Housing has a problem bigger than interest rates

thestreet.com The U.S. housing market remains perhaps the weakest link in the economy's surprise success story, as high mortgage rates and a dearth of new construction shut out new buyers…

Mortgage rates inch down for second straight week

aol.com The average 30-year fixed mortgage rate dropped closer to 7% this week, declining to 7.02% from 7.09% a week prior, according to Freddie Mac. Rates have declined for two…

The Companies Behind the Most Popular American-Made .22 Handguns

247wallst.com Consumer demand for handguns is surging in the United States. According to the Bureau of Alcohol, Tobacco, Firearms, and Explosives, American gunmakers produced nearly 21.4…

The Companies Behind the Best Selling, American-Made .22 Handguns

247wallst.com Consumer demand for handguns is surging in the United States. According to the Bureau of Alcohol, Tobacco, Firearms, and Explosives, American gunmakers produced nearly 21.4…

Unmarried millennials are twice as likely as boomers to buy homes solo

aol.com Millennials may be known as a generation of renters, but they've made significant home-buying inroads over the past few years, with more than half becoming owners. They're…

‘I’ve never even heard of someone doing that’: This Houston student paid his college tuition with 30% interest rate credit cards

aol.com With a student loan crisis brewing, many young Americans are seeking alternatives. However, 21-year-old Isaac from Houston, Texas decided the best alternative for him was to…

Major changes to housing market ahead

kptv.com A landmark settlement with the National Association of Realtors is bringing major changes to the housing market. It’s a decision that will change how you buy or sell a…

'Should I Buy All My Kids A House?' Widow Uncertain After Husband's Death, Asks Dave Ramsey About Purchasing Homes For Her 3 Adult Children

finance.yahoo.com During a discussion on the Dave Ramsey Show, titled "Should I Buy All My Kids A House?" a widow from Denver, Colorado, named Kay, shared her intentions to buy homes for her…

Housing market predictions for 2024

aol.com None Low levels of inventory mean that sellers continue to have the upper hand in the housing market. • None Mortgage rates have come down from their peak but are still…

How rich homebuyers are avoiding high mortgage rates

finance.yahoo.com The all-cash deal is back in vogue for homebuyers, a shift that favors the wealthy. Luxury housing markets in New York and Florida are boasting near record-high shares of…

Home prices soared in these US cities last year

newsnationnow.com Video above: What does it take to be “middle class” in America (NEXSTAR) – Despite persistently-high mortgage rates, home prices in U.S. metro areas continue to rise in…

Home prices are soaring. Is this another bubble?

abcnews.go.com "It's a strange market that seems like an anomaly," one expert said. Home prices are soaring. Is this another bubble? Roughly 15 years after a housing bubble triggered the…

10 U.S. cities where home prices increased the most this year

cnbc.com Home prices are on the rise again after declining for the second half of 2023, with 93% of all major metro areas posting gains so far in 2024, a National Association of…

US housing market to be upended this summer: What to know

newsweek.com The U.S. housing market is potentially facing the biggest overhaul in years this summer, as the powerful National Association of Realtors settles an antitrust lawsuit that…

Americans say it’s the worst time ever to buy a home

cnn.com Americans remain historically gloomy about the state of the housing market. Just 21% say it’s a good time to buy a house, according to a Gallup survey released Thursday.…

Why Americans Say It's the Worst Time Ever To Purchase a Home

cnn.com Americans remain historically gloomy about the state of the housing market. Just 21% say it’s a good time to buy a house, according to a Gallup survey released Thursday.…

Mortgage rates drop for the first time in five weeks with experts adjusting their forecasts

finance.yahoo.com The average 30-year fixed mortgage rate dipped back toward 7% this week, settling at 7.09%, according to Freddie Mac. This is the first time the weekly average rate has…

Some of the hardest working real estate agents are millionaires. Here’s how they get paid

fortune.com Hard work pays off in real estate—and yes, that pun was intended. Depending on your experience, market, and types of properties, agents can make hundreds of thousands of…

Florida house prices are falling in several cities

newsweek.com Home prices are once again on the rise across the country, and they only declined in 15 metropolitan areas in the entire nation during in the first quarter of 2024—including…

Real estate brokerages seek final approval of landmark settlements with home buyers

aol.com Three big real estate brokerage firms are heading to court Thursday hoping to finalize sweeping settlements that promise dramatic changes to real estate commissions across…

Home prices are falling in parts of Florida and Texas as buyers tap out and supply outpaces demand

businessinsider.com Home prices fell in several parts of Florida and Texas last quarter. Jessica Rinaldi/Reuters Home prices are falling in parts of Florida and Texas even as they soar…

House prices are surging in one state

newsweek.com Three of the four metropolitan areas that have experienced the biggest year-over-year median price increases in the first quarter of 2024 are in Illinois, according to a…

Overwhelming majority of US metro areas saw home prices increase in the first quarter of 2024

aol.com New data shows that over 90% of U.S. metro areas saw home prices increase in the first quarter of 2024, the National Association of Realtors said in a quarterly report…

Out of sight, out of mind: 1-in-4 home buyers don’t know how their real estate agent gets paid

aol.com Buying a home is the biggest financial decision many Americans ever make. And yet with so much at stake, countless buyers are closing deals with next to no understanding of…

10 real estate designations that help professionals stand out

fortune.com The value of differentiating yourself as a real estate professional should not be underestimated in an industry with so many different career paths. Specializing within the…

America’s realtor racket is alive and kicking

economist.com For five years homeowners have been waging war. They have railed against the extortionate fees charged by estate agents, known as “realtors” in America, which are enforced…

Single women are more likely to own homes than single men. Why?

aol.com None Data show that single women in the United States are more likely to own homes than their male counterparts. • None A recent LendingTree study found that about 13…

Redfin agrees to pay $9.25 million to settle real estate broker commission lawsuits

apnews.com Redfin has agreed to pay $9.25 million to settle federal lawsuits that claim U.S. homeowners were saddled with artificially inflated broker commissions when they sold their…

Renters' hopes of being able to buy a home have fallen to a record low, New York Fed survey shows

cnbc.com A sign advertising a home for sale is displayed outside of a Manhattan building on April 11, 2024 in New York City. The dream of home ownership has gotten even further away…

Return to the '70s? Today's housing market has echoes of dark era

finance.yahoo.com High inflation and a disappointing report on economic growth — followed by a sudden drop in stocks late last month — made for a familiar economic combination. These…

What exactly goes into closing costs?

aol.com Elevated interest rates and pricier listings have made it even harder to afford a new home. But there is an often-overlooked expense when buying a home: closing costs. These…

Who will be most impacted by the national Realtors lawsuit

axios.com The National Association of Realtors recently agreed to settle a big lawsuit that questions how real estate agents are paid — and who foots the bill. The big picture: If…