Majority of Hispanic Americans own a home as incomes rise A majority of Hispanic Americans now own a home, a milestone that was reached in part thanks to demographics and income growth. Tribune News Service · Mar 2, 2023
Millennials’ decision to live with their parents has paid off Some also paid off a chunk of student loan debt. Fortune · Feb 16, 2023
Zillow says the home price correction is winding down—here’s what 28 other forecast models have to say Fortune once again tracked down the latest home price forecasts from 29 of the nation's leading real estate researchers. Fortune · Feb 14, 2023
Existing home sales fall again in December Existing-home sales — meaning sales of previously occupied homes, rather than newly built homes — have been on a downward trend all year. And with both mortgage rates and prices remaining fairly high, home shoppers have pulled back. A new report by the National Association of Realtors (NAR) indicates that… Tribune News Service · Jan 26, 2023
US Chamber of Commerce dips to second place in K Street spending - Roll Call Mega-bills fueled the influence business in 2022, as lobbyists pivot to dealing with divided government in 2023. Roll Call · Jan 23, 2023
December US home sales fall, capping nearly 18% drop in 2022 Sales of previously occupied U.S. homes slumped nearly 18% in 2022, the slowest year for the housing market in nearly a decade The Independent UK · Jan 20, 2023
Top 10 real estate markets in the US are all in the South Real estate in Atlanta, Raleigh, North Carolina and Dallas-Fort Worth is expected to outperform most other metro areas in 2023, according to the National Association of Realtors. Tribune News Service · Dec 15, 2022
US home sales fell in October for ninth straight month Sales of previously occupied U.S. homes fell in October for the ninth month in a row to the slowest pre-pandemic sales pace in more than 10 years, as homebuyers grappled with sharply higher mortgage rates, rising home prices and fewer properties on the market The Independent UK · Nov 18, 2022
You need to make $87,000 a year to buy a typical house in Dallas-Fort Worth Rapidly rising mortgage rates have taken a hammer to home affordability across the U.S., even as some areas like Dallas-Fort Worth continue to see double-digit price gains. Tribune News Service · Nov 17, 2022
First-time US homebuyers are oldest on record and least diverse since 1997 Both first-time and repeat U.S. homebuyers are now the oldest on record, and the proportion of purchases by Black, Asian and Pacific Island Americans is the lowest since 1997, the latest evidence that it’s increasingly difficult to buy a home. Tribune News Service · Nov 3, 2022
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
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
How Black people are still discriminated against when buying and selling houses: ‘We have an issue here’ When Abdul-Kaba Abdullah decided to sell his home two years ago, he listed the neatly-kept four-bedroom house at $175,000 based on pre-sale evaluations The Independent UK · Oct 14, 2022
Realtors apologizing for past discrimination, urging change When Abdul-Kaba Abdullah decided to sell his home two years ago, he listed the neatly-kept four-bedroom house at $175,000 based on pre-sale evaluations The Independent UK · Oct 14, 2022
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,…
Benzinga · Aug 24, 2022 Dropping Home Sales Numbers May Mean The End Of Bidding Wars The real estate market is churning again, and based on the latest home sales numbers from several sources, the end of private home bidding wars may be nearing its end.
The Guardian - US · Aug 19, 2022 American dream of owning a home out of reach for many in tight markets Many middle- and lower-income Americans are left with a dwindling number of options or forced into renting while supply increases for the wealthiest buyers
Bangkok Post · Jul 24, 2022 Foreign Purchases of U.S. Homes Fall to New Low Foreign purchases of U.S. homes slid for a fifth straight year as the pandemic continued to limit international travel and the dollar strengthened.
Tribune News Service · Jul 22, 2022 Texas home buyers are competing against investors across the globe Texas is an epicenter for foreign investment in the U.S. housing market.
Benzinga · Jul 20, 2022 Chinese Investors Buy $6.1 Billion Worth Of US Homes In Past 12 Months For the first time in three years, activity from overseas real estate buyers has increased. During a time when the housing market is under incredible scrutiny and seeing astonishing prices, investors from China are gobbling up available homes.
Benzinga · Jul 18, 2022 Annual Foreign Investment In US Home Sales Up 8.5% To $59 Billion Global investors are paying record prices for U.S. residential real estate. What Happened: According to new data from the National Association of Realtors, international buyers purchased $59 billion worth of U.S. residential properties between April 2021 and March 2022, up 8.5% from the same period one year earlier.
The Independent UK · May 19, 2022 Home sales tumble again as mortgage rates surge Sales of previously occupied U.S. homes slowed in April for the third month in a row as mortgage rates surged, driving up borrowing costs for would-be homebuyers as home prices soared to new highs
Tribune News Service · May 5, 2022 Double-digit home price gains are a national phenomenon Across the country, 70% of metro areas experienced double-digit home price gains in the first quarter, according to a new report from the National Association of Realtors.
Benzinga · Apr 28, 2022 Housing Beat: Mortgage Rates Stay Elevated, Profit Margins On Home Sales Down Mortgage rates remained on the high side this week while pending home sales continued to decline and mortgage delinquency rates also recorded downward motion.
Benzinga · Apr 21, 2022 Housing Beat: Mortgage Rates Break The 5% Level; Buyers Settle On Smaller Homes The latest U.S. housing and mortgage data points to rates continuing their dizzying rise, fewer homes being sold and prospective buyers agreeing to purchase smaller properties.