Here are a few national real estate-related stories and news pieces that came across my screen this week…
- from FreddieMac: Mortgage Rates Jump for the Fifth Straight Week – Surging to a 7-Year High
- from The New York Times: A ‘Particularly Bright’ Moment Brings Another Fed Rate Increase
- from The Wall Street Journal: Fed Raises Interest Rates, Signals One More Increase This Year
- from MarketWatch: New-home sales tick up as housing shortfall tops 4 million
- from Realtor.com: Housing Slowdown? Softening? Whatever You Call It, It’s Real and It’s Here
- from CNBC: Housing tipping back to a buyer’s market as sellers cut prices
- from Redfin: More than One in Four Home-Sellers Dropped their Price Last Month
- from CoreLogic Insights Blog: Inflation-Adjusted “Typical Mortgage Payment” Buyers Face is Up Sharply but Still Below Pre-Crisis Peak in Eight of Top 10 US Metro Areas
- from FreddieMac: Freddie Mac September Forecast: Home Sales Fade Despite Robust Economy
- from CNBC: Investors finally embrace big single-family rental companies a decade after the financial crisis
- from Realtor.com®: Sen. Elizabeth Warren’s New Legislation Aims to Make Homes More Affordable
- from MarketWatch: Home insurance covers damage from a volcano, but not a flood
- from Mortgage News Daily: Many Enlist, but Flood Coverage Still Falls Short
- from ATTOM Data Solutions: Home Price Appreciation in Highest-Risk Natural Hazard Cities 1.7 Times the Overall Market Rate Over Last Decade
- from CNBC: Why millennials are flocking to Rust Belt real estate