Tag: real estate
March Home Sales Fall as Mortgage Rates Climb
(AP) Sales of previously occupied U.S. homes slowed in March to the slowest pace in nearly two years as a swift rise in mortgage...
Homebuyers Stymied by Fewer Homes, High Prices, Rising Rates
(AP) Shortly after moving to South Florida for a new job with the U.S. military, Shannon Kaufman and his wife, Wendy, signed up for...
Higher Mortgage Rates Mark Consequences of Ongoing Inflation
(The Center Square) Mortgage rates surpassed 4% for the first time since 2019 and the Federal Reserve announced a series of new rate hikes...
Home Prices Post Biggest Jumps in the South
(The Center Square) An index that tracks home prices across the U.S. climbed 18.8% last year – the highest in 34 years – with the...
Think Your Home Value Is Soaring? Talk to a Farmer
(Associated Press) Fourth-generation corn and soybean farmer Jeff Frank doesn't feel rich, but simply based on the skyrocketing value of his land in northwest...
Home Prices Surge 18.4%
(Associated Press) U.S. home prices surged again in October as the housing market continues to boom in the wake of last year's coronavirus recession.
The...
Realtor.com, Redfin Remove ‘Racist’ Crime Statistics from Listings
(Banker & Tradesman) A senior executive at low-cost brokerage Redfin called on the real estate industry to remove crime statistics from home listings the...
Housing Hubris: Can Home Prices Spiral Upward Forever?
(Doug French, Mises Institute) Once real estate was stable and slow moving. Buyers would walk through a home, and walk it again with someone...
Inflation, Fed Action Set Stage for Higher Mortgage Rates
(Associated Press) Mortgage rates have hovered near all-time lows for much of this year, even as inflation has increased sharply across much of the...
Housing Boom Hit by Scam Tornado
(John F. Wasik, RealClearInvestigations) When Jeff, a retired marketing consultant from Chicago, was closing on his home sale, he received a new set of instructions...
