As housing prices surge to new records with no end in sight, few economists believe that the current run-up is a bubble that’s about to burst.
More
British Reporter — Homeowners are being reminded to protect their properties from prowling thieves this winter as the clocks change this month. Last year, Halifax Home Insurance had a 107% increase in claims for burglaries between April and October – the months when
More
When putting a house on the market, who has the edge when it comes to selling for a profit? Chances are — unless you’re a full-time real estate investor — it’s not you.
More
The FINANCIAL — Intense and persistent buyer demand is keeping the time on market for houses at incredible lows and pushing prices ever higher above 2019, according to Zillow’s Weekly Market Report. Sales remain high above last year and are expected to stay
More
The FINANCIAL — Freddie Mac (OTCQB: FMCC) released the results of its Primary Mortgage Market Survey® (PMMS®), showing that the 30-year fixed-rate mortgage (FRM) averaged 2.80 percent, the lowest rate in our survey’s history which dates back to 1971. “Mortgage rates remain very low, providing homeowners
More
The FINANCIAL — What happens if the major polls are right and the upcoming election results in a change of administrations, if Trump is out and Biden is in? How might the housing sector change? One place to look is the 2020 Democratic
More
The FINANCIAL — Mortgage rates sharply fell this week reaching a new record low. Following the trend of the 10-year Treasury yield, the 30-year fixed-rate mortgage dropped to average 2.81% this week from 2.87% the prior week. During the pandemic, many Gen
More
The FINANCIAL — Remarkable growth this half-decade has boosted the share of Latinx households in the U.S. that own their home to its highest since the housing bust. While recent signs are encouraging, a new Zillow® analysis reveals remaining roadblocks on the path to equitable
More
The FINANCIAL — Home price momentum continued into early October, with annual median list price growth reaching double digits, according to Zillow’s Weekly Market Report. Although the frenetic pace of newly pending sales seems to be subsiding in a delayed seasonal slowdown, a
More
The FINANCIAL — Average 30-year mortgage lending rates for homebuyers with good credit have fallen from 4.46% in January of 2019 to 3.13% but rate is now back up around 3.65%. Mortgage rates are primed to fall again after the Federal Reserve’s
More