housing Archives - Broadcast News Network

Redfin: These housing markets are the most at risk of falling home prices

July 31, 2022 Administrator

Homebuyers had enough. Spiked mortgage rates on top of record home price appreciation—up 42% since the onset of the pandemic—pushed monthly mortgage payments to a level that is simply unattainable for tens of millions of would-be buyers. As more buyers take a rain check, the housing market correction only gets more intense. This week, we…

Real Estate

10 cities where home prices are being slashed as housing market cools

July 28, 2022 Administrator

The U.S. housing sector is finally cooling off. For those looking to buy, there are homes in several parts of the country that are on sale right now, according to new data. Sellers slashed home prices in June in areas that saw red-hot price appreciation earlier in the pandemic, including Reno, Nev., Austin, Texas, and…

Real Estate

Should you rent or buy a house? Use the ‘BURL’ rule to avoid financial regret, says real estate investor

July 20, 2022 Administrator

When it comes to maximizing your lifestyle and net worth, the question “should I rent or buy” is one of the most heavily debated. Even if you already own your home or apartment, it’s a good exercise to regularly consider whether living there is the optimal move. Taking on debt to buy is always a…

Real Estate

I’m the chief economist for a $5 billion real estate data and title company. Here are 5 things you need to know about the housing market now

July 11, 2022 Administrator

Mark Fleming Housing has become increasingly unaffordable to millions of Americans — with home prices and mortgage rates continuing to rise (see the lowest rates you may qualify for now here). So – as part of our series where we ask prominent economists and real estate pros their take on the housing market now –…

Real Estate