Mortgage Applications Plummet To 22-Year Low As Home Sales Drop 14% From A Year Ago. Mortgage applications have hit a 22-year low demand for homes is drying up. This is due to raising interest rates soar and plunging home sales. The lending industry is pointing the finger at the Federal Reserve‘s interest rate hikes. The […]
The NAR Says These Are Going To Be The 10 Hottest Housing Markets For The Next 3-5 Years On the whole, the nation’s housing prices continued to rise throughout this year. The Nationale Association of Realtors is predicting that values are expected to continue to climb through 2020. Especially in what they are saying are the […]
National Association Of Realtors Bans Pocket Listings The National Association of Realtors has officially banned the use of pocket listings. The NAR board of directors voted 729-70 on Monday to ban the controversial practice. The NAR stated the practice was controversial because it allowed agents to select who the property is sold to. Pocket listings […]
Gap In Housing Market Between Home Prices And Income Point To Recession By 2020 Election The housing market is signaling there will be an economic recession by the 2020 election. Council on Foreign Relations Director of International Economics Benn Steil joined JPMorgan Chase CEO Jamie Dimon predicting a recession: Looking back at the years preceding […]
Foreign Buyers Bolt From American Housing Market In California And Florida Amid Trump Mental Instability Foreign buyers buying American real estate purchases plummetted to $77.9 billion from March 2018 through March 2019. This down 36% from the previous year and the finger is being pointed directly at the Trump Administration. The National Association Realtors says […]
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