SELECT LANGUAGE BELOW

US homeowners aren’t selling and here’s why

Daniel Hale, Chief Economist at Realtor.com, analyzes home prices on Maria Bartiromos Wall Street. As mortgage rates rose toward 8% last fall, the pandemic-era booming housing market slumped and demand hit its lowest level in nearly 30 years. The average interest rate on a 30-year fixed mortgage is now more than a percentage point lower […]

Homeowners moving across state lines, seeking affordability, find it in certain cities

Rising housing costs and remote work opportunities are driving households to move to cheaper areas. (iStock) Remote work, which flourished in the early days of the pandemic, erased boundaries for many workers and prompted people to move to cheaper cities. Charlotte, Providence and Indianapolis are some of the cities where the most people moved, according […]