Ability homebuyers build down payments on ice as mortgage rates upward thrust

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

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?

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….

U.S. dwelling prices fall for 7th straight month

U.S. dwelling prices fall for 7th straight month

Original files presentations that U.S. dwelling prices fell 0.2% in January, the seventh consecutive month prices safe long previous down. Jason Lewris, the co-founder and head of Parcl Labs, joins…

Housing costs hover within the East while falling within the West

Housing costs hover within the East while falling within the West

There appears to be a rising geographic split within the U.S. housing change. A new document finds that dwelling costs are declining out West, while the market out East is…

Pending home gross sales dart in November

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…

Housing prices soaring higher than incomes in many parts of U.S.

Housing prices soaring higher than incomes in many parts of U.S.

Housing market cools amid top season

Housing market cools amid top season

Height homebuying season is arrive, nonetheless it would possibly well per chance presumably no longer be as fruitful for traders or sellers. Realtor.com govt files editor Clare Trapasso joins “CBS…

Mortgage applications plummet as pastime charges upward thrust

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…

Learn how to maneuver the housing market slowdown

Learn how to maneuver the housing market slowdown

Unusual dwelling gross sales declined yet again in January for the 12th straight month, to the lowest stage posted in better than 12 years. Veronica Dagher, a non-public finance reporter…