housing-market

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SF real estate
SFGATE
6 hours ago
SF real estate

Americans Are Flocking South To Outrun Home Prices-This Is Where They're Moving From

Americans are moving south for warmer weather, bigger homes, and more space, especially post-COVID-19.
The top 10 fastest-growing counties in the U.S. are primarily in Florida and Texas, showing a trend towards affordable living and away from high-priced coastal areas.
SFGATE
2 days ago
SF real estate

The Locked-In Mortgage Effect Leaves Homeowners Feeling Bound to Properties by 'Golden Handcuffs'

Low mortgage rates during COVID fueled housing boom led to 'golden handcuffs' issue for homeowners.
Homeowners less likely to sell as mortgage rates rise above locked-in rate, exacerbating housing shortage.
SFGATE
3 days ago
SF real estate

Have an Underwater Mortgage? These Solutions Can Help You Come Up for Air

Being underwater on a mortgage means loan balance exceeds home value.
Options like short sales or dipping into savings may have long-term financial implications.
SFGATE
6 days ago
SF real estate

'The Best of Both Worlds': The Spring Housing Market Might Just Change Everything for Homebuyers and Sellers

Spring is the busiest time for homebuying.
Housing market is facing uncertainty with price increases slowing.
SFGATE
1 week ago
SF real estate

Foreclosures Are Rising-Especially in This One State-but Not for the Reason You Might Think

Foreclosure filings increased by 8% annually with about 33,000 properties in February.
Lenders repossessed fewer homes in February, down 11% year over year.
SFGATE
1 week ago
SF real estate

Can President Joe Biden's Proposed Budget Fix the Nation's Housing Crisis?

President Joe Biden is focusing on addressing the housing crisis through creating financial incentives and assisting homebuyers.
Biden's 2025 budget includes tax credits for home sellers and down payment assistance for first-time homebuyers to increase homeownership.
moreSF real estate
Canada news
www.cbc.ca
1 day ago
Canada news

Apartment construction surged last year but demand still outpacing supply, says CMHC | CBC News

High demand outstrips supply in major Canadian cities despite a surge in new apartment construction.
Toronto, Vancouver, and Calgary saw an increase in total housing starts, while Montreal experienced a significant decline in apartment starts.
www.cbc.ca
3 weeks ago
Canada news

Equifax says mortgage-holders in B.C., Ontario, increasingly missed payments during Q4 | CBC News

Consumers in Ontario and British Columbia facing mortgage and credit payment challenges due to interest rates and inflation
Mortgage delinquency rates in Ontario and British Columbia surpassing pre-pandemic levels
PortlandTribune.com
1 month ago
Canada news

The basics of flipping homes

Home sellers have seen significant profits as real estate values have increased in recent years.
The median home price in the United States is around $486,000, while the national average price in Canada was $657,145 CAD in December 2023.
moreCanada news
property-sales
www.mercurynews.com
2 days ago
East Bay (California)

Single-family home in Fremont sells for $2.9 million

Housing Market Overview in Fremont
Recent Real Estate Transactions in Fremont
www.mercurynews.com
6 days ago
East Bay (California)

Four-bedroom home sells in Los Gatos for $2.1 million

Housing market activity in Los Gatos and San Jose
Variability in home prices and sizes in the area
www.mercurynews.com
6 days ago
Silicon Valley real estate

Three-bedroom home sells in San Jose for $1.6 million

Housing prices in San Jose for homes of similar sizes vary significantly.
The property on Meridian Avenue was sold for $1,600,000 with a price per square foot of $1,020.
www.mercurynews.com
1 week ago
Silicon Valley real estate

Detached house sells for $2.4 million in San Jose

Property in 1500 block of Teresita Drive, San Jose, sold for $2,410,000, $1,535 per sq ft.
House built in 1959 with 1,570 sq ft, 3 beds, 2 baths, fireplace, 2-car garage, 0.3-acre land.
www.mercurynews.com
1 month ago
East Bay (California)

