File this under car wreck, as in, you don’t really want to see it, but you cannot look away. I’m talking about the latest batch of housing numbers. They all show pretty much the same thing: sales slacking off, inventories rising. Read More…
Over the next year or so, as the real estate market begins to soften, where will home prices remain highest? Data show potential buyers should look for a strong local economy. Read More…
Rates on 30-year mortgages fell for a sixth consecutive week, providing home buyers with more relief from an earlier rise in rates. Read More…
The possible sale of an 80-acre Manhattan apartment complex has set the real estate world abuzz, with a potential multibillion dollar price tag and published reports listing some of the biggest names in real estate as possible buyers. Read More…
This development has gotten very little ink (in fact the only publicly accessible story I could turn up on it was this one from last June) but the Chicago Mercantile Exchange quietly began trading futures contracts on home resale values…n Read More…
For the fifth straight week Freddie Mac reported that mortgagenrates fell from the previous week’s level. During the past weeknwhich ended August 24 all four the of the mortgage products tracked bynFreddie Mac reached levels last seen at some point this past April. ThenMortgage Bankers Association, however, found rates moving in the oppositendirection. nn Read […]
This just in from John Burns Real Estate Consulting. Giving it to you unedited: 84% of Markets Are Overpriced Of the 100 largest metropolitan areas (based on annual permit activity): Only 13 markets are below their historical median affordability level,…n Read More…
Mortgage rates have tumbled more than a third of a point over the past six weeks, retreating back to where they were in mid-April. Read More…
Mortgage rates have tumbled more than a third of a point over the past six weeks, retreating back to where they were in mid-April. Read More…
Mortgage rates have plunged more than a quarter of a point over the past five weeks, retreating back towards where they were in late April and early May. Read More…