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Tag: buyers

Home listings are rising, but buyers aren’t buying due to high interest rates

The number of home listings recorded the largest increase in the past three years. (iStock) As of the end of February, the number of housing listings had increased by 13% compared to the previous year. According to a Redfin report. This is his biggest increase in three years. The total inventory in the market has […]

DE bill requiring gun buyers to be fingerprinted, trained, set to become law

The Delaware Senate approved a “permit to buy” gun control bill Thursday, sending it to Democratic Gov. John Carney’s desk. The bill, passed on a party-line vote, would require all prospective firearm buyers to be fingerprinted, trained and licensed by the state. “This is a bill about responsible gun ownership,” state Sen. Elizabeth Lockman, the […]

Early Tesla Cybertruck Buyers Report Rusty EVs After Rain Exposure

Some early owners of the Tesla Cybertruck noticed rust spots forming on the body of their new electric pickup truck after being caught in the rain. business insider report Within days of receiving their new Cybertruck, some owners have noticed rust spots forming on the highly touted electric pickup’s stainless steel body panels. A post […]

Miami condo buyers demand yachting amenities, private slips

Serge Ojeda is embarking on a new chapter in his life with swanky new toys: a $25 million boat and a $31 million Miami trick-sale condo unit with a free private boat slip for a year. Mr. Ojeda, who runs a private equity firm that invests in renewable resources around the world, negotiated the contract […]

30-year mortgage rate stabilizes in 6.6% range, draws buyers back: Freddie Mac

With mortgage rate volatility subdued, buyers are finding a reason to get back into the housing market. (iStock) Mortgage rates rose slightly this week, but have remained steady at 6.6% in recent weeks, giving borrowers an incentive to get back into the housing market, Freddie Mac said. The average interest rate on a 30-year fixed-rate […]

‘Arrogant’ Hunter Biden demanded ‘sh–ty’ art buyers’ names

Hunter Biden has been accused of “arrogance” for making an unusual deal with a Manhattan art dealer in which he would tell people who bought his paintings and for what price. The contract between the eldest son and dealer Georges Berges was signed in October 2020. According to Republican lawmakers investigating his eldest son's business […]

Home buyers struggle in 2023, but homeownership rate could rise in 2024

Despite low inventory and high home prices, homeownership reached 66% in 2023. (iStock) The housing market struggled last year. Inventories in the market had already fallen sharply in the previous year, the lowest since the Fed began collecting data in 2016. According to economic data from the Federal Reserve. forever, Housing costs have skyrocketed The […]

Freddie Mac delivers help with down payment assistance to lenders and buyers

Freddie Mac has introduced other programs to help with down payment assistance, such as DPA One. (iStock) To combat record-high home prices, Freddie Mac is making it easier for homebuyers to get down payment assistance. In early December, Freddie Mac has begun a document standardization process Various down payment subsidy systems are available. Before standardization, […]