real estate
real estate Articles
The last time foreclosures were brutal was during the housing crisis, particularly in 2007 and 2008. Subprime mortgages drove default in some markets to double digits, particularly in Nevada,...
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The key 30-year fixed-rate mortgage averaged 7.19% in the last week of September, the highest in 23 years, according to Freddie Mac. Mortgage rates have shot up since the Federal Reserve began hiking...
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This July, there were 20.8% fewer newly listed homes for sale than during July last year. Although active inventory has grown since June at a normal seasonal rate, there were still 45,000 fewer...
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Technology and finance, two of the biggest engines of the American economy, have provided the financial wherewithal for people to construct mega homes in the U.S. To identify the American places with...
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The 2023 Vacant Property and Zombie Foreclosure Report for the third quarter from real estate research firm ATTOM reveals that 1,277,612 residential properties in America are vacant. That is about...
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Mortgage rates have recently risen to levels not seen in over 20 years, with average 30-year fixed-rate mortgage interest rates climbing to over 7%, while the rates for borrowers who have low credit...
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In June, 8.2% of residences in the United States boasted a value surpassing $1 million. This statistic is derived from the report “Nearly 1 in 10 U.S. Homes Are Worth at Least $1 Million, Close to...
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Here are 7 REITs, all Buy rated companies that pay monthly dividends and that make sense for income investors looking for dependable distributions and a degree of safety.
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In May 2023 the median home listing price reached $441,000, up from $430,000 in April. Despite the increase, the price is down from a record high of $449,000 in June 2022. The yearly growth rate in...
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The median home listing price in May 2023 rose to $441,000, a 0.9% annual increase. Despite the increase, the price is down from a record high of $449,000 in June 2022. This cooling trend is hopeful...
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Housing demand surged during the peak of the COVID-19 pandemic. People fled large cities, as “work from home” allowed them to move to places where housing costs were lower and the quality of...
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This article was written with the assistance of A.I. technology, and has been edited and fact-checked by Melly Alazraki. The Emmerson family is the largest private landowners in the United States,...
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