Housing affordability drops to the lowest level since 1984
It’s an unwelcome blast from the past — home buyers are facing the most unaffordable housing market since the 1980s, according to a new report....
Americans Begin to Feel the Sting of Fed Rate Hikes
Rising interest rates due to Federal Reserve’s decisions are straining American finances. Consumers face higher costs for home and car loans, and existing debts are...
A Housing Bust Comes for Thousands of Small-Time Investors: WSJ
They were offered the benefits of owning apartment-building rentals without any of the work, in real-estate investments that have already left some people empty-handed. [ad_2]...
Housing Is Turning Out to Be a Lousy Shelter for Investors
Apartments have been the second-worst performing type of real estate in the U.S. after offices over the past year. [ad_2] Source link...
How the Bank Mess Can Hit Home Buyers
Lenders probably aren’t going to be buying many mortgage bonds, which could put upward pressure on mortgage rates. [ad_2] Source link...
L.A.’s $100 Million Megamansions Are Getting Mega Price Cuts
Sellers are slashing prices for the area’s ultraluxury properties amid a broader slowdown, citing an impending new mansion tax and proposed restrictions on new construction A Bel-Air...
For Landlords, Rising Housing Costs Make It Harder to Earn Passive Income
Listen to article (1 minute) Many Americans dream the path to building wealth is like a trip around the Monopoly board, buying up properties that...
Investor Home Purchases Drop 30% as Rising Rates, High Prices Cool Housing Market
Real Estate Buying activity by companies fell in line with the decline in overall home sales amid higher borrowing costs [ad_2] Source link...
More Homeowners Using Helocs as Financial Safety Net
As high interest rates drive up the cost of borrowing money, more people are tapping the equity in their homes. Americans took out $66 billion...
Home-Price Growth Slows Under Tide of Rising Mortgage Rates
U.S. home-price growth slowed sharply in the third quarter, the National Association of Realtors said, as affordability remained near its lowest level in decades. [ad_2]...