While some buyers have come to terms with 7% interest rates, the rate volatility is the factor with the biggest impact, an economist says.
Home prices in crypto-wealthy counties grew 43 basis points faster, pushing the median house price up by about $2,000 in 12 months.
UK house prices fell at the sharpest pace in eight months after the cost of mortgages crept higher, one of the country’s biggest lenders said.
Entering Trona from the South(c) Lisa R. Pruitt 2024 (February)The Los Angeles Times published a story last week on 10 California housing markets where the median home price is $150K or less. The one that jumped out at me was Trona, California, in the Searles Valley, which I recently passed through en route to Death Valley National Park. Southwest of Trona, near Searles Valley industrialinfrastructure (c) Lisa R. Pruitt 2024According to wikipedia, Trona is a town of 1900 residents in San...
The Nationwide says the average cost of a home was down 4% on the peak seen
London buyers are seeing the highest average difference in annual mortgage repayments, rising £7,500 pounds since 2021, the latest reading from property portal Zoopla has shown.
Barbara Walters' longtime New York City home was going to belong to someone new late last year -- but that sale fell through, and after a big price drop someone else has entered the chat. Real estate sources tell TMZ that the late news anchor's…
The stock market breathed a sigh of relief as Fed Chair Jerome Powell eased fears of interest rate hikes amid recent inflation surprises. The Fed now plans to hold rates steady longer to ensure inflation moves toward the central bank’s 2% target. In April, the labor market displayed some signs of cooling, with the pace […]
Want more stories from Lance Lambert’s ResiClub in your inbox? Subscribe to the free, daily ResiClub newsletter. On the company’s most recent earnings call, an analyst asked D.R. Horton CEO Paul Romanowski how the nation’s rising housing market inventory—which in March 2024 was 24% higher than March 2023, although still 37.7% below March 2019—are impacting the nation’s largest homebuilder. Romanowski acknowledged that there’s more housing market inventory today than there has been in the...
Fundamental Research set a C$8.95 price target on Builders Capital Mortgage (CVE:BCF – Free Report) in a research report report published on Tuesday morning, BayStreet.CA reports. The brokerage currently has a buy rating on the stock. Builders Capital Mortgage Stock Down 1.0 % BCF stock opened at C$8.56 on Tuesday. Builders Capital Mortgage has a […]
Inclusionary zoning is often so expensive that developers build less housing overall. Making it voluntary — and the incentives generous — would help.
The 32-year-old singer reportedly purchased the four-bed mansion in 2017 for about $9 million. The house was originally designed in 1965 by Rex Lotery - a well-known British architect born outside London. The mansion also has four bathrooms, formal entry hall, sleek step-down lounge and built-in bar