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The Latest Breaking News from NAR

Realtors apologizing for past discrimination, urging change

When Abdul-Kaba Abdullah decided to sell his home two years ago, he listed the neatly-kept four-bedroom house at $175,000 based on pre-sale evaluations

The Independent UK

How much will a house cost by 2030? Predictions and tips to start saving

Just 17 percent of Americans believe it’s a good time to buy a home, according to a recent survey from Fannie Mae. Between higher mortgage rates, still-high home prices and broader inflationary pressure, putting off buying a home might be the only option for some. What happens if you wait,…

Tribune News Service

Dropping Home Sales Numbers May Mean The End Of Bidding Wars

The real estate market is churning again, and based on the latest home sales numbers from several sources, the end of private home bidding wars may be nearing its end.

Benzinga

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Toll Brothers Chills Guidance As Housing Market Cools

Toll Brothers reported fiscal third quarter earnings late Tuesday as the U.S. weathers a housing recession.

Investors Business Daily

American dream of owning a home out of reach for many in tight markets

Many middle- and lower-income Americans are left with a dwindling number of options or forced into renting while supply increases for the wealthiest buyers

The Guardian - US

More People Are Counting on This to be Able to Buy a Home

As home prices and interest rates rise, those hoping to buy are increasingly hoping something dramatic will happen.

The Street

Add Another Housing Bear -- Bank of America's Think Tank

The median sales price for existing homes reached $416,000 in June, jumping 13.4% from a year earlier.

The Street

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The Last Time the Housing Market Was This Slow, Bill Clinton Was President

Mortgage rates well over 5% have refinancing applications down 83% year over year.

The Street

Foreign Purchases of U.S. Homes Fall to New Low

Foreign purchases of U.S. homes slid for a fifth straight year as the pandemic continued to limit international travel and the dollar strengthened.

Bangkok Post

Texas home buyers are competing against investors across the globe

Texas is an epicenter for foreign investment in the U.S. housing market.

Tribune News Service

Housing Blues Continue to Play: Unaffordable Mortgages

'A typical U.S. first-time buyer now finds that owning a home is too expensive,' according to S&P Global Ratings.

The Street

Chinese Investors Buy $6.1 Billion Worth Of US Homes In Past 12 Months

For the first time in three years, activity from overseas real estate buyers has increased. During a time when the housing market is under incredible scrutiny and seeing astonishing prices, investors from China are gobbling up available homes.

Benzinga

US home sales fall again in June as prices hit new record

Washington (AFP) - US home prices hit another new peak in June amid short supply, while existing home sales fell for the fifth straight month amid the ongoing rise in mortgage rates, according to industry data released Wednesday.

AFP

Housing Market Takes Another Punch as Home Starts Fall

Soaring home prices and mortgage rates, combined with low supply, have put the kibosh on potential home buyers' hopes.

The Street

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Benzinga

Annual Foreign Investment In US Home Sales Up 8.5% To $59 Billion

Global investors are paying record prices for U.S. residential real estate. What Happened: According to new data from the National Association of Realtors, international buyers purchased $59 billion worth of U.S. residential properties between April 2021 and March 2022, up 8.5% from the same period one year earlier.

The Street

Home Shortage Plus High Rates Equals Housing Crisis

The biggest problems in housing seem to be soaring home prices and mortgage rates and low inventory.

The Street

Should You Buy or Should You Rent: Housing Woes

Overall home prices soared 20.4% in the 12 months through April, according to the S&P CoreLogic Case-Shiller Index.

Investors Business Daily

Should You Buy A House Now? Experts Weigh In On Pros And Cons

Rising borrowing rates are giving prospective homebuyers cold feet. But rates will almost certainly climb higher. Should you buy a house now?

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news in one place.

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The Street

Housing: Still in the Dumps, Despite Rays of Light

Pending home sales inched 0.7% higher in May from April, and new home sales rose as well.

Investors Business Daily

KB Home Beats, Following Lennar, But Notes Sales Slowdown

Homebuilder KB Home on Wednesday reported second-quarter earnings and a full-year outlook that beat expectations.

AFP

US home prices top $400,000 for first time, crimping May sales

Washington (AFP) - The median US home price broke above $400,000 for the first time, sending existing home sales in May falling for the fourth straight month, according to industry data released Tuesday.

The Independent UK

Home sales tumble again as mortgage rates surge

Sales of previously occupied U.S. homes slowed in April for the third month in a row as mortgage rates surged, driving up borrowing costs for would-be homebuyers as home prices soared to new highs

Tribune News Service

Double-digit home price gains are a national phenomenon

Across the country, 70% of metro areas experienced double-digit home price gains in the first quarter, according to a new report from the National Association of Realtors.

The Street

Buying a Home? It'll Cost You More. (When Will Prices Ease?)

The median price for single-family existing homes jumped 15.7% in the first quarter from a year earlier to $368,200.

Benzinga

Housing Beat: Mortgage Rates Stay Elevated, Profit Margins On Home Sales Down

Mortgage rates remained on the high side this week while pending home sales continued to decline and mortgage delinquency rates also recorded downward motion.

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