Real Estate

Fed’s biggest rate hike since 1994 means millions more homebuyers may be priced out of the housing market: ‘Desperate times call for desperate measures’Fed’s biggest rate hike since 1994 means millions more homebuyers may be priced out of the housing market: ‘Desperate times call for desperate measures’

Fed’s biggest rate hike since 1994 means millions more homebuyers may be priced out of the housing market: ‘Desperate times call for desperate measures’

[ad_1] Pity those first-time house buyers. On Wednesday, the U.S. Federal Reserve raised the benchmark interest rate by 75 basis…

3 years ago
Real estate firms Compass and Redfin announce layoffs as housing market slowsReal estate firms Compass and Redfin announce layoffs as housing market slows

Real estate firms Compass and Redfin announce layoffs as housing market slows

[ad_1] A Redfin Corp. 'For Sale' sign stands outside of a home in Seattle, Washington.David Ryder | Bloomberg | Getty…

3 years ago
What the chief economist National Association of Realtors thinks of the housing marketWhat the chief economist National Association of Realtors thinks of the housing market

What the chief economist National Association of Realtors thinks of the housing market

[ad_1] In this series, we ask a variety of real estate economists what they think buyers and sellers should know…

3 years ago
Mortgage prepayments have fallen 62% from a year ago. This is what that says about the housing market.Mortgage prepayments have fallen 62% from a year ago. This is what that says about the housing market.

Mortgage prepayments have fallen 62% from a year ago. This is what that says about the housing market.

[ad_1] Ultimately, as long as buyers are able to keep up with their regular monthly payments, fewer people making extra…

3 years ago
Forget Caesars, MGM, Consider This Las Vegas Strip StockForget Caesars, MGM, Consider This Las Vegas Strip Stock

Forget Caesars, MGM, Consider This Las Vegas Strip Stock

[ad_1] Las Vegas offers the promise of getting rich. In most cases, that's a false promise as the house usually…

3 years ago
Salesforce stock rallies on earnings beat, raised outlookSalesforce stock rallies on earnings beat, raised outlook

Salesforce stock rallies on earnings beat, raised outlook

[ad_1] Salesforce Inc. shares rallied in the extended session Tuesday after the cloud-based customer-relationship-management company topped Wall Street estimates for the quarter…

3 years ago
Good news for home buyers? Fannie Mae chief economist says the U.S. housing market has finally turned a corner. Here’s why.Good news for home buyers? Fannie Mae chief economist says the U.S. housing market has finally turned a corner. Here’s why.

Good news for home buyers? Fannie Mae chief economist says the U.S. housing market has finally turned a corner. Here’s why.

[ad_1] The inventory shortage, high prices and rising interest rates have finally bitten. Single-family home sales fell sharply by 16.6%…

3 years ago
New home sales plunge as high prices and rising U.S. mortgage rates discourage buyersNew home sales plunge as high prices and rising U.S. mortgage rates discourage buyers

New home sales plunge as high prices and rising U.S. mortgage rates discourage buyers

[ad_1] The numbers: Sales of new homes in the U.S. fell in April for the fourth month in a row…

3 years ago
The housing market resembles 2007—these 3 interactives show if your local home prices are ‘overvalued’The housing market resembles 2007—these 3 interactives show if your local home prices are ‘overvalued’

The housing market resembles 2007—these 3 interactives show if your local home prices are ‘overvalued’

[ad_1] Fortune reached out to Moody's Analytics, CoreLogic, and the Real Estate Initiative at Florida Atlantic University to get their…

3 years ago
Walmart, Moderna, Target, Deere, Home Depot, and Other Stocks for Investors to Watch This WeekWalmart, Moderna, Target, Deere, Home Depot, and Other Stocks for Investors to Watch This Week

Walmart, Moderna, Target, Deere, Home Depot, and Other Stocks for Investors to Watch This Week

[ad_1] Text size It’s the tail end of first-quarter earnings season, with mostly retailers left to report this week. Government data…

3 years ago