Real Estate

‘Parties and candidates who are vying for votes must step up and deliver the policies that will shift the dial on the housing crisis.’

Rates on the benchmark 30-year fixed mortgage have climbed above 7 percent amid tariff and bond market turbulence.

The 10-year treasury yield, which is directly proportional to mortgage rates, has been on the rise since April 4.

Demand is ‘returning to normal and new applications slowing’ now that buyers beating a stamp duty deadline have completed purchases, Halifax said.

Many baby boomers are purchasing homes entirely with cash, according to a real estate economist.

With 42 percent, baby boomers now make up the biggest generational group of homebuyers.

The report analyzed occupancy rates, vacancy duration, and renter competition.

The combined company will service more than $2 trillion worth of mortgages.

Affordability worsened in 97 percent of counties in the first quarter.

New Mexico surprisingly has highest uninsured rate at more than 23 percent.

Housing starts jumped by more than 11 percent on a monthly basis in February, suggesting robust construction activity.

The deal is expected to close in the second or third quarter of this year.

The sector is a key concern for financial stability, according to a Treasury oversight council.

Some parts of the United States have now become ‘fully fledged buyer’s markets,’ an economist says.

The Property Council says many Australian cities are heading for a rental crisis, while landlords in New Zealand’s largest city are offering sign-up incentives.

Some home buyers are paying up to half the cost of a house and land package in government taxes and fees, as high charges add to the housing crisis.

Delaware had the highest foreclosure rate in the country, followed by Illinois and Nevada.

‘I think sellers are also adjusting expectations as buyers become more price conscious,’ the president of the MetroTex Association of Realtors said.

Real estate developers are facing high material costs, labor shortages, credit issues, and other headwinds.

Observers believe that the deflation shadow is unlikely to dissipate for China, especially against the backdrop of a burgeoning trade war with Washington.