Americans are ‘depressed’ about the real estate market: Kevin Hassett
Former Chairman of the Council of Economic Advisers Kevin Hassett discusses inflation and the real estate market.
High inflation has homebuyers relocating to more affordable areas in record numbers
In the first quarter, 32.3% of Redfin.com users nationwide looked to move to a different metro area, according to the technology-powered real estate brokerage.
Mortgage rates reach 5% for first time in over a decade
The average rate for a 30-year fixed-rate mortgage has reached a flat 5.00%, hitting a high not seen in over a decade.
Pandemic-driven demand for vacation homes dropped in March: report
In March, for the second month in a row, demand for a second abode dropped, all while mortgage rates continued to rise as well as loan fees for second homes, according to Redfin.
Housing market not dead despite rising mortgage rates: Portfolio manager
Advisors Capital Management's Joanne Feeney argues rising mortgage rates won't stop a strong housing market thanks to millennial demand.
Commercial real estate a 'safe haven' against inflation: Market expert
Alexandria Real Estate Equities Executive Chairman Joel Marcus says the current housing market reminds him of the 1970s.
Homebuilders have to meet 'strong demand' from millennial buyers: Market expert
Advisors Capital Management partner Joanne Feeney argues the housing market isn't dead despite rising mortgage rates.
Mortgage rate spike boosts ARM demand
With the rise in mortgage rates along with the Federal Reserve increasing rates to curb inflation, the MBA sees mortgage originations slowing.
Fed economists warn of 'brewing US housing bubble' as home values continue to soar
House prices are rising at an unsustainable pace, according to the Dallas Federal Reserve. However, a housing market correction in 2022 may not be as devastating as in previous years.
Canada bans foreign home buyers for two years to cool market
Canadian Prime Minister Justin Trudeau announced a two-year ban on foreign investors buying homes in Canada.
Housing market experts forecast limited inventory, high home prices through 2024: Zillow
A new Zillow survey of housing experts forecasts 9% national home price growth in 2022 due to high purchase demand and low inventory.
Real estate in Des Moines, Iowa: What you can get for $1M
The city is known both for its political significance and its high density of insurance company headquarters.
Home construction costs soar nationwide
Supply chain issues and rising construction costs prove that if you want to build your own dream home, now may not be the right time.
Home construction costs soar
If you plan to build your dream home, now may not be the best time, because of supply chain issues and rising construction costs.
Red-hot housing market can’t ‘possibly sustain itself,’ real estate agent warns
Redfin real estate experts warn of a hosuing bubble if high prices and demand rise with mortgage rates.
Hot real estate market can’t ‘possibly sustain itself’: Redfin agent
FOX Business’ Connell McShane speaks to Redfin real estate agent Ian Rubinstein about the competitive market amid highest 30-year mortgage rates in three years.
Soaring interest rates create 'barrier to the American dream': Former investment banker
Carol Roth, a former investment banker and author, argued that rising interest rates are creating a “barrier” for those pursuing the American dream.
'Wave of millennial buyers' flood the housing market amid record-high home prices: report
A new NAR report shows that amid soaring home sales prices and limited housing inventory, millennials are eclipsing the previous generations when it comes to home purchase trends.
Home prices surge in January after months of growth deceleration, data shows
Home prices surged in January ahead of the start of this year's spring homebuying season. Here's how homeowners can take advantage of their home's value.
NYC mayor using Florida billboards in attempt to reverse exodus
New York City Mayor Eric Adams calls out Florida's parental rights bills by launching an ad campaign luring Floridians to move to New York.