Newsweek, March 15, 2024-Omar MohammedA quarter of young Bostonians plan to quit the city and move elsewhere over the next five years, a recent survey shows, with issues around housing …
Category: Top National News
With Rising Rents, Some School Districts Are Trying to Find Teachers Affordable Housing
USA Today, March 14, 2024-Claire ThorntonWhen Kareem Wall was homeless last school year, his classroom couch became his spot for stealing a couple of hours of shut-eye after the school …
Home Builder Supply Costs Head Higher for Fourth Straight Month
National Mortgage News, March 15, 2024-Spencer LeePrices for residential construction headed up for a fourth straight month, with materials running higher compared to last year’s average rate of growth but …
U.S. Housing Costs Hit Near-Record Level While Listings Surge
MPA, March 15, 2024-Mika PangilinanThe median monthly housing payment in the US has come close to matching its historic peak, reaching $2,686 for the four weeks ending on March 10.Click …
Closing Costs for Buying a Home Have Risen Along With Rates
The New York Times, March 15, 2024-Ann CarrnsA pricey housing market and higher interest rates have made it harder to afford a house, but related expenses known as closing costs …
Why Are So Many Voters Frustrated by the US Economy? It’s Home Prices
AP News, March 15, 2024–Josh BoakThe United States is slogging through a housing affordability crisis that was decades in the making. At the root of this problem: America failed to …
Mortgage Rates Drop to a Five-Week Low
MarketWatch, March 14, 2024–Aarthi SwaminathanMortgage rates fell to the lowest level in five weeks, bringing some good news for home buyers. (MBA mention)Click here for more
Climbing Yields Hit Real Estate, Utilities Stocks
The Wall Street Journal, March 14, 2024-Karen LangleyTreasury yields are up Thursday. That’s putting a damper on corners of the stock market that are thought of us bond proxies.Click here …
Cities Face Cutbacks as Commercial Real Estate Prices Tumble
The New York Times, March 14, 2024-Alan RappeportIn San Francisco, a 20-story office tower that sold for $146 million a decade ago was listed in December for just $80 million.Click …
Optimism High Among First-Time Homebuyers–Survey
MPA, March 14, 2024-Mika PangilinanIn the face of fluctuating interest rates and concerns about affordability, most first-time homebuyers hold an optimistic view of the housing market in 2024, according to …