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Investor Home Purchases Drop 45% in Q2 2023

By Catherine Tims | August 30, 2023
Real estate investors are buying 45% fewer homes in the second quarter of 2023 than they were in the same period last year, according to a new report from Redfin. In fact, the report found that investors purchased 19% of all homes sold in the second quarter, down from 32% in the same period last […]
Housing

Dallas-Fort Worth Housing Market Shows Signs of Cooling, but No Bubble Burst

By Catherine Tims | August 30, 2023
The Dallas-Fort Worth housing market is showing signs of cooling, but there is no indication that the market's "housing bubble" has burst. So what’s behind this remarkable resilience, and what does the future hold for the DFW real estate market? The DFW Housing Market By the Numbers Dallas-Fort Worth has remained one of the “healthiest” […]
News

Interest Rates Are At a 20-Year High: What This Means for New Home Buyers

By Catherine Tims | August 28, 2023
Buying a home is a major financial investment at the best of times. Any purchase of hundreds of thousands of dollars - or sometimes much more, in certain situations - almost always requires either a sizable down payment or a long-term mortgage. In many cases, it means both, as this makes for more affordable monthly […]
US Real Estate

Northeast and Mid-Atlantic US Housing Markets Heating Up

By Catherine Tims | August 24, 2023
The real estate market in the Northeast and Mid-Atlantic US is red hot. Home prices are soaring, inventory is low, and competition is fierce, which means that while the rest of the country might be suffering, these regions are absolutely blazing right now. But what’s causing these massive bouts of activity, and which locations are […]
Housing

Rising Mortgage Rates Cool Western Massachusetts Housing Market

By Catherine Tims | August 21, 2023
Rising mortgage rates have begun to cool the western Massachusetts housing market, as buyers become more cautious about taking on larger monthly payments. The average interest rate on a 30-year fixed-rate mortgage has climbed above 7%, the highest level since 2007. This has made it more expensive for buyers to finance a home and has […]
Housing

The US Housing Market Recovers as Low Inventory Drives Up Prices

By Catherine Tims | August 21, 2023
The US housing market has been on a roller coaster ride in recent years, but it appears to be recovering in 2023. After a sharp decline in prices in 2022, home values have started to rebound. The main culprit behind this? Inventory levels are at an all-time low, and there doesn’t seem to be any […]
International, News

Country Garden's Financial Problems Could Impact International Housing Market

By Catherine Tims | August 18, 2023
China's largest property developer, Country Garden, is facing financial problems that could have a ripple effect on the international housing market. According to a recent New York Times article, the company has been struggling to sell homes amid a broader slowdown in the Chinese real estate market. This has led to a cash crunch, and […]
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