Newsfeed: Weekly mortgage demand from homebuyers tumbles 12%, as higher interest rates take their toll
Mortgage rates actually fell slightly last week, but the damage has already been done to housing affordability.
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real estate investing
Newsfeed: US Housing Starts, Permits Plunge In April As Mortgage Rates Soar
Following March’s modest rise in Housing Starts and Permits, analysts expected reality to catch up with the homebuilder market in April (just as we saw in the NAHB sentiment survey slumping to 2 year lows).
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Newsfeed: Jacksonville Shows Florida’s Real Estate Heat
When looking at the Florida real estate market, many eyes drift to the southern part of the state. NAI Hallmark managing partners Keith Goldfaden and Christian Harden say there’s another “fast-growing, dynamic city that’s become a hotbed for real estate investment” due to a business-friendly environment, skilled employee base, strategic location for logistics, and—what can be a rarity these days—available land, and it’s in the north. It’s Jacksonville.
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Newsfeed: Homebuilder Sentiment Slumps In May Amid “Growing Challenges” In Housing Market
The NAHB survey of homebuilder sentiment fell for the 5th straight month in May to its lowest since June 2020… but has a long way to go to catch down to homebuyer sentiment…
Newsfeed: Fed’s Powell vows to raise rates as high as needed to kill inflation surge
Federal Reserve Chair Jerome Powell on Tuesday pledged that the U.S. central bank would ratchet interest rates as high as needed to kill a surge in inflation that he said threatened the foundation of the economy.
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Podcast: Stepping Up to Bigger Deals
A lot of folks get started in real estate investing with “little green houses” … Buying single family homes here and there … Slowly building up a portfolio and watching equity happen.
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Newsfeed: Stagflation Risks Are Again Clouding a Global Market Rebound
Fresh signs that major economies are slowing even as prices shoot higher cast a shadow over a nascent risk rally in global markets, just hours into the start of the new trading week.
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Newsfeed: Curveballs In The Housing Bubble Bust
All these curveballs will further fragment the housing market. Oh for the good old days of a nice, clean housing bubble and bust as in 2004-2011: subprime lending expanded the pool of buyers …
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Newsfeed: $11 Trillion and Counting: Global Stock Slump May Not Be Over
A mass exodus of money, an $11 trillion wipeout, and the worst losing streak for global stocks since the 2008 financial crisis. The bad news is that it may not be over yet.
Newsfeed: $11 Trillion and Counting: Global Stock Slump May Not Be Over Read More »
Newsfeed: US Mortgage Rates Rise for the Ninth Time in Ten Weeks
In the week ending May 12, mortgage rates rose for the ninth time in ten weeks. 30-year fixed rates rose by three basis points to 5.30%. 30-year fixed rates jumped by 17 basis points in the week prior.
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