Existing-home sales decreased by 2.4% from March and 5.9% from the year before as declining affordability continued to put off homebuyers, according to the National Association of Realtors Existing-home sales declined for the third-consecutive month in April, decreasing by 2.4 percent from the previous month and by 5.9 percent from the year before as homebuyers … Read more
Zillow Senior Economist Jeff Tucker is skeptical that a housing bubble is looming, but he worries such talk could hurt future buyers in need of homebuilders to continue producing new inventory What started out as a rather staid academic exercise ended up turning heads across the real estate industry with its rather bold conclusion. We … Read more
Worried about a housing market correction wreaking havoc on your real estate investments? Look to buy properties at a discount during downturns, and hold them as income properties for the foreseeable future. Once housing markets pick up steam again, you can reassess your options. Between high inflation, rising interest rates, recession fears, and a stumbling … Read more
While rising mortgage rates add a new layer of stress to buyers, fewer bidding wars can counterbalance affordability. First-time home buyers Courtney Culbreath and her husband, Tyler Graham, say they’ve been helped and hurt by the fast-moving housing market that is simultaneously cooling down soaring demand yet ratcheting up mortgage rates, which had been rock … Read more
If you have ever watched a home improvement show, you know a lot goes into flipping a property to turn a profit. You might also think that all flips or investment properties will be successful in making money, but that’s not always the case. Affordability, financing and the expected return on investment are key factors … Read more
After a brief dip below 5 percent for the first time in four months, the 30-year fixed rate shot above that level this week. According to the latest data released Thursday by Freddie Mac, the 30-year fixed-rate average jumped to 5.22 percent with an average 0.7 point. (A point is a fee paid to a … Read more
How each generation thinks about building credit and wealth varies, particularly with respect to homeownership. Homeownership is a lifelong journey that looks different for everyone, especially depending on your stage of life and financial goals. How each generation thinks about building credit and wealth varies, particularly with respect to homeownership. Retirement, student loan debt and … Read more
Overwhelmed with rentals? Here’s everything you need to know about finding a property management company that can meet your needs and makes your life easier. In a shifting real estate market, the guidance and expertise that Inman imparts are never more valuable. Whether at our events, or with our daily news coverage and how-to journalism, … Read more
Rising mortgage rates. Faltering home sales. Skyrocketing rents. Here’s how to make sense of a baffling real estate market. After a two-year boom, the United States housing market finds itself at a pivotal moment — but pivoting to what, exactly? This spring should have been a busy time for home sellers. Instead, the season was … Read more
Rarely have so many Americans gained so much equity in so little time, but it’s also inseparable from the housing affordability crisis. Over the past two years, Americans who own their homes have gained more than $6 trillion in housing wealth. To be clear, that doesn’t mean homebuilders have transferred to buyers $6 trillion worth … Read more
