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News
Interest Rates Are At a 20-Year High: What This Means for New Home Buyers
By
Catherine Tims
| August 28, 2023
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 […]
Home Buying
Home Equity Loans and Rates: Your Complete Guide to Exploring Options
By
Catherine Tims
| August 16, 2023
Home equity loans are a popular option for homeowners who want to tap into the equity they've built up in their homes. These loans allow you to borrow money using your home as collateral, and they can be used for a wide range of purposes, including home improvements, debt consolidation, or even paying for major […]
Real Estate Investing
Foreign Real Estate Investors in the US Housing Market Are Adjusting Their Strategies
By
Catherine Tims
| August 16, 2023
The US housing market has been on a tear in recent years, with home prices soaring and inventory levels plummeting. This has made it a challenging market for both domestic and foreign buyers, but foreign investors have been particularly hard hit, based on newly revealed research. International Buyers Activity Hits Rock Bottom In 2022, the […]
Housing
,
News
Wells Fargo Launches New Down Payment Grant Program to Help Lower-Income and First-Time Buyers
By
Catherine Tims
| August 14, 2023
The current economic landscape has put what seems like dozens of roadblocks in the way of anyone looking to make a property purchase. Rising interest rates and low inventory have been plaguing the US housing market for over a year at this point, and if you’re a first-time buyer or otherwise don’t have as many […]
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