With borrowing costs remaining elevated, California existing-home sales registered the biggest monthly decline in the past year and dropped in November to the lowest level since 2007, reported the California Association of Realtors (C.A.R.).... Read more »
Autumn’s arrival means sweater weather, pumpkin flavored everything and getting the house ready for winter. Smart homeowners know that the perfect time to start preparing for cold weather is before the weather... Read more »
Pending home sales in October fell to their lowest level since 2001. As mortgage rates edged near multi-decade highs, pending home sales declined 1.5% in October on a month-over-month basis, according to... Read more »
Mortgage rates headed lower this week as the 10-year Treasury yield dropped below 4.3% for the first time since September, according to new data from Freddie Mac. The 30-year, fixed mortgage rate... Read more »
Let’s not sugarcoat it: 2023 was a bad year for the housing market. Mortgage rates eclipsed 8% at one point, inventory hit all-time lows, and home prices continued to climb. Next year,... Read more »
Renowned analyst Meredith Whitney, known for her astute predictions that foreshadowed the 2008 financial crisis, is making headlines again. This time, she is forecasting a significant shift in the real estate landscape.... Read more »