Luxury deals are down 18 percent year over year, and buyers are more cautious than they’ve been in years, a sign the market is continuing…
Posts published in “mortgage rates”
Someone applying for a typical Manhattan apartment would need to make a salary of $157,000 per year in order to afford the rent. Source: Inman…
It’s getting hairy out there for homebuilders as construction leaders report that buyers are losing interest in pricy new properties now that mortgage rates have…
As Fed embarks on “quantitative tightening,” interest rates could come under renewed pressure. Source: Inman News
The market is reaching a turning point in which price reductions are more common. But that doesn’t mean homes can’t still appreciate in value. Source:…
Investors warned of “break even” second quarter as rising mortgage rates put a bigger-than-expected dent in loan originations. Source: Inman News
Demand for mortgages at lowest level since December 2018 as bottom falls out of refinancing market. Source: Inman News
Data from analytics firm CoreLogic shows 67.9 percent of U.S. regional housing markets were overvalued as of the latest available data from March, meaning incomes…
As real estate enters what one observer called a “Wile E. Coyote” moment, real estate companies’ share prices continue to struggle amid market uncertainty. Source:…
Affordability challenges mean some sellers are reducing asking prices, but demand for homes continues to outpace supply. Source: Inman News