Prospective homebuyers put down funds on ice as mortgage charges upward thrust
Rising mortgage charges are pressuring some prospective homebuyers to position the money they’ve saved up for a down price off to the facet. CBS News’ Elaine Quijano and Tony Dokoupil…
Read More »
First-time homebuyers being priced out of market
First-time homebuyers made up the smallest shopping for share ever at glorious 26% final year with the milestone turning into extra and extra out of attain for plenty of young…
Read More »
First-time homebuyers priced out as “starter properties” vanish from market
As soon as ubiquitous “starter properties” had been disappearing from the U.S. market. Joseph Gyourk, a professor on the Wharton Faculty of Industry, joins CBS Knowledge to boom referring to…
Read More »
More cost-effective to rent than aquire in most predominant U.S. cities
With mortgages on the upward push, it has turned into more inexpensive to rent a house than to maintain one in forty five of the 50 finest cities in America….
Read More »
U.S. mortgage charges attain 20-year excessive
U.S. mortgage charges reached a 20-year excessive because the Federal Reserve continues to raise hobby charges to grab a see at to tame inflation. CBS News’ Errol Barnett and Elaine…
Read More »
Sizzling pandemic housing market ends in increased costs, bidding wars
ABC Info’ Elizabeth Schulze reviews on how the high search knowledge from within the housing market sparked by the pandemic is pricing out some doable homebuyers.
Read More »
Sellers making concessions to score homes off the market
While mortgage rates are excessive, many folks trying to sell homes are making concession in utter to score properties off the market. Taylor Marr, deputy chief economist at Redfin, joins…
Read More »