The American Housing Time Bomb! 20% Of US Homeowners Are Struggling To Keep Up With Their Mortgage Payments Is the American housing time bomb about to go off? 20% of US homeowners are struggling to afford their mortgage payments as a result of rising living costs. That equates to 11 million Americans. Research agency Opinium […]
Luxury Real Estate Insiders Say 2nd Home Demand Down 50% As Wealthy Investors Pull Back from Investing In Real Estate Luxury real estate insiders say mortgages secured for vacation properties are at their lowest since 2016. Insiders say the second home market is definitely in a recession. Redfin is reporting lock-ins for second-home mortgages are […]
Freddie Mac Economists Predict The Arrival Of The Biggest Housing Contraction Since 2006 The pandemic’s housing boom is finally running on fumes. Now, Freddie Mac economists are predicting the arrival of the biggest housing contraction since 2006. They point to three factors: Home sales are falling Inventory levels are rising Home sellers are cutting list […]
Study Shows US Home Buying Is So Traumatic It Makes Almost 2/3 of American Gen Zers and Millennials Buyers Cry A new Zillow survey says that US home buying has become increasingly challenging. The study says that at least half of Americans have reported crying while going through the process. The report states 65% of […]
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