Single family residence in Oakland sells for $2.6 million

Historic house on Longridge Road in Oakland sold for $2,600,000 in 2023
Recent property sales in Oakland show varying prices per square foot
www.mercurynews.com
1 month ago
East Bay (California)

Single family residence in Saratoga sells for $4.4 million

A spacious house located in the 20700 block of Seaton Avenue in Saratoga was sold for $4,355,000.
The house has four bedrooms, three bathrooms, a fireplace, and a two-car garage.
moreproperty-sales
NYC politics
News 12 - Default
2 days ago
NYC politics

Mayor Adams signs bill extending rent stabilization laws

Rent stabilization laws extended through 2027.
Importance of rent-stabilized housing in current housing market.
New York City, NY Patch
1 month ago
NYC politics

NYC Rental Vacancies At Worst Level Since 1968: Study

New York City's vacancy rate is at its lowest since 1968.
Mayor Eric Adams aims to build 500,000 new homes in the next decade.
moreNYC politics
federal-reserve
SFGATE
4 days ago
SF real estate

As Mortgage Rates Rise, Fresh Real Estate Listings Hit a Near 3-Year High

Mortgage rates rose to 6.87% for a 30-year fixed home loan.
Increased listings in spring may boost housing market despite elevated rates.
SFGATE
1 week ago
SF real estate

Mortgage Rates Could Top 7% This Spring as Inflation Ticks Up

Inflation rose to 3.2% year over year for the third consecutive month, exceeding the Federal Reserve's 2% target.
Higher inflation may lead to the Fed maintaining higher interest rates for an extended period, impacting mortgage rates and the housing market.
SFGATE
3 weeks ago
SF real estate

Mortgage Rates Just Hit a 2-Month High: Are High Rates the New Normal for Homebuyers?

Mortgage rates rose to 6.94% for the week, potentially impacting spring homebuying season.
Fed's wait-and-see approach contributed to the recent rise in mortgage rates.
SFGATE
1 month ago
SF real estate

Mortgage Rates Just Hit Their Highest Point This Year-and Here's Where They're Likely Heading Next

Mortgage rates rose to 6.77%, highest this year
Fed's strength in January indicates unlikely rate cut in March
time.com
1 month ago
Business

Is It Finally Time to Buy a House?

Mortgage rates are higher than they've been for over a decade, making it difficult for buyers to afford homes.
The housing market is not expected to improve for buyers anytime soon, despite potential dips in mortgage rates.
SFGATE
1 month ago
SF real estate

The Housing Market Just Showed a Sudden, Miraculous 'Return to Normal'-Take a Look

The housing market is showing signs of returning to normal with slowing median listing price growth, growing inventory of homes for sale, and falling mortgage rates.
Mortgage rates remain within a narrow range and the Fed is expected to cut rates this year, putting pressure on mortgage rates to fall.
morefederal-reserve
Miami Herald
6 days ago
Miami

What's happening with housing costs in Miami and Broward? Look at the changing numbers

Housing prices in Miami-Dade and Broward counties have reached an all-time high.
Sales of single-family homes and condos in South Florida have shown varying trends in terms of prices and inventory.
www.nytimes.com
1 week ago
NYC real estate

Can't Move? Renovate, if You Can Afford It.

Homeowners are staying put due to lower monthly payments from pre-increase mortgage rates.
Renovating may be a better option in expensive markets like Chicago while more affordable in Southern cities like San Antonio.
SFGATE
1 week ago
SF real estate

5 Happy and Historic Craftsman Bungalows Priced at $400K or (Much!) Less

Craftsman bungalows originated in India but became historically American through the Arts and Crafts movement, adapting to different regions.
Craftsman bungalows are known for style, character, durability, and affordability, with many well-preserved old homes available at reasonable prices.
Boston Condos For Sale Ford Realty
1 week ago
Boston food

Will Lower Broker Fees Bring Home Prices Down? No, Here's Why Boston Condos For Sale Ford Realty

Tax credits or rebates and lower real estate commissions won't decrease Boston condo prices.
Supply shortage and high demand are driving MA housing prices up.
SFGATE
1 month ago
SF real estate

Can You Afford a Home in America's Top Emerging Housing Market?

