Many are worried housing is overvalued and the market is at its peak. There are also fears the market could crash to correct high prices.
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Category: housing market
So Much for the Federal Reserve: Mortgage Rates Hit a High Not Seen Since 2000
Rates for a 30-year fixed-rate loan rose to its highest level since 2000, landing at an average of 7.31%, which will likely hit today’s shaky real estate market especially hard.
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First-Time Homebuyers Face Another Obstacle: Student Loan Repayments
Many first-time homebuyers might have to defer their dream of homeownership as student loan repayments come due.
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America’s ‘Inhospitable’ Housing Market Has Driven Buyers to One City That’ll Surprise You
According to a new Realtor.com report on America’s Hottest Housing Markets of August 2023, Rochester, NY, is popular due to its affordability.
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Atlanta’s housing market increases slightly in value
Atlanta’s housing market is currently valued at $717.8 billion, according to a new study by Zilllow. That places the metro at No. 17 in the U.S. — even as Atlanta shows year-over-year value gains.
The post Atlanta’s housing market increases slightly in value appeared first on Atlanta Agent Magazine.
Confused by the Housing Market? You’re Not Alone! We Explain the Head-Spinning Contradictions
What is going on in this contradiction-riddled housing market? There are so many factors keeping both prices and mortgage rates high.
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The Fed May Have Just Stopped Hammering the Housing Market—What That Means for Buyers, Sellers
The pain in the housing market isn’t expected to get much worse after the Federal Reserve chose not to hike interest rates this month.
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These Are the Riskiest Housing Markets in America Right Now
Some of the nation’s largest housing markets are the most vulnerable to a potential downturn, while others are on more steady ground.
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There Haven’t Been This Few Homebuyers in the Market Since 1996
The onerous combination of high mortgage rates and few homes for sale is keeping homebuyers out of the market.
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High Mortgage Rates May Be Here To Stay—at Least Through 2023
Mortgage rates might remain higher for longer. Inflation is higher than the Fed would like, increasing the odds it will hike its rates again.
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