Today: 5. Nov, 2024
Sales of previously owned homes dropped in September, reaching levels not seen since October 2010. The market faces challenges, including high mortgage rates, fluctuating inventories, and longer sales cycles. As Lawrence Yun, chief economist for the National Association of Realtors, noted, “Home…
The housing market’s trajectory for the latter half of 2024 has experts divided, with some anticipating improvements while others remain cautious. Initial Optimism and Varied Predictions “Mostly, we think the housing market is going to improve over the next half of the…
Buyers and sellers keenly observe fluctuating mortgage rates as the spring housing market unfolds. With the Federal Reserve’s decisions hanging in the balance, the real estate landscape this season is heavily influenced by the uncertainty of interest rates. According to Freddie Mac,…
As we enter 2024, the housing landscape presents a varied picture, with the top 10 hottest housing markets emerging across the South, Northeast, and Midwest. This analysis, presented by Zillow, sheds light on the complexities and implications of these “hot” markets for…
Laguna Beach, California, renowned for its picturesque beaches and coves, is now gaining recognition for its innovative approach to elder care. In a time where the concept of aging in place is gaining momentum, Laguna Beach stands out with its unique program,…
The housing market, which has experienced its ups and downs during the COVID-19 pandemic, is witnessing a significant upturn as mortgage interest rates drop sharply. This rate decline, a percentage point lower than in October, rekindles buyer interest and potentially sets the…
Two leading property developers in China are encountering grave financial challenges, raising concerns over potential ripple effects on the broader Chinese economy. Evergrande, a notable representative of China’s real estate struggles, recently sought Chapter 15 bankruptcy protection in New York. This move…
Crest Nicholson predicts decreased profits as first-time homebuyer numbers plummet. UK homebuilders faced the brunt of the stock market’s backlash following a profit warning from a leading firm in the sector. This was combined with information showcasing the most significant dip in…
The leading flexible workspace provider, IWG, recently announced unprecedented revenues alongside a 100% increase in profits during the first six months of the year. This surge can be attributed to the company’s prediction that the post-pandemic “hybrid work boom” is here to…
