Weely Real Estate News
Chinese balloon prompts worries over foreign-owned farms in Utah, other states
The post Chinese balloon prompts worries over foreign-owned farms in Utah, other states appeared first on Weekly Real Estate News.
Month: February 2023
Housing Wire
Housing affordability ends 2022 at record low
Housing affordability hit a record low in the fourth quarter of 2022, according to the National Association of Home Builders/Wells Fargo Housing Opportunity Index released Thursday. At the end of the fourth quarter, the index […]
Housing
Where will US home prices drop in 2023? And where will home prices get even more expensive?
Home prices hit all-time highs in 2022, with the median price increasing by 50% from January 2020. High mortgage rates have slowed down the housing market considerably, with Redfin predicting that the median U.S. home price could […]
Housing
Real-estate investing in a down market: Strategies to use, how far home prices will fall, cities where prices are falling the most, which markets to invest in, and more
Home prices are on the decline after their pandemic-era melt-up. That’s bad news for current real estate investors, and probably good news for prospective ones. Here’s how to navigate today’s shifting market. After their historic […]
Housing
Is the housing market about to crash? Here’s what experts say
The last time the U.S. housing market looked so frothy was back in 2005 to 2007. Then home values crashed, with disastrous consequences. When the real estate bubble burst, the global economy plunged into the deepest downturn […]
Financial Markets
US equities slide as investors turn cautious on outlook for interest rates
US equities fell on Wednesday as investors turned cautious on comments from Federal Reserve officials that US interest rates would have to rise to combat inflation. The blue-chip S&P 500 ended 1.1 percent lower as […]
Weely Real Estate News
Buyers are getting more for their money as home shopping season approaches
Feb. 9, 2023 (Staff Writer)- Home buyers’ mortgage payments have started stretching a bit further in recent months, a new Zillow® analysis shows. As mortgage rates doubled last year, the home price afforded by […]
Weely Real Estate News
Homebuyer.com Ranks “Most Affordable Cities For First-Time Home Buyers” Using Real-Time Mortgage & Housing Data
Feb. 9, 2023 (Staff Writer)- Homebuyer.com, the mortgage company for first-time home buyers, ranks home affordability in more than 800 U.S. cities using real-time mortgage and housing market data. Using public and private data […]
Weely Real Estate News
A surge in mortgage rates and elevated home prices dampened California’s housing affordability in fourth-quarter 2022, C.A.R. reports
Feb. 9, 2023 (Staff Writer)- A rapid rise in mortgage interest rates depressed housing affordability in California during the fourth quarter of 2022 and pushed the statewide affordability index for an existing, single-family home to […]
Housing Wire
LauraMac completes its integration with LoanLogics IDEA
LauraMac, a provider of mortgage loan review SaaS technology, announced on Thursday that it has integrated with LoanLogics IDEA, an intelligent document processing and data extraction technology. The outcome of the integration between IDEA and […]