RT: Housing is not a free market it’s government fraud. Fannie and Freddie are the mortgage underwriters and municipal tax departments arbitrarily set property tax values based on the revenue they need for the years spending. What could possibly go wrong?
America Is starting to miss when potus was Obama and growth was nice and steady. Ahhhh those boring old days of steady as she goes.
With the metroplex seemingly being the canaris in the mine shaft😩😩😩
But bankers want more margin. Capitalism, literally, is Socialism for the already-haves.
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Home price gains shrink to the lowest level since January 2017: September S&P Case-Shiller indexThe reading comes as the average rate on the 30-year fixed mortgage is now a full percentage point higher than it was one year ago, and affordability has fallen to the weakest level in over a decade.
Source: CNBC - 🏆 12. / 72 Read more »
U.S. home-price gains keep slowing as higher rates scare off buyers, Case-Shiller showsHome-price gains cooled for the sixth-straight month as the housing market comes back into balance, according to the Case-Shiller report released Tuesday.
Source: MarketWatch - 🏆 3. / 97 Read more »
US home price growth slowed in OctoberU.S. home price growth slowed in October, a likely consequence of higher mortgage rates having worsened affordability and causing sales to fall. The S&P CoreLogic Case-Shiller 20-city home price index rose 5 percent from a year earlier, down from an annual gain of 5.2 percent in September,... Merry Christmas from the Feds.
Source: ABC - 🏆 471. / 51 Read more »
US home price growth slowed in OctoberU.S. home price growth slowed in October, a likely consequence of higher mortgage rates having worsened affordability and causing sales to fall. Good! Keeps inflation in check
Source: CNBC - 🏆 12. / 72 Read more »
House price growth slows to nearly two-year low as Case-Shiller makes the slowdown officialHome price gains cooled for the sixth-straight month as the housing market comes back into balance, according to the Case-Shiller report released Tuesday. To much growth too fast will cause these interruptions in the economy. It's simple economics. Don't build a house until it has a 100% buyer. Prices are up 5.1% annually... And yet the headline reads as if this is a negative. Growth is growth! Yes, it's more moderate growth. But that's healthy! Homeowners are still seeing the value of their investment rise. And that's a positive for the economy. housing economy
Source: MarketWatch - 🏆 3. / 97 Read more »
How To Properly Price A Home: Using Analytics And Intuition To Get It RightPricing property right blends art and science. Particularly in a market like this one, in which both sales prices and sales volume have softened from month-to-month, analysis, while critically important, can only help so much.
Source: Forbes - 🏆 394. / 53 Read more »