Despite being affordable, housing prices in the top emerging markets are still rising quickly.
Buyers are willing to pay higher prices for scenic locations like Santa Maria, regardless of mortgage rates.
SFGATE
1 month ago
SF real estate

New-Home Sales Jump as Buyers Snag Lower Mortgage Rates

New home sales in December increased by 8% compared to the previous month and rose 4.4% year over year.
The rise in sales was driven by lower mortgage rates and the lack of existing homes for sale.
www.mercurynews.com
1 week ago
East Bay (California)

Four-bedroom home sells for $4.3 million in Palo Alto

Housing market in Palo Alto is active with properties being sold at high price per square foot values.
Different properties in Palo Alto vary in size, number of bedrooms, bathrooms, and selling prices.
The Mercury News
3 weeks ago
East Bay (California)

These new rent stabilization and eviction policies are coming to Concord

Concord lawmakers passed just-cause eviction protections and rent stabilization for a significant portion of rental units.
Concord's new ordinance aligns it with similar local efforts in Berkeley, Oakland, and Richmond.
www.mercurynews.com
3 weeks ago
East Bay (California)

Three-bedroom home sells in Palo Alto for $2.8 million

Housing Market in Palo Alto
Property Features and Prices
Los Angeles Times
1 week ago
Los Angeles

Crackdown on Airbnb and other short-term rentals likely coming to unincorporated L.A. County

Short-term rentals in unincorporated areas restricted to primary residences
Proposed ordinance aims to regulate short-term rentals in L.A. County
www.mercurynews.com
1 week ago
Silicon Valley real estate

Detached house sells for $2 million in San Jose

The property on Trevor Drive in San Jose was sold for $1,955,000 on Feb. 26, 2024, at $1,226 per square foot.
The house features a single-story layout with four bedrooms, two bathrooms, a fireplace, and a two-car garage on a 10,450-square-foot lot.
www.mercurynews.com
1 month ago
East Bay (California)

Single family residence in San Jose sells for $2.3 million

1130 Flaxwood Street sold for $2,257,500
Neighboring houses in San Jose have also recently been sold at different prices per square foot
www.nytimes.com
1 week ago
NYC real estate

Powerful Realtor Group Agrees to Slash Commissions to Settle Lawsuits

Elimination of 6% sales commission in the real estate industry
Significant impact expected on U.S. housing market
New York Post
4 weeks ago
NYC real estate

Here are the best NYC neighborhoods where homebuyers can wield bargaining power

Certain neighborhoods in New York City are experiencing a shift in the housing market giving buyers more power.
Areas like Greenwich Village, East Village, and Upper East Side have seen properties linger on the market, leading to price reductions and increased bargaining power for buyers.
Curbed
1 month ago
NYC real estate

A West Village Two-Bedroom and a Sprawling Windsor Terrace Co-op

There are various housing configurations available under a million dollars like two-bedrooms in the West Village and spacious one-bedrooms in Windsor Terrace.
Unique features of the listed apartments include beautifully renovated interiors, original details, and spacious layouts with ample storage options.
New York Post
2 months ago
NYC real estate

Mattress on floor in section of living room lists for $525 a month highlighting renters' struggle

Sydney rental crisis highlighted by Facebook listing of a cramped living room for $525 a month
Vacancy rates in Sydney dropped to 1.7% with average rental price of $750 per week, $170 more than national average
SFGATE
2 weeks ago
SF real estate

U.S. 30-year mortgage rate drops below 7%, spurring home purchases

US mortgage rates below 7% for the first time in a month, boosting home purchase applications.
30-year fixed mortgage rate drops 18 basis points to 6.84%, the biggest decline in three months.
www.nytimes.com
2 weeks ago
US politics

