4 cities where or no longer it’s much less expensive to possess a home than rent
A new fable reveals or no longer it’s much less expensive to possess than rent in four principal U.S. metropolitan areas. Unique recordsdata from right estate brokerage Redfin came across…
Mortgage charges using lower housing present, slowing market
Rising mortgage charges are resulting in a reduction in houses in the marketplace. Rachel Siegel, an economic policy reporter for The Washington Put up, joins CBS Recordsdata to chat about…
Home flipping silent stylish, nevertheless earnings decline
Contemporary facts exhibits home flipping within the US is silent stylish, nevertheless final year the apply saw its lowest earnings since 2008. CBS MoneyWatch reporter Khristopher Brooks joins Errol Barnett…
Ability homebuyers build down payments on ice as mortgage rates upward thrust
Rising mortgage rates are pressuring some prospective homebuyers to verify the money they’ve saved up for a down charge off to the facet. CBS Recordsdata’ Elaine Quijano and Tony Dokoupil…
First-time homebuyers priced out as “starter homes” vanish from market
Once ubiquitous “starter homes” were disappearing from the U.S. market. Joseph Gyourk, a professor on the Wharton College of Commerce, joins CBS Knowledge to discuss the rising expenses and shortage…
Are runt one boomers pushing millennials out of the housing market?
Toddler boomers are outbuying and outbidding millennials within the U.S. housing market. Senior accurate estate reporter with Insider, James Rodriguez, joined CBS Information to interrupt down the trends amongst homebuyers….
How dwelling flipping is affecting the housing market
Condominium flipping across the U.S. is at its top ranges in greater than Two decades. Whereas investors are taking income of a white-sizzling market, dwelling investors are feeling a pinch….
Pending home gross sales dart in November
According to the National Realtor Affiliation, pending home gross sales declined by 4% in November. It is miles the 2d-lowest month-to-month studying in two decades. George Ratiu, a senior economist…
Mortgage applications plummet as pastime charges upward thrust
Daryl Fairweather, a prime economist for Redfin, joins CBS Records’ Errol Barnett and Elaine Quijano to unique what’s riding the decline in mortgage applications. She also discusses forecasts for the…
Rising tides could presumably maybe spoil pricey exact property
Hundreds of homes along Northern California’s costly shoreline could presumably maybe be at extreme possibility of flooding, in accordance to a fresh file from the Union of Involved Scientists. KPIX…