Want more stories from Lance Lambert’s ResiClub in your inbox? Subscribe to the free, daily ResiClub newsletter. This week, researchers at the Federal Housing Finance Agency (FHFA) published a 52-page working paper titled, The Lock-In Effect of Rising Mortgage Rates. The FHFA researchers’ analysis reveals that the lock-in effect—where homeowners with lower mortgage rates are unwilling to sell and purchase another home at significantly higher mortgage rates—has resulted in 1.3 million...
The four-bedroom property also has a studio, a converted Wesleyan Chapel and a cottage
Prices start from £91,998 for a shared ownership home
Sales of existing homes made the biggest jump in a year last month on improved housing supply, according to industry data released Thursday, as mortgage rates held at slightly lower levels. Existing home sales advanced 9.5 percent in February from January to an annual rate of 4.38 million, seasonally adjusted,
It’s not munchkin land, but it may be close enough.
Yahoo Finance Live anchors Josh Lipton and Julie Hyman preview the top headlines to come for investors on Thursday, March 21, including earnings from companies like Nike (NKE) and FedEx (FDX), commentary from the Federal Reserve's Vice Chair for Supervision Michael Barr, and data prints on US existing home sales and PMI. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Luke Carberry...
Get this smart FHD Movie Projector with auto-focus for $285.99.
The Realtor Association of Pioneer Valley has released its report on the housing market for February.
A bid to build nearly 80 new homes on derelict land once used as a caravan sales site has been rejected amid concern over a loss of trees on the site. Plans for 78 new homes at the former Scotts Touring Caravans site in Mayfield, Dalkeith, were lodged by applicants Online Mayfield Scotland LLP with Midlothian Council. But at a meeting of the local authority’s planning committee this week, members voted to reject the proposals after officials said the land, which was not earmarked for housing,...
From a wisteria-clad grand house to a pretty cottage with roses as its theme Continue reading
House prices around the country spiked 1.8% between January and the end of March compared to the previous three months
Sales of new homes fell slightly in February, though January’s number was revised higher, the Census Bureau reported on Tuesday.The annualized pace of sales came in at 662,000 compared to the upwardly revised 664,000 in January, but February’s number was below the 675,000 forecast. On a year-over-year basis, sales are running 5.9% higher than in February 2023.The median price of a home sold dropped to $400,500 from $420,700. The mix of houses sold can affect the median selling price in any given...