Housing market: Page 4

Business News

Mortgage Rates Are Above 6 Percent For The First Time Since 2008

As the Fed attempts to tame rampant inflation, mortgage rates hit new highs.

Business News

These Are the 10 Cheapest States to Buy a House in 2022, According to a New Report

Calculating home affordability can be tricky. However, this new report found the top 10 cheapest home buying states by using factors of average home prices, household income, and mortgage rates.

Business News

This Is the No. 1 U.S. City for Gen Z (Plus Other Honorable Mentions)

A recent CommercialCafe study ranked the 45 largest U.S. cities based on affordability, unemployment rate and other metrics.

Business News

'Where Does That Money Go?': A Look Inside New York City's Ruthless Housing Market

Finding quality housing in New York has never been easy. Now, it's harder — and more expensive — than ever.

Business News

This Is the Least Affordable City for Homeowners In the U.S. (And No, It's Not New York.)

A new study shows the most unaffordable cities in the U.S. in the current market.

Business News

Homebuilder Confidence Drops For 8th Consecutive Month, U.S. in 'Housing Recession'

The National Association of Home Builders/Wells Fargo Housing Market Index (HMI) dropped six points in August.

Business News

The Real Estate Housing Market Is Shifting: Too Many Homes, Not Enough Buyers

As mortgage rates surged, prospective homeowners were priced out. Now there are not enough buyers for an increasing number of homes.

Business News

New York Rent Reached Its Highest Levels, Ever. When Are They Expected To Go Down?

Average monthly rent breaks $5,000 in Manhattan for the first time in history.

Business News

'I'll Spend The Rest of My Life Wondering How I Could've Avoided These Layoffs': Real Estate Firms Attempt Damage Control

As the housing market slows, Redfin and Compass have decided to trim their workforces, making cuts of 8% and 10%, respectively.

Business News

MarketBeat Podcast: Making Money in the Red-Hot Housing Market

David Auerbach is an investor in the red-hot housing market. Only active pure-play residential ETF. There are many residential ETFs, but David's takes a unique approach, that eliminates the "noise"...

Business News

US Home Price Gains Slowed Again in October

Housing prices continued to rise in October, but at a slower rate than previous months, according to new data.

Business News

Mortgage Application Rates Down as Interest Rates Rise to Highest Levels Since July

Mortgage application rates in the United States fell by 1.1 percent last week driven by higher interest rate, according to the Mortgage Bankers Association (MBA) Composite Index.

Business News

Home Construction Slumps as Supply Constraints Weigh on Production

Housing starts fell 7 percent to a seasonally adjusted annual rate of 1.534 million units last month, according to a Commerce Department report.

Business News

Homebuilder Confidence Drops to 13-Month Low on High Material Costs and Surging Home Prices

The HMI index component that gauges current sales conditions fell five points to 81 in August, while the part that measures traffic of prospective buyers also recorded a five-point drop to 60.