US Housing Market Reaches a Turning Point on Mortgage Rates
A major shift is occurring in the US housing market, as the number of homeowners with mortgage rates over 6% now exceeds those with sub-3% rates.
#Housing Market#Mortgage Rates#Real Estate
#Homeownership
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Wall Street's Growing Stake in the US Housing Market
The U.S. is short 4 million homes, and private equity firms are buying them up. We explore how institutional investors are impacting the housing market.
#Housing Market#Private Equity#Real Estate
Alternative Mortgages Gain Attention Amid High Rates
New mortgage options like 50-year loans, assumable mortgages, and seller financing are gaining attention as traditional rates stay high. These alternatives aim to make homeownership more affordable bu
#Mortgage Rates#Housing Market#Homeownership
New York Home Down Payment Takes Decades to Save
New York residents face a daunting 23-year wait to save for a 10% home down payment, ranking the state third worst nationally for homeownership prospects due to high median home prices exceeding $550,
#New York real estate#homeownership#down payment
Housing Unaffordable for a Generation, Warns Top CEO
A leading real estate CEO warns that post-COVID economic policies have made housing unaffordable for an entire generation, with affordability now worse than 2006.
#Housing Market#Real Estate#Affordability Crisis
Finding Perspective in Real Estate
A Bay Area real estate professional reflects on the importance of perspective, contrasting the intensity of property deals with life-and-death legal battles, particularly those stemming from Californi
#Real Estate#Perspective#Three Strikes Law
Climate Disasters Threaten AANHPI Homeownership, Report Finds
A new report from the Asian Real Estate Association of America finds that an 83% increase in climate disasters since 1980 is threatening AANHPI homeowners.
#Real Estate#Climate Change#AANHPI
Florida's Homestead Exemption Explained
Florida's homestead exemption offers homeowners a way to lower property taxes by up to $50,000 in assessed value and protects their homes from most creditors.
#Florida Real Estate#Property Tax#Homestead Exemption
Investors Bought 25% of Philadelphia's Single-Family Homes
New research reveals corporate investors bought one-quarter of Philadelphia's single-family homes from 2017-2022, raising concerns about affordability.
#Philadelphia Real Estate#Corporate Investors#Housing Market
Mortgage Rates Fall Below 6.2 Percent
Mortgage rates have fallen to a one-year low below 6.2%, offering a key opportunity for recent homebuyers to refinance and save. Experts anticipate further drops, potentially below 6%, driven by Feder
#Mortgage Rates#Refinancing#Housing Market
Vacant Land Owners Face Growing Threat From Title Fraud
A surge in property scams is targeting vacant land, with criminals using sophisticated methods to illegally transfer titles and sell properties without the real owner's knowledge.
#Real Estate Fraud#Title Fraud#Property Scams
Experts Debate: Is Buying a Home Still a Good Investment?
A debate between a real estate mogul and financial advisors questions if homeownership is a wise investment or a costly expense in today's economy.
#Real Estate#Personal Finance#Homeownership