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  • [ December 21, 2024 ] Retail Chain Party City is Going Out of Business Weely Real Estate News
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Real Estate
International

Real Estate Prices Continue to Rise on Costa del Sol, Attracting US and Foreign Investors

May 25, 2023 Mark Paul Cervantes Comments Off on Real Estate Prices Continue to Rise on Costa del Sol, Attracting US and Foreign Investors

Even the rise in interest can’t cool down the hot Real Estate market in Costa del Sol. Sales are a little less but prices continue to rise. MARBELLA, MALAGA, SPAIN, May 25, 2023/EINPresswire.com/ — Costa […]

Prices
Top News

Prices and sales slip as housing market cools

May 17, 2023 Mark Paul Cervantes Comments Off on Prices and sales slip as housing market cools

In “The Shawshank Redemption,” escaped convict Andy Dufresne writes his recently paroled best bud Red that “hope is a good thing, maybe the best of things, and no good thing ever dies.” For prospective home buyers, […]

Mortage News

Inventory Woes Help Boost Home Prices in March.

May 4, 2023 Mark Paul Cervantes Comments Off on Inventory Woes Help Boost Home Prices in March.

While home prices continue to fall on an annual basis, new data from Black Knight indicates that the trend may not continue beyond the short term. The company’s March Mortgage Monitor shows its seasonally adjusted […]

real estate
Housing

Tampa Bay home sales are down. Why are real estate prices still rising?

April 28, 2023 Mark Paul Cervantes Comments Off on Tampa Bay home sales are down. Why are real estate prices still rising?

This time last year, it seemed like the whole country was caught up in a home-buying frenzy. But thanks to high interest rates and stubborn inflation, “the housing market is pretty much on ice,” said […]

Dollar
Economy

Dollar dips as producer prices cool, euro hits one-year high

April 14, 2023 Mark Paul Cervantes Comments Off on Dollar dips as producer prices cool, euro hits one-year high

The Dollar fell to a two-month low against a basket of currencies and a one-year low against the euro on Thursday after U.S. producer prices unexpectedly fell in March, boosting expectations that the Federal Reserve […]

Housing Bubble

US home prices just did something they haven’t done since 2012

March 6, 2023 Mark Paul Cervantes Comments Off on US home prices just did something they haven’t done since 2012

The post US home prices just did something they haven’t done since 2012 appeared first on Weekly Real Estate News.

home
Housing

U.S. home prices to fall 4.5% in 2023 despite higher rates: Reuters poll

March 2, 2023 Mark Paul Cervantes Comments Off on U.S. home prices to fall 4.5% in 2023 despite higher rates: Reuters poll

BENGALURU, March 2 (Reuters) – U.S. home prices are forecast to decline modestly this year and by less than previously thought as demand has declined only slightly despite expectations that interest rates have further to […]

Mortage News

Home Prices Continued Moderate Pace of Correction in December

February 28, 2023 Mark Paul Cervantes Comments Off on Home Prices Continued Moderate Pace of Correction in December

FHFA and S&P Case Shiller each released their monthly home price indices (HPIs) for December this morning.  These are the two most widely followed HPIs. FHFA has a broader reach while Case Shiller is focused […]

Weely Real Estate News

How low will house prices go? Lessons from UK, US, Europe and elsewhere

February 27, 2023 Mark Paul Cervantes Comments Off on How low will house prices go? Lessons from UK, US, Europe and elsewhere

The post How low will house prices go? Lessons from UK, US, Europe and elsewhere appeared first on Weekly Real Estate News.

Weely Real Estate News

Home Prices Just Hit the Skids: ‘The Balance Is Shifting’

February 25, 2023 Allen Santos Comments Off on Home Prices Just Hit the Skids: ‘The Balance Is Shifting’

The post Home Prices Just Hit the Skids: ‘The Balance Is Shifting’ appeared first on Weekly Real Estate News.

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U.S. Market

Rocket
Housing Wire

Rocket lost money last year, so why are its shares up?

February 25, 2024 Comments Off on Rocket lost money last year, so why are its shares up?

​ Rocket Companies, the parent of Rocket Mortgage, lost money in 2023, but executives have expressed confidence about a big turnaround by touting investment in artificial intelligence (AI) to accelerate the company’s profitability. Despite reporting […]

delinquency rates
Housing Wire

Industry experts are closely watching delinquency rates, insurance costs

February 25, 2024 Comments Off on Industry experts are closely watching delinquency rates, insurance costs

​ Mortgage servicers, regulators and economists are closely watching the delinquency rates for Federal Housing Administration (FHA) loans following a spike in the fourth quarter of 2023. Industry experts say that although there’s a correlation […]

Jobs
Economy

Jobs data sends mortgage rates higher

February 3, 2024 Comments Off on Jobs data sends mortgage rates higher

​ Today we got a jobs Friday hat trick! Better headline jobs were reported, with positive revisions and more robust wage growth, which caught bond traders off guard and sent bond yields and mortgage rates […]

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