How assumable loans could help homebuyers in the DMV avoid high mortgage rates
Buying a new home in the DMV is tough these days with mortgage rates sitting over 7% — double where they were just two years ago. But there might be a way around the skyrocketing rates.
Mortgage rates reach highest level in over 20 years
Rates for a 30-year fixed mortgage now average 7.09%, the highest since 2002, putting further pressure on the cooling housing market amid high prices.
Real estate brokerage giant predicts 'tough' market for remainder of 2023
Redfin CEO Glenn Kelman said the real estate market is at a 'standstill.'
Homebuilder sentiment plummets as mortgage rates surge again
Builder confidence unexpectedly dropped for first time this year.
These four US cities face the biggest housing shortages
The U.S. housing shortage is worse in several cities that have experienced a booming labor market, strong population growth, and low housing inventory.
Home prices see sharpest rise since November even with lackluster demand
A typical home sold for about $382,000 during the four weeks ending on July 23.
Remote work could wipe out $800B from office building value by 2030
A survey estimates office attendance is about 30% lower than pre-pandemic level in "superstar" cities.
Monthly mortgage payments reach record highs in US
The median monthly payment for home purchase loans jumped 14.1% in May to an all-time high $2,165.
Homeownership is the new hot wedding gift
Newlyweds are asking for cash to help with buying their first house in lieu of more traditional wedding presents.
Home listings plummeted to record low in May: Redfin
A shortage in homes for sale is fueling bidding wars, experts say.
House hits the market on America’s oldest residential street for $500K
The property was built around 1728 – when the nation was still a colony.
Walt Disney's 'Storybook Mansion' is available for rent; here's how much it'll cost
Walt Disney lived in this beautiful home from 1932 to 1950 and it was in this home where he drew inspiration for the movie “Snow White" and classic characters such as Mary Poppins and Winnie the Pooh.
Private island for sale cheaper than average price of US home
The listing agency for the island says there's plenty of room to install a helipad and a swimming pool.
Rod Stewart lists Beverly Hills mansion for $70 million
Sir Rod Stewart's English country estate in the heart of Beverly Hills is up for sale to the tune of $70 million.
National Park Service offering historic Cape Cod dune shacks for lease, frustrating long-time occupants
The shacks are extremely rustic, most with limited running water and electricity, and most of current lessees use outhouses.
Housing market could tumble into a 'deep freeze' if US defaults on its debt
A new analysis from Zillow projected that home-buying costs could surge by a stunning 22% if Congress fails to raise the debt limit by June 1.
Renters get some relief as rent burdens plummet, but low-income families still struggle: new report
Renters in the U.S. are experiencing some relief from rental burdens, according to a new report by Moody’s Analytics. The number of metros experiencing higher rent burdens dropped 91% from last quarter.
Spring homebuyers to continue facing inventory woes
New home listings dropped 21.3% year over year nationwide.
The best time to sell your home is this week, data reveals
According to the research, the week of April 16-22 offers higher-than-average prices and a lower-than-average time on the market, while also offering a higher-than-average number of buyers.
Tech layoffs, high interest rates are having ‘serious impact’ on how people buy homes
Facebook, Twitter and other companies announced layoffs this year amid rising interest rates. Experts say it’s affecting both prospective homebuyers and sellers.