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Are Adjustable Mortgage Rates a Good Idea?
Are adjustable rate mortgages a good idea? The risks are high — and so are the benefits in some cases. U.S. home prices hit an all-time high in May. Couple that with rising mortgage rates, and one study shows housing affordability has hit a 15-year low. This is why more Americans are turning to ARMs to lower their monthly payment,...
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Real Estate Real Talk: Market Deceleration
Inventory is on the rise. And so are mortgage rates. Los Angeles real estate agent Keri White joins Current to discuss the shifting factors slowing down the housing market.
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Basement-Only Illinois House Finds a Buyer
A home in suburban Illinois, which is almost entirely underground, sold last week after being on the market for just nine days.
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High Prices, Low Inventory & Extreme Measures: Sizing Up the Housing Market
Housing prices are through the roof! Since the COVID-19 lockdown, there’s been little inventory and high demand. Homes are selling about as fast as they are listed and many buyers are going to extreme measures to gain that winning bid. “Homes that I’m listing now are basically flying off the market in 24 to 48 hours,” says Joleen Rose, a...
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Navigating a Complicated Housing Market
The average 30-year fixed mortgage rate is above 5%, a big jump from a year ago, and this spring’s real estate market is expected to be red-hot.
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‘Worst House on Best Block' of San Francisco Sells for $2M
A decaying, 122-year-old property marketed as “the worst house on the best block” of San Francisco has sold for nearly $2 million
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Housing Help: Signs of Hope for Buyers
It’s still a seller’s market, but housing expert Genevieve Bothelo says there are signs of hope for prospective homebuyers as supply and demand for housing begins to shift.
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Four of the Nation's Top Housing Markets Are in New England
People are often priced out when trying to buy a home in an incredibly competitive housing market, but there are some local spots where you can get a deal. In fact, four places in New England made realtor.com’s list of 10 hottest zip codes in the country.
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Here Are the Hottest Zip Codes in New England's Housing Market
People are often priced out when trying to buy a home in an incredibly competitive housing market, but there are some local spots where you can get a deal. In fact, four places in New England made realtor.com’s list of 10 hottest zip codes in the country. Peabody, Massachusetts, ranked number three on the list, followed by Manchester, New...
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Hot Deal? Burned-Out Northern Calif. Home Lists for $850K
The burned husk of a home in Walnut Creek is listed for $850,000.
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With Housing Inventory Low, Buyers Will Continue to Pay More for Their Dream Home
The pandemic has boosted housing prices around the country, and experts don’t see any sign of things changing.
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Home Sales Dip for 3rd Straight Month, Adding to Sky-High Housing Prices
Sales of existing homes fell for the third straight month in April as the number of properties for sale hit a record low, driving prices to new highs.
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Navigating the Hot Housing Market, Whether You're Buying or Selling
As inventory drops and prices soar, Sue O’Connell sat down with Natalie Campisi of Forbes Advisor to talk about what both buyers and sellers should be doing right now.