When the pandemic gutted the economy, many assumed the recession would push home prices down. Instead, low mortgage rates have pushed homes prices higher.
The post Why Are Home Prices Rising So High? Blame Record-Low Mortgage Rates appeared first on Real Estate News & Insights | realtor.com®.
With no end in sight to the coronavirus pandemic and the job losses it has wrought, millions of U.S. homeowners are behind on their mortgage payments.
The post Caution: A Housing Crisis Could Be Coming for These 10 Cities appeared first on Real Estate News & Insights | realtor.com®.
The coronavirus pandemic has been blamed for hordes of folks trading the cities for the suburbs. But it didn’t create the trend—it only accelerated it.
The post Looking for a Home in the Suburbs? Good Luck, So Is Everyone Else appeared first on Real Estate News & Insights | realtor.com®.
Is the American dream reserved only for the richest 1%? Is homeownership becoming the ultimate luxury good? Or is it still within reach of first-time buyers?
The post First-Time Buyers, Beware: Homeownership Is Becoming a Tale of the Haves and Have-Nots appeared first on Real Estate News & Insights | realtor.com®.
The mortgage market recorded its best quarter in years this spring, a reflection of how the housing market is booming in 2020 even as much of the economy stumbles.
The post Mortgage Refinancings Boom, Even as Coronavirus Hits Economy appeared first on Real Estate News & Insights | realtor.com®.
The CDC order provides a declaration for renters to sign stating they are unable to pay rent and have sought government assistance.
The post Renters in U.S. Cannot Be Evicted Through the End of the Year Due to Coronavirus, CDC Order States appeared first on Real Estate News & Insights | realtor.com®.
California’s wildfires and the hurricane aimed at the Gulf Coast couldn’t come at a worse time as the nation grapples with a recession and deadly pandemic.
The post As Hurricane and Wildfires Threaten Homes, Coronavirus Complicates a Recovery appeared first on Real Estate News & Insights | realtor.com®.
Home prices have been defying logic, rising to record highs in the midst of the pandemic and a recession. Is the housing market overheating—and a correction looming?
The post Home Prices Are Still Shooting Up, but Is This a Bubble About To Burst? appeared first on Real Estate News & Insights | realtor.com®.