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Real Estate
A bipartisan bill that cleared the House last week would let first-time homebuyers pay a bit less at closing if they go through homeownership counseling.
The dollar volume of homes purchased by foreigners from April 2018 through March 2019 dropped 36% from the previous year, according to the National Association of Realtors.
The nation’s homebuilders should be ecstatic, given the supply of existing homes for sales and falling mortgage rates. Instead, they continue to be just cautiously optimistic, due to several roadblocks in their business.
In the housing sector, we may see bidding wars because the supply of homes for sale could be decreasing in the near future. Our Diana Olick has more for us.
People starting out their careers in expensive cities are used to sharing apartments. Now, they’re sharing rooms.
Last month, when Google said it was investing $1 billion to build 20,000 Bay Area homes over the next decade, it seemed like a generous investment — and compared to what other companies have given, it is.
Diana Olick explains about the shift that’s underway in the housing sector and how this change may be a problem for buyers.
Competition in the housing market finally began to cool this year, as listings multiplied and price gains moderated. Bidding wars became less frequent and spring sales perked up a bit. Well, forget that. The heat is on yet again.
Where you live can have a big impact on whether you’re able to amass a security nest egg.
Experts generally recommend you have at least six months’ cash on hand in case you lose your job or have a medical or other emergency.
Apartment demand in the second quarter of this year spiked 11% from a year ago.
We have seen a spike in demand for apartment rentals. Why is that? Diana Olick explains.
Total mortgage application volume was essentially flat last week compared with the previous week, according to the Mortgage Bankers Association’s seasonally adjusted index.
The U.S. trade war with China is also affecting the real estate market. Chinese buyers are slowing in demand. Diana Olick reports.
A Federal Reserve economist says the current housing backdrop is similar to recent economic slumps, with several metrics “consistent with the possibility of a late 2019 or early 2020 recession.”
Is now a great opportunity to refinance your mortgage? Diana Olick breaks down the housing numbers for us.
