As prices on everything increase across the board, more and more are turning to renting—either by circumstance or by choice. Renting has traditionally been the cheaper option for ...
Read More »Overcoming Housing Affordability Hurdles
Cake Mortgage CEO David Abelyan shares his perspective on what needs to be done in the market to help alleviate the affordability issue, and what products are ideal to assist first-time buyers.
Read More »Housing Starts Slip Amid Economic Headwinds
Housing starts fell further than anticipated in July, as multi-family becomes a bright spot with builders adapting to a growing rental market.
Read More »Fed Makes Historic Rate Hike to Combat Inflation
Three-quarters of a point. This is the amount the Federal Reserve chose to raise the nominal interest rate by citing the need to combat the highest rate of ...
Read More »Prices Leaving More ‘Unable or Unwilling’ to Buy a Home
S&P CoreLogic Case-Shiller reports steady acceleration in U.S. home prices to close out Q1, a period that presented some of the most competitive market conditions since the start of the pandemic.
Read More »Existing-Home Sales Tail Off in April
A rise in mortgage rates over the 5% mark, and an increase in prices has impacted April buyer activity, as buyers wait for the market to show signs of stability.
Read More »In Search for Affordable Homes, Where Are Buyers Turning?
Buyers are exploring more options to find additional money in their budget due to intensifying cost pressures which is resulting in increased interest in buyers relocating to a ...
Read More »New Home Sales Dip in March
Following a drop in existing-home sales in March, new home sales fell 8.6% below February rate amid rising rates and inflationary concerns.
Read More »Mortgage Rates Hit 11-Year High
Not since early 2011 have mortgage rates hit the 5% mark, but this week, that became a reality, as elevated home prices and short supply are making the dream of homeownership an expensive proposition.
Read More »Inventory Remains Near Record Lows, But Is Relief in Sight?
Another day, another housing record broken. Realtor.com has released new information showing that home prices have hit another record high—$405,000—for the first time in March 2022. But as ...
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