Coronavirus real estate market impact 2020. A new report takes a look at the stability of home prices and home sales in the U.S. after pandemics. Mortgage rates are nearing an all-time low and refinance activity is high, but home sales have slowed due to the coronavirus pandemic, according to a report by Freddie Mac. [...]
Where will your kids live after college graduation? Graduates are likely to move in with their parents or into a co-living space due to high housing costs. This spring, families all over the country are attending graduation ceremonies to celebrate the achievements of their college graduates. Graduates pushed through challenging coursework as they strived to [...]
How much home can you afford to buy? Not as much as last year, it turns out, as existing home sales fall due to affordability and lack of inventory. The National Association of Realtors reported that existing home sales declined 3.7 percent in February to a seasonally adjusted rate of 5.48 million units. Economists polled [...]
In a big surprise for the housing market, more American homeowners emerged from deeply underwater mortgages at the end of the year—about a million more than were even expected. During the course of 2013, 1.6 million homeowners moved away from being deeply underwater, which is when a home is worth at least 25 percent less [...]
Christmas Gifts: A Lump of Coal for the Housing Industry. Yesterday afternoon, I sat in on a conference call about covering the foreclosure crisis. But it wasn't so much a lesson in foreclosure journalism (if there's such a thing) as it was a discussion of where we are in the now four-year housing crisis with a dash of speculation as to when we might get out of here.
