So what’s next for the housing market as 2022 comes to an end? Will mortgage rates continue to rise? Will prices continue to fall?
The post ‘No One Wants To Catch a Falling Knife’: What To Expect in the Housing Market for the Rest of 2022 appeared first on Real Estate News & Insights | realtor.com®.
Category: first-time home buyer
The Number of First-Time Homebuyers Hits Record Low, Survey Finds
As prices soared to previously unimaginable heights, fewer first-timers were able to gain a toehold into homeownership.
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Mortgage Rates Just Hit a 20-Year High—and That’s Not the Scariest Part
The housing market is in a scary place these days, but if the COVID-19 pandemic has taught us anything, it’s that things can change quickly.
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Yikes! Every Time Mortgage Rates Rise, Buyers Need To Make This Much More To Afford a Home
Only 1 in 4 households can afford the median-priced home at current mortgage rates. Here’s how many more get locked out with every rate hike.
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Did Homebuyers Just Miss the Sweet Spot To Buy? Here’s What the Latest Statistics Say
The housing market is changing at such speed these days, buyers who’ve been hitting the snooze button may be kicking themselves right now.
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How Much Do You Need To Earn To Buy a Starter Home Across the Country?
Starter homes have become more expensive in recent years. This is how much buyers need to earn to purchase one in the 100 largest metros.
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The Housing Market Is Correcting—So Why Are Home Prices Still Soaring?
Home prices have continued soaring despite the housing market being in the throes of a correction. What’s going on?
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No Way! A Jaw-Dropping Look at How Inflation Has Jacked Up the Cost of Renovating a Home Today
Runaway inflation is making everything more expensive this summer, including home renovation, according to a Houzz & Home Survey.
The post No Way! A Jaw-Dropping Look at How Inflation Has Jacked Up the Cost of Renovating a Home Today appeared first on Real Estate News & Insights | realtor.com®.
Exclusive: Mika and Brian Kleinschmidt Reveal the Money-Saving Home Maintenance Move You Aren’t Doing
Looking to own a house on a budget? Brian and Mika Kleinschmidt of “100 Day Dream Home” share important tips to help you save some cash.
The post Exclusive: Mika and Brian Kleinschmidt Reveal the Money-Saving Home Maintenance Move You Aren’t Doing appeared first on Real Estate News & Insights | realtor.com®.
What More First-Time Buyers Are Planning To Do To Become Homeowners
First-time homebuyers are getting fed up with losing bidding wars—and many are taking steps to become more competitive in this cutthroat housing market.
The post What More First-Time Buyers Are Planning To Do To Become Homeowners appeared first on Real Estate News & Insights | realtor.com®.