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The bleeding in the mortgage business appears to have slowed, following a sharp rise in mortgage rates postelection.
Since its creation in September, the S&P 500 real estate sector has been the market’s worst performer.
Since Trump’s victory, rising mortgage rates have made homes the least affordable since the Great Recession.
Home prices were 5.5 percent higher than September of 2015, up from the 5.1 percent annual gain in August.
A postelection spike in mortgage rates may have scared potential homebuyers into a contract before rates move even higher.
For those with more of a cushion, the rise in monthly payments is frustrating; for those on the edge of ownership, it can mean no deal.
HSH.com calculates the before-tax income required to buy a home in major metro areas.
Homebuilder sentiment held steady in November at 63 on the National Association of Home Builders/Wells Fargo Housing Market Index.
Voters going to the polls in Port St. Lucie, Florida, where 1 in 5 mortgages are still underwater, have their pocketbooks top of mind.
For an election supposedly based on the economy, housing policy has been egregiously absent from the rhetoric. Here’s what we do know.
In the past year, single women made up 17 percent of all homebuyers, purchasing at twice the rate of single men.
Fewer and fewer homes may be for sale, but where they are flying off the shelves is out West, according to new pending home sales.
Homebuyers were not enticed by lower mortgage rates last week, and the drop was not enough to boost refinances either.
Industrial real estate that houses pot production is in high demand, and is about to become the first opportunity for investors to get in on marijuana.
Housing starts fell sharply in September, but those drop belies a big improvement for the market, at least in this monthly read.