Fudge Steps Down as Housing Secretary

Marcia L. Fudge announced her resignation as the secretary of housing and urban development to spend more time with her mother.
President Biden praised Fudge for her efforts in lowering housing costs, assisting first-time home buyers, and increasing housing supply.
SFGATE
2 weeks ago
SF real estate

Why Biden's Proposed $400 a Month Tax Credit for Homebuyers Could Make It Even Harder To Buy a Home

Biden proposes tax credits for homebuyers could lead to higher prices
Potential concern over increased demand impacting home prices
SFGATE
2 weeks ago
SF real estate

Mortgage Rates Just Dropped-but the Housing Market Got Even Better News This Week

Mortgage rates dropped to 6.88% after nearing 7%.
Purchase demand rose in response to lower rates, but rates still impede potential homebuyers.
SFGATE
3 weeks ago
SF real estate

Q4 Data: Home Buyers Chilled by High Prices and Rates

High prices and mortgage rates, low inventory affected home sales in Q4 2023
First-time buyers face unique challenges in housing market
therealdeal.com
3 weeks ago
LA real estate

Top Penthouse at Beverly West in Westwood Lists for $29M

Luxury penthouse in Beverly West listed for $28.9 million, marked down by $11 million from two years ago.
Prices at the luxury condo complex seem to be on a downward trend, as evidenced by recent sales at lower prices.
therealdeal.com
3 weeks ago
LA real estate

Homebuilding Drops in California, but Falls Faster in U.S.

California had a 6% decrease in homebuilding permits in 2022, with 111,221 permits filed, while the US saw an 11% decline in permits filed.
Single-family home permits in California decreased by 8% in 2022, while multifamily permits decreased by 3%, with the Inland Empire showing an 89% increase in multifamily permits.
www.nytimes.com
3 weeks ago
Growth hacking

China Signals Robust Goal for Economic Growth

China sets 5% economic growth target for 2023.
Challenges in achieving growth due to housing market slide and consumer skepticism.
SFGATE
3 weeks ago
SF real estate

The Housing Market's Unhappy New Year: Fewer Homes Go Under Contract as Mortgage Rates Rise

Mortgage rates affect home sales
Weather impacts housing market
Regional differences in home sales
www.independent.co.uk
3 weeks ago
UK news

Commuter towns follow cities with unaffordable rent

Commuter towns in the UK are witnessing significant rent increases due to cities becoming expensive.
Areas near major cities like Bolton, Newport, and Bradford experienced sharp rent price hikes over the last three years.
www.independent.co.uk
1 month ago
UK news

Bank to offer 95% mortgages but only on certain homes

Santander offers 5% deposit mortgages on new-build homes, reducing previous deposit requirements significantly.
Housing market faces challenges as mortgage rates are impacted by wider market conditions such as swap rates.
www.independent.co.uk
2 months ago
UK news

Tell us if 99% mortgages are good idea as Tory MPs back plan

Radical plans to guarantee mortgages requiring just 1% deposits have been backed by senior Conservatives
Economists and housing experts warned that such a scheme would create massive risk for taxpayers and would push up prices.
www.independent.co.uk
2 months ago
UK news

Tory MPs back plan for 99% mortgage despite housing shortage warnings

Senior Conservatives back plan for 1% deposit mortgages
Experts warn of risks and potential house price inflation
www.independent.co.uk
2 months ago
UK news

Sunak considers radical plan for 99% mortgages to help first-time buyers

The UK government is considering a scheme to guarantee mortgages with just a 1% deposit to help first-time buyers.
The scheme is aimed at appealing to young voters struggling to get onto the property ladder, but experts warn it could push up house prices without addressing the housing shortage.
SFGATE
3 weeks ago
SF real estate

What Will the Housing Market Look Like Once Mortgage Interest Rates Drop? Here's What Homebuyers Can Expect

Mortgage 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.
SFGATE
3 weeks ago
SF real estate

