The average monthly mortgage payment jumped 54% year over year in June while the median household income rose only 5.8%, according to the National Association of...CONTINUE READING ARTICLE
Category - Housing Market
Homes Haven’t Been This Unaffordable Since 1989
August 26, 2022
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Housing Market
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Inching Closer to Recession
August 21, 2022
The U.S. gross domestic product contracted in the first quarter by 1.5%. The stock market has been tumbling. Inflation is stubbornly high. The Federal Reserve plans to continue raising...CONTINUE READING ARTICLE
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Housing Market
What Does the Rest of the Year Hold for Home Prices?
August 11, 2022
Whether you’re a potential homebuyer, seller, or both, you probably want to know: will home prices fall this year? Let’s break down what’s happening with home...CONTINUE READING ARTICLE
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Housing Market
FTC Fines iBuyer Opendoor $62M for ‘Tricking’ Sellers
August 5, 2022
The FTC alleges the iBuyer used “misleading and deceptive information,” and its sellers “made thousands of dollars less” than they could have via a traditional...CONTINUE READING ARTICLE
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Housing Market
Housing Market Forecast for the Rest of 2022
August 5, 2022
Some Highlights
- The housing market is shifting away from the intensity of the past two years. Here’s what experts project for the remainder of 2022.
- Home prices are...CONTINUE READING ARTICLE
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Housing Market