Luxury San Francisco condo prices nosedive as crime, drug use continue battering city: study
Condo prices in San Francisco's downtown areas have plummeted as remote work has kept people out of cities, and crime and homelessness issues have continued to persist in the city.
Mortgage rates fall for fifth week
Mortgage rates fell for a straight fifth week with the 30-year and 15-year fixed rate mortgages dropping to 6.31% and 5.54%, respectively, nearly double last year.
Nearly half of young adults are living at home with their parents, spending more on luxury goods: report
Young adults are living with their parents to save on rent and are spending more on luxury goods, including higher-end clothing and expensive items, per a new report.
As US home prices decline, number of buyers with underwater mortgages swells
A number of consumers who took out a home mortgage this year are now underwater as rapidly rising mortgage rates drain demand from the housing market.
Despite cooling US housing market, Florida still top spot for Americans looking to move: study
Nearly a quarter of U.S. homebuyers are looking to move, according to a study from Redfin. States in the Sun Belt, such as Florida, are top destinations for the moves.
Mortgage rates decrease for a fourth week
The average long-term U.S. mortgage rate fell for the fourth week in a row and has fallen more than three-quarters of a point since hitting a 20-year high last month, according to mortgage packager Freddie Mac.
Professional musician, semi-retired, searches for peaceful country retreat outside St. Louis
On "American Dream Home" on Fox Business, Cheryl Casone introduces viewers to a man in St. Louis who wanted a peaceful country retreat even amid today's record housing prices and bidding wars.
US home prices tumble in September for third straight month
Mortgage rates that have doubled over the past year are sapping demand from the housing market, which saw prices decline for the third month in September.
NYC bill preventing landlords from performing criminal background checks gains traction
A bill being considered in New York City would prevent landlords from conducting criminal background checks on prospective tenants as crime continues to surge in the city.
New home sales unexpectedly climb in October despite steep mortgage rates
Mortgage rates have more than doubled over the past year, pushing many prospective homebuyers out of the market, even as home prices remain near a record-high.
Looking to buy a house? It's the worst time in decades to do so
U.S. consumers looking to buy a new home are facing the worst conditions in a generation as the Federal Reserve rapidly raises interest rates to fight inflation.
Investor home purchases tumble 30% as rising mortgage rates cool housing market
A new Redfin report showed that investor home purchases plunged in the third quarter of the year as higher mortgage rates rapidly slow the housing market.
Home prices could plunge 20% amid risks of 'severe' correction, Dallas Fed says
Fed policymakers need to thread the needle as they try to deflate the housing bubble without bursting it, the Dallas Fed said in a research paper this week.
Existing home sales drop for ninth straight month in October
Sales of previously owned houses fell in October for the ninth consecutive month as rising interest rates pushed potential homebuyers out of the market.
Housing starts fall again in October as high mortgage rates sap demand
Rising interest rates and stubbornly high prices are starting to cool the housing market, with new home construction in the U.S. plunging again in October.
Homebuilder sentiment falls sharply in November as higher mortgage rates bite
Builder sentiment in the market for single-family homes tumbled in November to the lowest level in 10 years, indicating the housing market is officially in a recession.
Housing agency reports record financial cushion as it braces for market downturn
The FHA doesn’t issue mortgages but insures lenders against losses. Borrowers can pay for insurance on mortgages with down payments of as little as 3.5%.
Mortgage rates climb back above 7%
Mortgage rates have seen record high's over the last 10 weeks, climbing to and the hovering around 7%. This week they climbed up to 7.08% doubling last year.
Confidence in US housing market hits a new low: Fannie Mae
Rising mortgage rates and high home prices have brought consumer confidence in the U.S. housing market to the lowest level in over a decade, according to Fannie Mae.
Best places to retire in the US updated as inflation woes persist: Which place is No. 1?
A new U.S. survey ranks the country’s 150 most populous metro areas based on things like health care, happiness and the No. 1 factor: affordability.


















