#realestate #housingmarket #housingcrash New housing data just released that shows home buyers who purchased a home in 2022 are now underwater in their property. The amount of home owners who have negative equity in their homes is now at record levels, significantly higher than compared to the previous housing bubble. Does this mean we are
Here’s a detailed look at our housing market as it stands right now. I discuss home prices, housing inventory, pending home sales, price reductions and much more. HINT: the number of cities in the US that experienced home prices decline from a year earlier doubled from last week. ➜➜➜ Get Connected To a GREAT Real
The U.S. Housing market has gone through some turbulent times lately. There is a lot of uncertainty among both industry insiders and consumers, and there is a lot of misinformation being spread as well. In tonight’s Tuesday Night Podcast, we are going to answer any questions you may have about where the market is going,
CNBC’s Diana Olick joins ‘The Exchange’ to discuss this week’s housing data, including new homes, interest rates, homebuilder earnings and forecasts. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/2NGeIvi » Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision » Subscribe to CNBC: https://cnb.cx/SubscribeCNBC Turn to CNBC TV for the latest stock market
Biggest news of the week: mortgage rates dropped to 6.3% on Thursday December 1st to the lowest levels seen since mid-September. On top of that, mortgage interest rates have fallen by one percentage point in the last month alone. This causes a 10% increase in buyer’s purchasing power and a savings of $215/mos on a
Mark Zandi, chief economist at Moody’s analytics, joins ‘The Exchange’ to discuss the government’s motion to backstop $1 million mortgages, the impact of Fed policy on the housing sector and the economic importance of the real estate market.
Mobile homes — one of America’s more affordable housing options — is now a target of investors. More than 22 million Americans live in them, but policy experts say they could face up to a 70% rent increase depending on the investor, giving most residents no choice but to find a new home. “In The
Even though mortgage rates are virtually unchanged from 2 months ago, the US housing market continues to slow. Additionally, home prices are getting very close to being in NEGATIVE territory for year over year price growth (i.e. the national median sold price this year getting close to being less than prices from a year ago).
Household debt soars at fastest pace in 15 years as Inflation boosts U.S. household spending. Home sales have dropped for nine straight months, driven by surging mortgage rates while investors’ home purchases drop 30% as Fed officials see smaller rate hikes coming ‘soon,’ minutes show. At the same time, Amazon Founder, Jeff Bezos urges consumers
Here’s a comprehensive look at early indicators of home buying activity so we can get a glimpse into the future of the US housing market in the weeks and months to come. In today’s video, I provide a mortgage rate update as well as real estate touring activity, mortgage purchase applications, brand new home construction
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Watch the next lesson: https://www.khanacademy.org/economics-finance-domain/core-finance/housing/home-buying-process/v/title-insurance?utm_source=YT&utm_medium=Desc&utm_campaign=financeandcapitalmarkets Missed the previous lesson? Watch here: https://www.khanacademy.org/economics-finance-domain/core-finance/housing/mortgages-tutorial/v/geometric-series-sum-to-figure-out-mortgage-payments?utm_source=YT&utm_medium=Desc&utm_campaign=financeandcapitalmarkets Finance and capital markets on Khan Academy: Buying a home involves a lot more than writing a check and getting keys. It could very well be the largest transaction that either the buyer or seller does in their life. Because that, it is
US Housing Markets Plateauing, Slowing, Falling to Obliteration: Housing Bubble 2.0 – Housing Crash With respect to the obvious change in the US Housing Market, every week se now see more information and analysis as to where the Housing market is headed in the future and where values and price points wi eventually end up.
Homebuilder cancellation rates for October surged to 26% compared with only a 7.9% cancellation rate one year ago according to John Burns Real Estate Consulting. Because the Census Bureau doesn’t account for these cancellations, the “sales” numbers of new home construction in the US are likely overstated. According to the Census Bureau, the number of