Rent vs. buy: Which makes more sense in this housing market?

aol.com When Greg Morano proposed to his girlfriend Kayla Lewis, he knew their next big decision as a couple was looming: should they rent or buy their first home together? The…

Middle-income buyers face the most severe housing shortage

cnn.com Middle income home buyers in the United States are finding little on the market to buy, even if they can qualify and afford a mortgage. These would-be buyers face the most…

The shortage of houses is hitting some people and areas harder than others

cnbc.com Even in a housing market that has slowed significantly due to rising mortgage rates, the supply of homes for sale is about half of what it was in 2019. The shortage is…

A family earning $75,000 can afford fewer than 25% of homes for sale. Five years ago, they could afford 50%

marketwatch.com American households earning the median wage are seeing the pool of homes they can afford shrink, according to a new report by the National Association of Realtors and…

Rundown Los Angeles House Over Public Bridge On Market For $250,000, Draws 40+ Groups At Open House

boredbat.com Los Angeles: The city of dreams, where $245,950 gets you an old one-bedroom apartment that sits over a bridge. Or tucked under, depending on where you’re standing. When…

Mortgage rates fall for the first time in three weeks

cnn.com Mortgage rates dropped this week after a three-week climb, as rates remain volatile amid conflicting economic indicators. The 30-year fixed-rate mortgage averaged 6.71% in…

A Los Angeles house that's badly in need of repairs and sits over a public bridge is on the market for $250,000. The agent said more than 40 groups showed up…

businessinsider.com When viewed from the side, the house looks like it sits over the bridge because of the concrete archway underneath it. Compass Real Estate An LA apartment that sits over a…

Mortgage demand drops again as interest rates remain elevated

foxbusiness.com A key measure of home-purchase applications fell again last week as consumer demand cooled in the face of higher mortgage rates. The Mortgage Bankers Association’s (MBA)…

House Down Payments Are Cheaper Than Ever, But You Pay the Price In Other Ways

thestreet.com People have been arguing about the correct amount to put in as a down payment on a house for decades. While 20% has long been the conventional number financial advisers…

U.S. Housing Is A Dead Man Walking (Update 2023)

seekingalpha.com If you appreciate this article please like, comment, and share. Thank you. Last year we wrote an article on housing titled U.S. Housing Is A Dead Man Walking. In it, our…

The surprisingly very long list of things your car insurance won’t cover

marketwatch.com This article is reprinted by permission from NextAvenue.org. A drunk driver plowed into Bryan Mark’s car last year, leaving it a total wreck. “I was lucky to walk away with…

These Five Cities Have A Lot Of Homes On The Market (This Should Worry You)

thestreet.com To find out the state of the housing market in one's area, one need only look at how many homes are springing. up on Zillow (ZG) - Get Free Report or Realtor.com. While…

US Housing Market: Supply is plunging & surging under high mortgage rates

markets.businessinsider.com Housing inventory is falling and surging in different parts of the US as higher rates distort the market. • A Realtor.com report found that home supply fell in 21 of the 50…

Your Basement Laundry Room Can Be Better

lifehacker.com After years of being relegated to the basement, laundry rooms have largely moved above ground in homes built over the last 25 or so years. But if your home was constructed…

A buyer shelled out $145,000 for a retro mobile home in California with rumored ties to 'I Love Lucy'

businessinsider.com The 336-square-foot trailer in Palm Springs, California, sold for $145,000 in May. Kelly Peak | Peak Photography A mobile home rumored to be used by Desi Arnaz as a makeup…

This city dodged the 2008 housing market crash

fortune.com As home prices started to boom in the early 2000s, housing speculators doubled down on fast-growing Sun Belt markets like Phoenix, Las Vegas, and Miami. Those speculators,…

Where Should I Retire?: We want to retire somewhere with pleasant winters. Our budget is $600,000-$700,000. Where should we go?

marketwatch.com We are looking to snowbird in about three years, and have about $600,000 to $700,000 to invest in a place to live. We won’t be there in deep summer, but are looking for mild…

Dave Ramsey Tells Homeowners With Debt How To Win The Game

thestreet.com Dave Ramsey, the author and radio show host, often extols the virtues of eliminating debt. It's one of the very first steps, he teaches, in getting a handle on money and…

Take a tour of the $23 million mansion that Derek Jeter and Tom Brady both called home and is now set to be demolished

businessinsider.com Realtor.com A Tampa-area mansion once owned by Derek Jeter called St. Jetersburg will likely soon be torn down. The 21,796-square-foot home, which was once rented to Tom…

This American Housing Market Is Crumbling

247wallst.com American real estate prices have been on a rollercoaster. Early in the pandemic, Americans became mobile. Some people who could work from home moved. Many relocated from…

Putin’s war on Ukraine is only costing a tiny sliver of Russia’s GDP

businessinsider.com Just like that we've made it to Friday. Phil Rosen here, writing to you just blocks away from the Federal Reserve building in Manhattan. This week we've gotten the biggest…

US mortgage rates climb to their highest level since November

cnn.com US mortgage rates jumped higher last week as uncertainty about the debt ceiling standoff sent bond yields rising. The 30-year fixed-rate mortgage averaged 6.79% in the week…

These U.S. cities have seen the largest drops in homes available for sale

cbsnews.com It's getting tougher for house hunters to find a home to buy, particularly in large cities, as the housing industry faces a dearth of inventory. The number of homes for sale…

