Housing – Page 17 – ReportWire

Gen Z, millennials are ‘house hacking’ to become homeowners in a tough market. How the strategy can help

[ad_1] A couple assembling furniture. Drazen_ | E+ | Getty Images Gen Z and millennials are “hacking” the housing market as high prices and interest rates...

Business1 year ago

‘To buy or not to buy, that is the question’: BofA reveals rent is cheaper than mortgages in all but two of 97 major metros

[ad_1] This housing market has Bank of America economists in a Shakespearean mood about the eternal debate: The slings and arrows of buying versus renting. In...

Banking1 year ago

Is portability the cure to the mortgage market’s woes?

[ad_1] The Federal Housing Finance Agency said it is not currently exploring the feasibility of portable mortgages, but the fringe idea — already present in Canada...

Business1 year ago

Wealthy six-figure earners who kept the economy chugging along are starting to pinch pennies, signaling the post-COVID spending boom may be over

[ad_1] Robust consumer spending by wealthier Americans has largely kept the American economy afloat and doing better than many economists had anticipated. Now, that spending could...

Real Estate1 year ago

Homebuyers can expect mortgage rates in the 6% range next year, says NAR’s Lawrence Yun

[ad_1] ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Lawrence Yun, National Association of Realtors chief economist, joins ‘Squawk Box’ to...

Real Estate1 year ago

Mortgage demand jumps to six-week high as interest rates continue to drop

[ad_1] Mortgage demand is finally crawling out of the basement as interest rates continue to move lower. Total application volume increased 3% last week from the...

Real Estate1 year ago

Three rentals and an ADU? A narrow two-story in Venice makes the case for building up

[ad_1] Walk past the street-facing 1990s duplex and beyond a 1920s Sears Roebuck kit bungalow, and an accessory dwelling unit, or ADU, rises before you at...

Business1 year ago

Housing math just isn’t mathing, a Fed president says, ripping into NIMBYism and homes that are ‘increasingly unattainable for too many workers’

[ad_1] The math isn’t mathing. Hopeful homebuyers earnings just aren’t adding up to the cost of housing—leaving people desperate to break into the market. You don’t...

Real Estate1 year ago

We need a lot further decline in rates to reignite the existing home market, says Ivy Zelman

[ad_1] ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Ivy Zelman, Zelman and Associates CEO, joins ‘Squawk Box’ to discuss the...

Real Estate1 year ago

Property Brothers: There’s still money to be made in the real estate business

[ad_1] ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Proper Brothers co-hosts Drew Scott and Jonathan Scott join ‘Squawk Box’ to...

Real Estate1 year ago

Homebuilder sentiment drops to lowest point in a year, but falling rates spur some optimism

[ad_1] High mortgage rates continue to weigh on the nation’s homebuilders, leading to an increase in price cuts to lure buyers. But builders are cautiously optimistic...

Real Estate1 year ago

Rocket Companies CEO Varun Krishna: Most of the players in real estate are ‘significantly under-penetrated’

[ad_1] Varun Krishna, Rocket Companies CEO, joins 'Squawk Box' to discuss mortgage demand, mortgage rate trends, the state of the housing market, impact of A.I., and...

Real Estate1 year ago

Mortgage demand climbs to the highest level in five weeks after interest rates move lower

[ad_1] Potential homebuyers attend an open house in Seattle. Mike Kane | Bloomberg | Getty Images Current homeowners and potential homebuyers are responding to lower mortgage...

Real Estate1 year ago

Cooler monthly inflation report pushes mortgage rates even lower

[ad_1] An aerial view of existing homes near new homes under construction (UPPER R) in the Chatsworth neighborhood on September 08, 2023 in Los Angeles, California. ...

Technology1 year ago

Will Airbnb’s co-founder build your next home? | TechCrunch

[ad_1] Welcome to the TechCrunch Exchange, a weekly startups-and-markets newsletter. It’s inspired by the daily TechCrunch+ column where it gets its name. Want it in your...

Banking1 year ago

Will the FHFA’s vision for the Federal Home Loan banks work?

[ad_1] Sandra Thompson, director of the Federal Housing Finance Agency, released a report Tuesday outlining potential changes to the Federal Home Loan Bank system — which...

Business1 year ago

Housing affordability is so strained that 1 in 5 couples ask for down payment cash on their wedding registry. Your friends and family would rather give you cash to go to Mexico

[ad_1] For millennials and Gen Z, the American Dream milestone of buying a home can feel hopelessly out of reach as mortgage rates hover around 8%...

Real Estate1 year ago

Homeowners associations can be a boon, or bust, for buyers. Here’s how to vet HOAs when house hunting

[ad_1] Miniseries | E+ | Getty Images Homebuyers are dealing with record-high costs this year amid interest rate hikes and shrinking supply. While shopping for homes...

Business1 year ago

Americans pay $100 billion in real estate commissions but get ready for a 30% cut on that, expert says

[ad_1] Home buyers and sellers had a big week. Significant changes to how—and how much—they pay real-estate agents became more likely after a $1.8 billion verdict...

Breaking News1 year ago

These are the most expensive ZIP Codes in the U.S. for house shoppers

[ad_1] Where are home buyers paying the most? Mostly on the coasts, according to a new report. Based on a ZIP Code–level analysis of closed home-sale...