604k Price Cut in Costa Mesa CA
Bought at the peak in 2008 and it’s $5k cheaper now than it was back then. We should not take single listings as evidence for...
Canada bans foreign home buyers for two years, ignoring the actual root cause of the problem
The Canadian government will ban foreign homebuyers for two years, AP reported Monday. The ban is aimed at “[c]urbing unfair practices that drive up the price of...
Nearly One-Third of Homeowners Have a Mortgage Rate Far Below Today’s Level
About half (51%) of U.S. homeowners with mortgages have a mortgage rate under 4%—substantially below today’s level of 5%. About one-third (32%) of all homeowners—including those without...
Homebuilder sentiment drops for fourth straight month
Confidence among U.S. single-family homebuilders fell to a seven-month low in April as surging mortgage rates and snarled supply chains boosted housing costs, shutting out...