Galanternik DU/Getty Images

Real Estate, Markets, housing-market, us-housing-market, housing-market-rebound, housing-market-recovery, housing-market-outlook

The value of the housing market in America's largest metros has surged to $23 trillion

Tue, 01/09/2024 - 13:36

Homes in a neighborhood in Missouri — Shutterstock

Real Estate, Markets, Markets, housing-market, real-estate, us-housing-market, housing-affordability

Home prices may pick up speed after the Fed cuts rates with 88% of the housing market still overvalued, Fitch says

Mon, 12/25/2023 - 07:44

home sales — (Left) Kevin Dietsch/Getty Images, (Right) Getty Images

Real Estate, Markets, home-prices, housing-affordability, home-values, us-housing-market, federal-reserve

Mortgage rates are falling at the fastest pace since the 2008 housing market crash

Wed, 12/06/2023 - 15:57

woman signing a contract for the rental or purchase of real estat — A stock photo shows a person signing a mortgage contract.
Getty Images

Real Estate, Markets, mi-exclusive, mortgage-rates, us-housing-market, mortgage-refinancing, interest-rates

The housing market has hit 'rock bottom' and the sales slump will last a long time, Redfin CEO says

Fri, 11/24/2023 - 11:01

Redfin — Sundry Photography/Shutterstock

Markets, mi-exclusive, us-housing-market, housing-market-outlook, home-prices, housing-slowdown, housing-recession

Why now is actually a good time to buy a house

Sat, 10/21/2023 - 08:15

Home for sale — There's an argument to be made that buyers shouldn't wait for rates or prices to drop, and to stay in the market even as affordability looks strained.
AP

Markets, mi-exclusive, us-housing-market, housing-market-outlook, best-time-to-buy-a-home, housing-market, housing-demand

Home sales have plummeted to their lowest in 13 years as 8% mortgage rates batter the housing market

Thu, 10/19/2023 - 13:05

Mortgage home sales — Sky-high mortgage rates keep battering the US housing market, with the 30-year fixed mortgage clocking in at 8% this week.
Lucas Jackson/Reuters

Markets, mi-exclusive, housing-market, us-housing-market, home-sales, us-home-sales, housing-inventory

Home foreclosures are at their highest level since the start of the pandemic as the 'financial aftermath' take a toll on buyers

Fri, 10/13/2023 - 09:48

A home foreclosure sign. — A home foreclosure sign.
Reuters

Markets, mi-exclusive, housing-market, foreclosures, housing-foreclosures, housing-market-outlook, home-affordability-crisis

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