The most affordable city in Calif. is a tiny town you've likely never heard of

Ridgecrest, California is the most affordable place to buy property in the state with a low home price to household income ratio.
Beverly Hills' famed 90210 is the least affordable ZIP code in California and the U.S.
SFGATE
4 weeks ago
SF real estate

Do Early Birds Buy the House? 9 Cities Where the Spring Housing Rush Starts Sooner Than You Think

Housing market follows seasonal patterns, with some regions experiencing an early spring bloom.
Real estate markets in Northeast and Sun Belt cities wake up early for spring sales.
SFGATE
1 month ago
SF real estate

Mortgage Rates Just Hit a New High for 2024-Here's Why

Mortgage 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.
SFGATE
1 month ago
SF real estate

Recession Watch: Would a Downturn Clobber the Housing Market or Make It Affordable Again?

High employment leads to increased home sales.
Skirting recession may keep mortgage rates high, impacting buyers and sellers.
SFGATE
2 months ago
SF real estate

Pending home sales rose 8.3 percent in December as mortgage rates softened

Pending home sales increased 8.3% in December as home buyers took advantage of lower mortgage rates.
The Midwest, South, and West saw gains in home buying activity, while the Northeast declined compared to the previous year.
East Asia Forum
2 months ago
World news

China's political shakeup in 2023 | East Asia Forum

China lifted COVID-19 restrictions and returned to normal by January 2023 after widespread protests, avoiding a health system overload by delivering over 3 billion vaccinations.
China faced long-term economic problems including high youth unemployment and concerns over the housing market, with Evergrande carrying over $300 billion in debt.
therealdeal.com
2 months ago
LA real estate

Beverly Hills' Building Halt May Tap the Brakes on Deals

The City of Beverly Hills has been ordered to stop issuing building permits for anything but new residential developments, affecting kitchen upgrades and swimming pools.
The court order could impact the housing market, with existing remodeled homes potentially in higher demand and houses needing work possibly facing a decrease in value.
SFGATE
1 month ago
SF real estate

Rental Prices Continue To Fall in 2024, but Just Barely

Rental prices decreased by 0.3% nationally, attributed to increased apartment construction.
Studios saw a 1% decrease in rents, while some Western markets showed rent rebounds.
SFGATE
1 month ago
SF real estate

This Is the Magic Mortgage Rate To Rev the Housing Market Back Up

Lower mortgage rates are crucial for reviving the housing market.
Americans believe homeownership is achievable if rates drop below 5%.
Younger buyers are determined to become homeowners despite high rates.
www.fastcompany.com
1 month ago
Social justice

The gap between Black and white homeownership has grown to its widest in a decade, study says

The homeownership gap between Black Americans and other racial groups has widened over the past decade.
While homeownership rates have risen overall, Black Americans still face significant challenges in achieving homeownership.
www.bostonherald.com
1 month ago
East Bay (California)

Wait, what? Things are looking up for home buyers?

2024 housing market may be more favorable for buyers
Improvement expected in mortgage rates and home availability
Kqed
1 month ago
California

California Will Help Fund the Down Payment for Your First House. Here's How to Apply | KQED

The California Dream for All program quickly ran out of its $300 million funding last year.
The program aims to distribute funds equitably across nine geographic zones.
www.mercurynews.com
1 month ago
East Bay (California)

Grandson awaits inheritance but worries about lease renewal, ability to buy home

Real estate transactions have many complexities, especially when involving probate situations.
Consider a shorter lease term to accommodate uncertain inheritance timelines and fluctuating housing markets.
SFGATE
1 month ago
SF real estate

From Surging Layoffs to a Presidential Election: What Will 2024 Bring for the Housing Market?

The fate of the housing market this year will be influenced by the presidential election, economic uncertainty, and mortgage rates.
Buyer and seller psychology, as well as the direction of the economy and mortgage rates, will determine the affordability and activity in the housing market.
SFGATE
1 month ago
SF real estate

Wait, What? Things Are Looking Up for Home Buyers?