Barbara Corcoran Predicts Rough Future For Real Estate Market

entrepreneur.com "Shark Tank" star and real estate mogul Barbara Corcoran issued a stark warning about the future of the commercial real estate market as buyers and sellers head into the…

America’s Hottest Housing Markets

247wallst.com The U.S. housing market has cooled considerably in recent months. Precipitated in part by rising mortgage rates, existing home sales totaled just 4.28 million in April 2023,…

The housing market faces a 'chicken and egg' problem that could mean home prices start to fall

businessinsider.com Getty Images / Scott Olson The US housing market faces a chicken and egg problem, according to Realtor.com. High mortgage rates are deterring buyers, and sellers who don't…

Mortgage rates are suring again

cbsnews.com 4 cities where it's cheaper to buy a home than rent Cities where it's cheaper to buy than rent Cities where it's cheaper to buy than rent Mortgage rates are climbing again,…

Mortgage rates are shooting up again, raising homeownership costs

yahoo.com Mortgage rates are climbing again, raising the cost of a home loan to its highest level in seven months. The average rate on a typical 30-year mortgage is now 6.91%, up from…

Home prices increase for the second month in a row

aol.com US home prices again increased month over month in March, according to two separate indexes, reflecting the continued inventory shortages stymieing homebuyers. The S&P…

The Cheapest City To Buy A Home In Every State

247wallst.com The first two years of the coronavirus pandemic had a profound impact on the U.S. housing market as Americans fled expensive, high-population areas to mid-sized cities or…

Photos: John Wayne’s former California ranch sells for $11.25 million

siliconvalley.com A sprawling Riverside County ranch once owned by Western film star John Wayne has sold for $11.25 million, down 6% from the initial ask. Located in Hemet, the 2,000-acre…

Mortgage demand plummets as interest rates soar near 7-month high

foxbusiness.com A key measure of home-purchase applications tumbled last week as consumer demand cooled in the face of higher mortgage rates. The Mortgage Bankers Association’s index of…

The Hottest and Coolest Housing Markets

thestreet.com There are glimmers of hope, but the housing market is still tough for hopeful homebuyers. The inventory of homes for sale is higher than last year, but still well below…

Blueground Doubles Size of Rental Platform With Nestpick Purchase

pymnts.com Furnished rental service Blueground says it has acquired fellow housing platform Nestpick. The move, announced Tuesday (May 30), creates an invite-only network of furnished…

The housing market is seeing a shift as landlords turn less aggressive

businessinsider.com Melia Robinson/Business Insider About 65% of US landlords plan to raise rents in the next 12 months, a new survey from Avail by Realtor.com showed. But that's down from…

Here's What Happens When You Go Against Advice and Buy a Beach Home With Friends

thestreet.com If you want to tie yourself up to someone despite a changing will, there is nothing quite like kids or real estate. While countless financial advisers will warn against…

Mortgage Rates Remain at Highest Level Since 2008

statista.com Mortgage rates in the United States remain at their highest level since 2008, as they climbed for the second consecutive week amid debt ceiling concerns. According to…

'A definitive recovery?' Home prices increase for the second month in a row

aol.com U.S. home prices again increased month over month in March, according to a widely watched index, reflecting the continued inventory shortages stymieing homebuyers. The S&P…

A family transformed a 1930s schoolhouse into an adorable cottage with an original cloakroom and chalkboard

businessinsider.com The schoolhouse-turned-home. Livingston Begy for Empire Realty Group A family renovated a 1930s schoolhouse in upstate New York into a charming little home. They planned to…

April Housing Sales Flat, Million Dollar Home Sales Plummeted

observer.com Sales for homes that were selling for $1 million or more fell drastically in April throughout the U.S., with the largest decline occurring in the West, compared to a year…

Top 10 Cheapest Beach Homes In America

zerohedge.com Top 10 Cheapest Beach Homes In America The 30yr fixed mortgage rate is back above 7% for the first time since early March. Housing affordability is the worst in decades.…

Here's Why People Are Fleeing These 7 Big US Cities

benzinga.com A new study has revealed that Americans are leaving major U.S. cities and moving to smaller towns. An Insider analysis of the U.S. Postal Service data shows where Americans…

The Cheapest Cities to Buy a Home

247wallst.com With mortgage rates at their highest levels in a decade and a half, the U.S. housing market is beginning to cool. According to the National Realtors Association, existing…

I sold my pricier home in Arizona and bought a $70,000 house in Kansas for peace of mind in my twilight years

businessinsider.com sold her condo in Arizona and moved to a two-bedroom home in Kansas, pictured here. Marcia Flanagan Marcia Flanagan, 72, lived in Arizona for 25 years but left after growing…

America’s Most Infamous Murder Homes

247wallst.com Many houses that become known as “murder homes” are quickly torn down because of the awful events that took place inside. But a few such homes remain standing and have taken…

These are the 10 cheapest places in the U.S. to buy a beach house

cnbc.com Realtor.com found the U.S. towns where buyers can find the most affordable homes near the water. Whether you're looking to purchase your first home or to invest in a rental…

People are fleeing these 7 big US cities and flocking to these 7 smaller spots so far this year

businessinsider.com Northbrook, Illinois, one of the top spots that people are moving to so far this year, US Postal Service change-of-address data indicates. elesi/Getty Images Some popular…

Scarce Housing Inventory Compounds Consumers’ Already Lowered Homeownership Expectations

pymnts.com Lately, it seems that just when things started to look more promising for those seeking to purchase a home, a new set of discouraging numbers gets released. The latest round…