sharingdash.medianewsgroup.com1 week agoBusinessMortgage rate forecast for May 2024: No break for homebuyersMortgage rates continue above 7%, potentially reaching 8% due to high inflation and Fed's delayed rate cuts. [ more ]
Boston.com2 weeks agoBusinessAverage long-term US mortgage rate climbs for the fourth straight weekMortgage rates are at their highest level since late November, impacting homebuyers and homeowners. [ more ]
SFGATE1 month agoSF real estateHomebuying Season: What Recent Data Suggests for 2024Shortage of homes will continue in 2024, keeping prices high despite potential mortgage rate drops. Historic seasonal trends disrupted by the pandemic, but some normalization expected in 2024 with continued supply-demand imbalance. [ more ]
SFGATE1 month agoSF real estateU.S. Sees Robust Job Growth-but the Housing Market Could SufferLow unemployment rate is positive for the housing market, but it may delay Fed interest rate cuts, keeping mortgage rates higher. Mortgage rates have decreased but are still higher compared to earlier rates, impacting homebuyers amidst high prices and competition. [ more ]
SFGATE2 months agoSF real estateWhat Will the Housing Market Look Like Once Mortgage Interest Rates Drop? Here's What Homebuyers Can ExpectMortgage rates hit a 23-year high in October at 7.79% for a 30-year fixed loan. Experts predict that mortgage rates will slowly decrease but not drastically. [ more ]
SFGATE2 months agoSF real estateMortgage Rates Just Hit a New High for 2024-Here's WhyMortgage rates increased to 6.9% for a 30-year fixed home loan, driven by a strong economy. Despite recent rate hikes, mortgage rates are down from a peak in 2023, but further reductions are uncertain. [ more ]
SFGATE4 months agoSF real estateMortgage Rates Just Dipped Below 7%-and May Go Even Lower. Here's Why.Mortgage rates have dipped below 7% for the first time since August, providing relief to homebuyers. The Federal Reserve's expected rate cuts and lower inflation rates may lead to a thawing of the housing market in the new year. [ more ]
SFGATE3 weeks agoSF real estateThe Top 10 Surprising Metros Where Generation Z Is Buying Up HomesGeneration Z is financially savvy, successfully buying homes in affordable metros despite high prices and competition. [ more ]
SFGATE3 months agoSF real estateAre Your Homebuying Tactics Out of Date? The New Rules for Buying a Home in 2024Mortgage rates are expected to be lower in 2024, making it a better time for homebuyers. Pent-up demand for homes is expected to increase as mortgage rates decrease. [ more ]
SFGATE4 months agoSF real estateBuying a House in 2024: How to Overcome the ChallengesDespite high prices and low inventory, the long-term benefit of buying a house outweighs the current challenges in the real estate market. Mortgage rates have been on the rise, but economic signals suggest a potential decline in rates in 2024. [ more ]
SFGATE1 month agoSF real estateU.S. Home Prices Are Still High, but These 7 Cities Boast Tons of Listings Below $300KSeven metros in the US offer median home prices below $300,000 with increased listings, providing hope for budget-constrained homebuyers. Despite price growth in these cities, they remain affordable havens for bargain hunters due to initially low prices and rising inventory. [ more ]
New York Post1 month agoNYC real estateForget Palm Beach - Florida sun-seekers are heading to this burgeoning nearby enclaveHomebuyers are flocking to Palm Beach Gardens for more space and less hustle. Wall Street executives are moving north to Palm Beach Gardens seeking sanctuary and lower prices. [ more ]
Boston Condos For Sale Ford Realty1 month agoBoston foodNew Boston Condo Broker Fee Commissions And Its Impact On Condo Buyers Boston Condos For Sale Ford RealtyScrapping of standard 4-6% commission if settlement approved Homebuyers must sign explicit deal with brokers before working [ more ]
SFGATE1 month agoSF real estateMortgage Rates Jump Right as Home Prices Drop, Offering Buyers a Mixed BagMortgage rates rose slightly, sparking concerns for homebuyers in the spring housing market. Despite the rate increase, there are positive signals in the spring market with more options at similar prices compared to last year. [ more ]
SFGATE2 months agoSF real estateWhat Do Today's Homebuyers Really Want? The Features Most In DemandHomebuyers prioritize personalized homes over larger sizes. Newly built homes are shrinking in size due to rising costs and buyer preferences. [ more ]
SFGATE2 months agoSF real estateMortgage Rates Are Finally Falling: See How Much Homebuyers Can Save on a House Right NowMortgage rates have dropped over a full percentage point from their recent peak, making the cost of buying a home more affordable. Homebuyers could save about $366 every month due to the lower mortgage rates. [ more ]
www.mercurynews.com2 months agoEast Bay (California)An acre of land with an abandoned house: Time to call insurance agentsBuyers in rural settings should consider factors like well water and fire insurance availability. Consult with local loan and insurance brokers for guidance on purchasing a property in high-fire designated areas. [ more ]
New York Post2 months agoNYC real estateThe US is facing a widening housing shortage with the market missing a whopping 7.2M homesAmerica faces a long-term housing shortage with up to 7.2 million missing homes. Increased housing construction is crucial to meet the rising demand as population growth outpaces new home construction. [ more ]
New York Post3 months agoNYC real estatePeople are rushing to buy property near a Hawaiian volcanic site that last erupted in 2018Despite the risks, buyers are flooding Hawaii's Puna District, driving up prices in the area. The lack of modern infrastructure hasn't deterred newcomers from buying property in Puna. [ more ]
Boston Condos For Sale Ford Realty5 months agoBostonEconomy In Tenuous Position Boston Condos For Sale Ford RealtyThe US economy is currently ranked a 'C' and the real estate market is graded a 'D'. New housing starts in Massachusetts are at a 30-year low. [ more ]
www.housingwire.com5 months agoMarketing29 Cutting-Edge Real Estate Marketing Ideas for 2024First-time homebuyers now make up 50% of all home buyers Real estate professionals need to adapt their strategies to the changing market [ more ]