2024 is expected to be a better year for home buyers with improvements in mortgage rates, home prices, and availability of homes for sale.
Mortgage rates have already started to drop and are expected to fall further in 2024. Consumers are optimistic about this trend.
www.nytimes.com
1 month ago
New York City

Boxes, Tape, $10,000: What It Takes to Move Into an N.Y.C. Apartment

Upfront costs for renting in New York City have increased significantly, making it difficult for prospective tenants to afford to move.
The average upfront cost of moving in NYC in 2020 was over $10,400, the highest in over a decade.
SFGATE
1 month ago
SF real estate

Exclusive: Ryan Serhant Reveals the Reason Why Right Now Is a Fantastic Time To Sell a House

Ryan Serhant knows how to sell anything, including himself.
He shares advice for home sellers and discusses the current housing market.
Boston Condos For Sale Ford Realty
1 month ago
Boston

What Is The Average Price Of A Massachusetts Condo? Boston Condos For Sale Ford Realty

Home prices surge in over 80% of metro areas.
The average condo prices in some key cities across Massachusetts in 2024.
Boston Condos For Sale Ford Realty
2 months ago
Boston

Back Bay Highest Price Per Sq. Ft. In America Boston Condos For Sale Ford Realty

The 02115 ZIP code in Boston's Back Bay neighborhood is the most expensive in the country in terms of median home price per square foot.
The lack of inventory and the presence of hospitals, educational institutions, museums, and student housing contribute to the high prices in the area.
Boston Condos For Sale Ford Realty
2 months ago
Boston

Where Can You Afford To Live In Boston? Boston Condos For Sale Ford Realty

Boston offers affordable yet charming neighborhoods
Consider location and transportation costs when determining affordability
Boston Condos For Sale Ford Realty
2 months ago
Boston

Where Can You Afford To Live In Boston? Boston Condos For Sale Ford Realty

Boston offers affordable yet charming neighborhoods
Consider location and transportation costs when determining affordability
www.mercurynews.com
1 month ago
East Bay (California)

Single family residence in Saratoga sells for $3.5 million

Spacious house in Saratoga sold for $3,460,500
Recent sales of homes in Saratoga
www.mercurynews.com
1 month ago
East Bay (California)

Labor, health costs lead Santa Clara County to project $250 million deficit in upcoming fiscal year

Santa Clara County is projecting a $250 million deficit in the next fiscal year due to growing labor costs and a slow housing market.
The county's healthcare system is expected to have a negative balance of $42.9 million due to labor costs and lower than expected revenues.
SFGATE
1 month ago
SF real estate

The Housing Market's 'Affordability Picture' May Finally Be Coming Into Focus

Mortgage rates have been fluctuating in the mid-6% range, down from the high 7% range last year.
The number of homes for sale has increased by 10.1% year over year, leading to a burst of activity in the housing market.
SFGATE
1 month ago
SF real estate

'We're at a Turning Point': Is the Housing Market Finally Thawing-or Is Another Deep Freeze To Come?

Mortgage rates have decreased, leading to an increase in home sales.
The housing market is showing signs of improvement, but it will take time to fully recover.
SFGATE
1 month ago
SF real estate

Wealthy Calif. city just topped a list usually reserved for affordable locales

Santa Barbara, California is the top emerging U.S. housing market, despite its high prices.
The median home price in Santa Barbara is $1.8 million, up 48.1% from the previous year.
www.mercurynews.com
1 month ago
East Bay (California)

Two-bedroom home sells in Alameda for $1.7 million

The property located at 3100 Fernside Boulevard in Alameda was sold for $1,663,000.
The house has 1,581 square feet of interior space and features two bedrooms and two baths.
www.mercurynews.com
1 month ago
East Bay (California)

Detached house sells for $1.6 million in Milpitas

A 1,629-square-foot house in Milpitas was sold for $1,550,000, at a price of $952 per square foot.
Other recently sold houses in the area include a 2,029-square-foot home on Yosemite Drive sold for $1,325,000 and a 2,029-square-foot home on Petersburg Drive sold for $1,700,000.
SFGATE
1 month ago
SF real estate

