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REVEALED: 21 - The Real Truth

Is the housing market about to crash? Here’s what experts are saying

After a record-breaking run that saw mortgage rates plunge to all-time lows and home prices soar to new highs, the U.S. housing market finally is slowing. While demand and price gains are cooling, any correction is likely to be a modest one, housing economists and analysts say. No one expects…

Tribune News Service · Oct 20, 2022

Scott Burns: Young homeowners are in for a bit of a rude awakening

If you are young and have recently become a homeowner, we need to talk.

Tribune News Service · Oct 20, 2022

US home sales fell in September for eighth straight month

Sales of previously occupied U.S. homes fell in September for the eighth month in a row, matching the pre-pandemic sales pace from 10 years ago, as house hunters grappled with sharply higher mortgage rates, rising home prices and a still tight supply of properties on the market

The Independent UK · Oct 20, 2022

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Global housing market pain has echoes of a crash 30 years ago

When Covid sent the UK economy into lockdown in 2020, the government jumped in to help the property market by cutting a tax on purchases. The temporary measure triggered a kind of mania among buyers, who responded by bidding up average prices by £31,000 ($35,000) — more than double the…

Tribune News Service · Oct 20, 2022

Sim beats Stewart in Vancouver election that hinged on housing crisis

Entrepreneur Ken Sim has unseated Kennedy Stewart as mayor of Vancouver, a city where runaway home prices and the cost of living have become pressing concerns among voters.

Tribune News Service · Oct 16, 2022

Rising mortgage rates are sending home prices lower

For the first time in a decade, home prices in Southern California are definitively falling.

Los Angeles Times · Oct 13, 2022

Home prices decelerating by record amount, according to new report

Could housing prices finally be coming back down to earth? Year-over-year home-price growth decelerated at a record-setting pace in July 2022. S&P CoreLogic’s latest Case-Shiller U.S. National Home Price NSA Index, released September 27, reports that price growth dropped by 2.3% from June to July — from 18.1% to 15.8%.

Tribune News Service · Oct 6, 2022

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Kiplinger Housing Outlook: Housing Starts Rebound on a Multifamily Building Spike

High mortgage rates, persistent inflation and affordability constraints continue to weigh on housing demand and builder sentiment.

Kiplinger · Oct 4, 2022

The housing market is stuck

People expecting a big housing crash might not see it happen so fast.

Axios · Oct 3, 2022

US home prices fall for the first time in a decade

Prices still up over 2021

The Independent UK · Oct 2, 2022

Home Prices Down, Sales Up

Good Morning Everyone! Remember, no one gets rich panic selling.

Benzinga · Sep 28, 2022

Buyer’s remorse, agent bonuses take hold as higher interest rates change homebuying

Some of the nation’s largest homebuilders are lowering prices, providing discounts and pulling out of land deals as higher mortgage rates on top of already sky-high home prices continue to take a toll on buyer affordability.

Tribune News Service · Sep 23, 2022

US home sales slipped, prices grew more slowly in August

Sales of previously occupied U.S. homes slowed in August for the seventh month in a row, as sharply higher mortgage rates and rising home prices made homebuying less affordable

The Independent UK · Sep 21, 2022

Southern California's housing slowdown shows in August home prices

The Southern California median home price remained unchanged in August from the previous month as rising mortgage rates made houses even less affordable for many people.

Los Angeles Times · Sep 20, 2022

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Benzinga · Sep 19, 2022

Falling Home Sales Send Shock Waves Through Home Retailers And Flippers: How Bad Could It Get?

As mortgage rates topped 6%, for the first time since the 2008 financial crisis, new home buyers are being squeezed on multiple fronts since elevated home prices, interest rates, and rising inflation are adding to everyone's bottom line.

Reason · Sep 14, 2022

Cardi B Delivers Perceptive, Profanity-Laced Analysis of High Home Prices, Rents

The rapper blamed a lack of "motherfucking inventory" for high home prices and rising rents in low-income neighborhoods. She's not the only one.

Tribune News Service · Sep 8, 2022

How much will a house cost by 2030? Predictions and tips to start saving

Just 17 percent of Americans believe it’s a good time to buy a home, according to a recent survey from Fannie Mae. Between higher mortgage rates, still-high home prices and broader inflationary pressure, putting off buying a home might be the only option for some. What happens if you wait,…

The Texas Tribune · Sep 1, 2022

Texas’ housing market shows signs of cooling down after the pandemic drove it to new heights

Texas had more houses on the market in July than any time since late 2020 as home sales declined in the state’s major metros. Sellers have had to cut prices to entice buyers.

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Reason · Aug 29, 2022

Selling a Home? The D.C. Down Payment Assistance Program Will Give You Up to $202,000.

The city's expanded down payment assistance program is a recipe for increasing home prices.

Reason · Aug 19, 2022

Glenn Youngkin Says NIMBY Regulations Are Making Virginia an Impossibly Expensive Place To Live

The governor blamed local restrictions on new development for the state's rapidly rising rents and home prices.

Tribune News Service · Aug 19, 2022

Is the housing market about to crash? Here’s what experts are saying

The U.S. housing market may be starting to slow down, but it is still hot. Double-digit appreciation is commonplace. Many sellers are still giddily sifting through multiple offers, and frantic buyers continue to pay more than asking prices — sometimes by $100,000 or more.

Tribune News Service · Aug 4, 2022

Commentary: Who’s to blame for the priciest housing in history?

With so much attention fixed on soaring prices for gasoline and groceries, one can almost overlook the fact that we’re also enduring an affordable housing crisis. The question is, why?

Axios · Aug 4, 2022

Remote workers pushed up incomes and home prices in these cities

Pandemic migration has reshaped many regions of the country.

StockNews.com · Aug 3, 2022

1 Residential REIT to Buy and 1 to Sell

REITs are considered excellent inflation-hedging investments due to their ability to benefit by increasing rents in an inflationary environment. Moreover, residential REITs have benefited from soaring home prices and mortgage rates. Thus, we believe it could be wise to buy quality residential REIT Daiwa House (DWAHY), which possesses robust financials.…

ABC News · Aug 2, 2022

Australian house prices set to drop further as interest rates surge. Here's a round up of what's happening with property prices across Australia

Australian house prices are dropping at their fastest pace since the global financial crisis, data shows. Here's what's happening in your capital city.

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