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The 10 cities where home prices are falling the most

businessinsider.com Home prices are falling in cities that saw large growth in recent years, according to Realtor.com. • High monthly payments have dampened buyer demand creating room for…

Want to live in London or New York? Good luck if you’re renting

cnn.com In May, Viveca Chow hurriedly transferred $3,700 over her phone while standing in the lobby of a building in Queens, New York. She made the upfront payment to secure an…

Buying a starter home is 60% more expensive than renting in most major cities, report shows

marketwatch.com Renters hoping to buy a house may be better off renting for longer, as the housing market remains frozen by elevated mortgage rates and prices. Aspiring homeowners were…

Affordability headwinds in the housing market will persist, economists say

foxbusiness.com The affordability headwinds in the housing market will likely continue as the Federal Reserve signals that interest rates will remain at a higher level longer than…

Demand for Existing Homes Falters Further. Price Cuts, Days on Market, New Listings Rise. Prices Languish below 2022 Peak

wolfstreet.com New listings rose in August, when they normally fall in August, an interesting break in the seasonal pattern. Let’s start with the median price, which in August was…

Fed decision to pause rate hikes offers no relief for mortgages: Freddie Mac

foxbusiness.com Chances of homebuyers finding some relief from record-high mortgage rates were dashed after the Federal Reserve restated its intent to keep to its strict monetary policy…

Where Should I Retire?: I want mild weather and a city where goats and chickens are allowed

marketwatch.com We own a home in the Sacramento region with $400,000 equity — we owe $255,000 on a home valued at $675,000. I can retire as early as 2029 with about $75,000 in a pension…

Fed’s Rate Decision Is Disappointing News

barrons.com In Wednesday’s meeting, the Fed voted to hold interest rates steady, but indicated that there will be another increase this year and that they expected only two rate cuts in…

This Pennsylvania trio bought a $100K abandoned school and turned it into a packed 31-unit apartment complex

aol.com There’s been plenty of talk about converting vacant office buildings into residential units. And recently a trio from Pennsylvania decided to get more ambitious, converting…

Existing home sales fall for fifth month as supply crunch worsens

foxbusiness.com U.S. existing continued to slide in August as a combination of steep mortgage rates and a worsening supply shortage squeezed would-be homebuyers. Sales of previously owned…

New report explains why October is the best time to buy a house

thestreet.com If you’ve been waiting on the sidelines to buy a house, the time to strike is near. Based on historical trends and current housing metrics, Realtor.com predicts that the…

Mortgage rates top 7% for the sixth straight week

finance.yahoo.com Mortgage rates increased this week, remaining over 7% for the sixth consecutive week. The 30-year average mortgage rate rose to 7.19% this week from 7.18% the week before,…

Housing economist warns of 8% mortgage rates after home sales disappoint

finance.yahoo.com Homebuyers made fewer deals in August as rough housing conditions persisted. That may get even worse, one housing expert said. Sales of previously owned homes declined 0.7%…

Home sales stick near recent lows in August, but prices continue to climb

cnbc.com A "For Sale" sign is displayed in front of a home in Arlington, Virginia, on August 22, 2023. Sales of previously owned homes fell 0.7% in August from July to a seasonally…

Fed likely to skip an interest rate hike, but high mortgage rates could be here to stay

foxbusiness.com The Federal Reserve is expected to skip another interest rate hike at the conclusion of its two-day meeting on Wednesday, but the much-anticipated pause may offer little…

Fed pauses interest rate hikes, but high mortgage rates could be here to stay

foxbusiness.com The Federal Reserve is expected to skip another interest rate hike at the conclusion of its two-day meeting on Wednesday, but the much-anticipated pause may offer little…

On Lake Tahoe, a Super-Exclusive Community Has the Country’s Most Expensive Mountain Homes

wsj.com Straddling the border between northern California and western Nevada in the Sierra Nevada range is Lake Tahoe, about two-thirds in California and one-third in Nevada. The…

Home prices hit record highs in August

bostonherald.com Home prices in Massachusetts hit record highs in August as limited inventory and higher mortgage rates continued their two-way squeeze on would be buyers. According to data…

Realtor.com: Lionel Messi scores luxe waterfront estate in Fort Lauderdale for $10.8 million

marketwatch.com After lighting up the MLS with Inter Miami, Argentinian futbol great Lionel Messi has made a big move—this time, off the pitch. The man widely considered soccer’s GOAT has…

Handwritten notes, flowers, text messages: What desperate wanna-be buyers and agents will do to get a house

marketwatch.com I live in Southern California, in a neighborhood less than a mile from the beach, on a tree-lined street with great public schools and neighbors who knock on each other’s…

The Cheapest City To Buy a Home in Your 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…

Mortgage rates inch up, lingering above 7%

cnn.com US mortgage rates ticked up this week, ending a two-week streak of slight declines. Rates have remained over 7% for five consecutive weeks as inflation pressure continues to…

This might be the most expensive thing in your retirement, and it's not your health

marketwatch.com You may figure it’s better to own your home than to rent when you’re retired. But then you get hit with an eye-watering bill for roof repairs. Or your condo board approves a…

The 10 best US cities for starting a family and raising kids while having access to healthcare and the outdoors

businessinsider.com A family Monte Sano State Park near Huntsville, Alabama. Jeff Greenberg/Contributor/Getty Images US News & World Report compiled the best places for families to live across…

Realtor.com: Chris Pratt and Katherine Schwarzenegger list their Pacific Palisades megamansion for $32 million

marketwatch.com Actor Chris Pratt—well known as Star Lord in the “Guardians of the Galaxy” movie franchise—is ready to launch from his posh Pacific Palisades pad. He and wife Katherine…

Why are home prices so expensive? Blame the boomers, Barclays says

aol.com U.S. home prices across the country are surging even with the astronomical rise in mortgage rates, putting ownership out of reach for millions of Americans. The spike in…

Realtor.com: Just Peachy! Melissa McCarthy’s lovely $4.9 million Atlanta spread is pending sale

marketwatch.com Funny lady Melissa McCarthy and actor/comedian husband Ben Falcone recently placed their Atlanta mansion on the market for $4.9 million. And already, the photogenic property…

Realtor.com: Patrick Mahomes takes another pass at selling his Kansas City penthouse

marketwatch.com Kansas City Chiefs quarterback and two-time Super Bowl champ Patrick Mahomes is trying again to find a buyer for his Kansas City, MO, penthouse. The asking price is…

Josh Allen and Pat Mahomes Are Among the NFL Stars Who Made Big Real Estate Moves in the Off-Season

barrons.com The NFL season is just kicking off, but some of its biggest players have been busy making real estate moves over the last few months. Whether they are playing for new…

Current Mortgage Interest Rates on Sept. 11, 2023: Benchmark Rate Increases

cnet.com While an important mortgage rate inched upward, rates had no specific trajectory over the last seven days. While 15-year fixed mortgage rates didn't fluctuate, interest…

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