News

According to a new report released by the Associated Press on Monday, Americans are waiting longer than ever before to buy their first homes – and it’s due to a shortage of cash and unsettled careers. The news source –

Although much of the country is currently enjoying a drop in gasoline prices and certain other commodities, inflation has most certainly not gone away. According to CNBC, there are several areas where the cost of goods and services has skyrocketed

As rent prices continue to increase nationwide, the Wall Street Journal confirmed on Thursday that tenants are now spending a higher share of their income on housing than ever before. According to the paper, most renters can expect to pay

Wells Fargo announced on Wednesday that its mortgage chief, Mike Heid, is preparing to retire after 28 years with the bank. “Over a distinguished career spanning three decades, Mike has helped our company and the entire housing industry navigate unprecedented

After several months in a row of overall positivity in regard to the status of the U.S. housing market, the American public seems to have done an about-face in July. According to Mortgage News Daily, the percentage of respondents who

Although the summertime is usually a slow period for the Miami housing market, the opposite has held true so far this year. According to CNBC financial reporter Diana Olick, the city had 1,390 sales in June, which is an 8.6

The Washington Post reported on Thursday that Frannie Mae and Freddie Mac are set to hand out $8.3 billion worth of profits to tax payers this quarter. The companies, both based in the D.C. area, have been required to turn

Poll results released by the California Association of Realtors earlier this week suggest that a slew of homeowners in the state may be suffering from a bit of buyer’s remorse. According to the findings, 85 percent of buyers believed that

As the number of homes for sale nationwide continues to drop, much of the housing market is beginning to see a steep increase in asking prices. While the metro areas with the smallest inventories have experienced the greatest surge in

According to the Wall Street Journal, the busiest and fastest-growing large metro areas in the U.S are all starting to see an increase in the construction of apartments and condos, as opposed to detached, single-family homes. The latest data released