Housing: Here's what it will take to buy a home this year – Yahoo Finance
Thinking of buying a new home in 2023? First, the bad news. Affordability remains a serious challenge for most buyers realtor.com. “Median house prices are 10% higher than they were a year ago, and mortgage rates are 100% higher than they were a year ago,” he said. Add an additional $800 to $1000 to your […]
Housing market: Jason Oppenheim warns of an 'armageddon' in the real estate industry – Yahoo Finance
The real estate industry could turn upside down soon, says star broker Jason Oppenheim. Oppenheim – leads a team of attractive agents at Netflix (NFLX) Reality Series “Selling Sunset” – We recently sat down with Yahoo Finance to discuss the current state of the US real estate market. In an extensive conversation, he warned that […]
Housing expert: ‘We can expect mortgage rates to go down’ – Yahoo Finance
Homebuyers may finally have a breather this year, according to one expert, as signs of easing inflation could push mortgage rates down again this month. “Mortgage rates have fallen almost 1 percent since peaking in November,” Melissa Cohn, vice president of real estate brokerage firm William Raveis, told Yahoo Finance Live (video above). “I think […]