Buyers Flipped for This 1957 Modernist Home in Chattanooga, TN-Here's Why

A three-bedroom home in Chattanooga, TN received 27 offers and went under contract within four days of being on the market.
Buyers were attracted to the home's midcentury architecture and original design features.
Brooklyn Paper
2 months ago
Brooklyn

Surge in Brooklyn foreclosures: One building bears brunt with over double the cases last year * Brooklyn Paper

The number of Brooklyn homeowners at serious risk of losing their homes through foreclosure more than doubled from 2022 to 2023.
Brooklyn accounted for 30% of the city's 1,620 foreclosures, the first time the number has climbed to four digits since 2019.
www.mercurynews.com
2 months ago
East Bay (California)

Single-family house in Saratoga sells for $4.1 million

The spacious property located in the 12200 block of Melinda Circle in Saratoga was sold for $4,100,000.
The house has an interior space of 3,315 square feet with five bedrooms and four baths.
SFGATE
2 months ago
SF real estate

Why Some Renters Won't Buy Homes, Even as Mortgage Rates Fall

Renting a home is a deliberate choice for many nonhomeowners.
Over one-third of renters plan on renting forever.
www.mercurynews.com
2 months ago
East Bay (California)

The nine most expensive homes reported sold in Milpitas in the week of Jan. 8

The most expensive residential real estate sale in Milpitas in the past two weeks was a house that sold for $1.9 million.
There were nine residential real estate sales in the area during that time, with an average price of $1.2 million.
SFGATE
2 months ago
SF real estate

Mortgage Rates Just Hit a Nearly 8-Month Low: Should Homebuyers Shop Now Rather Than Wait Until Spring?

Mortgage rates for a 30-year fixed-rate home loan have reached their lowest level since last spring, which is encouraging for the housing market and first-time homebuyers.
Winter might be a good time to buy a home as there is a fresh wave of new listings and an uptick in inventory due to hesitant buyers and sellers making their move ahead of the spring.
The main engine that drives the housing market is mortgage rates, and when rates drop, the market becomes more affordable and encourages buyers to re-enter the market.
www.cbc.ca
2 months ago
Education

'These measures are not against individual international students," immigration minister says | CBC News

The Canadian government plans to cap the number of student visas granted over the next two years in order to target institutional 'bad actors' and address concerns about the impact of international students on the housing market.
Provinces and territories will be allotted a portion of the total student visas, distributed by population, resulting in significant decreases in provinces with unsustainable growth in their international student population.
New York Post
2 months ago
Fundraising

Why investors scaled back on real estate purchases in 2023

Investor activity in the real estate market has declined in the first three quarters of 2023 compared to the previous year.
Large investors are pulling back due to high prices, high mortgage rates, and falling rents, making investment less appealing.
SFGATE
2 months ago
SF real estate

Foreclosures Have More Than Doubled in 2 Years-Will Cheap Homes Flood the Market?

The number of homeowners at risk of foreclosure has surged over the past two years.
Another wave of foreclosures flooding the market with cheap homes is unlikely.
Boston Condos For Sale Ford Realty
2 months ago
Boston food

Where Can You Afford To Live In Boston? Boston Condos For Sale Ford Realty

Boston offers affordable yet charming neighborhoods
Consider location and transportation costs when determining affordability
SFGATE
2 months ago
SF real estate

The Housing Market Just 'Burst'-in the Very Best Way Imaginable

Homebuyers saw an increase in real estate listings in December, following a 17-month decline in inventory.
New listings were up 9.1%, indicating a burst of fresh inventory for buyers.
www.mercurynews.com
2 months ago
Silicon Valley real estate

Single family residence sells in San Jose for $1.6 million

The property located in the 400 block of McCamish Avenue in San Jose was sold for $1,550,000
Additional houses in San Jose have recently been sold at various price per square foot values
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