“The buyers are coming in because of the low interest rates – that’s the No ...View More
Back in April, when the COVID-19 data and unemployment numbers were at their worst, the housing bubble boys had a halfway legitimate 2020 housing market crash thesis. If unemployment rates had stayed between 20%-30%, the economic damage down to homeowners would have been epic. This could have led to ...View More
This story has been updated with reaction from industry trade groups.
The Federal Housing Finance Agency announced Tuesday it is postponing the date it will begin implementing its adverse market refinance fee to Dec. 1.
The FHFA directed Fannie Mae and Freddie Mac to delay the implementation date of ...View More
For the latest installment of @ The Market, @properties co-founders Thad Wong and Mike Golden took to the rooftop at Superior House, a new luxury condominium building in River North, to talk about a number of interesting real estate market trends. Watch the ...
Low housing inventory continues to drive higher home prices, with the average median home price climbing to a new high in July: $349,000. That’s 8.5% higher than last July, but when you consider the drop in housing inventory during the pandemic, it makes sense. In the nation’s ...View More
Mortgage rates fell to an all-time low on Thursday, according to the daily average tracked by Optimal Blue. The direction of interest rates this week will have a lot to do with what Federal Reserve Chairman Jerome Powell says at the end of the central bank’s policymaking meeting on ...View More