The average 30-year fixed mortgage rate edged up to 6.66% last week, the highest in a year, reversing a decline that had briefly pushed rates below 6% in February
When the Sundance Film Festival comes to Boulder in January, scores of out-of-state visitors are expected to descend on the city. Many of those studio executives, actors, directors and fans will need somewhere to stay.
“People that have been on the sidelines, they realize that this is probably going to be a while,” said Vivian Gueler, a mortgage lender in LA. “So they're just jumping off the sidelines and starting to look around a little bit.”
Converting unused office buildings into apartments or condos could ease the housing supply. But after a high-profile engineering failure, will people want to move in?
Last year, counties with high flood risk lost more residents than they gained, for the second year in a row, according to a recent analysis from Redfin.
The number of “starter homes” on the U.S. market hit a record low in 2022. The supply is starting to rise in some parts of the country, though sales are not.
Single-family home construction spending is down 4% from last May, according to new Census Bureau data, as elevated mortgage rates and affordability pressures drag down demand.
