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New home sales declined in November amid rising prices
By
Mike Wheatley
| December 26, 2021
Home Buying
,
Mortgage
,
US Real Estate
Economists blame low mortgage rates for rising home prices
By
Mike Wheatley
| October 21, 2020
Home prices have risen by double-digits in recent months, and that’s all the more bewildering during an economic crisis like the one we’re going through now. Experts say the reason could be the 30-year fixed-rate mortgage, which hit a record low average of 2.81% just last week. “The combination of what could be the lowest […]
Residential
,
US Real Estate
What Do Rising Prices Have To Do With A Housing Recovery? Nothing.
By
Donna S. Robinson
| February 12, 2014
In the wake of the housing market crash of 2008, those with a direct interest in the housing industry are bound and determined to to create a housing recovery, even if they have to make it up. I have in front of me at this moment, exhibit "A": A classic example of manufactured "evidence" that […]
Featured News
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Real Estate
,
US Real Estate
Fannie Mae Report Finds Higher Mortgage Rates Won't Affect Recovery
By
Allison Halliday
| July 29, 2013
According to a new report from Fannie Mae, the recent rise in mortgage rates is unlikely to have any significant impact on home prices. Researchers for Fannie Mae looked at mortgage rates going back more than 20 years, and found that although rising mortgage rates may affect the number of sales, they were unlikely to impact house prices.
US Real Estate
Brazil's Slums Are Running Out of Space
By
Tavis J. Hampton
| April 12, 2011
Middle and low-income buyers are in danger of being squeezed out of Brazil, due to the country's shortage of affordable housing. According to some estimates, Brazil needs at least 6 million more houses to accommodate its poor citizens. Shanty apartments cover the hillsides of the slums (or favelas) of Rio de Janero, and while some […]
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