US Real Estate

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.

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.

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.

Mortgage rates are at the lowest level of the year.

While sales are expected to rebound this month, high mortgage rates will limit the upside potential for buying activity in 2025, said an economist.

‘This year, we’re predicting more moderate price gains, as we’re starting to see more inventory come onto the market,’ one expert said.

Four of the top five metros with the highest share of such home purchases last year were in Florida.