“With all those challenges, the fundamentals are steady,” she said. “New York is a unique market because it always finds a way to attract people and capital.” Manhattan leads growth in transactions While the number of multifamily transactions in New York City Read More
High borrowing costs for home loans and rising home prices have made homebuying out of reach for huge swathes of Americans and is bringing the issue of housing affordability to a breaking point, according to a housing economist. Mortgage rates have soared Read More
Florida house prices slashed by 1 in 4 sellers Florida homeowners are slashing the price of their properties in the hope of attracting hesitant buyers, with one in four sellers having cut their initial asking price, according to data available on Zillow. Read More
IRVINE, CA — A new report by ATTOM highlights potential instability in various county-level housing markets across the United States. The study, focusing on home affordability, underwater mortgages, foreclosures, and unemployment rates, exposes those markets most at risk of decline. The highest Read More
2024-06-17T07:29:30+00:00 font Enable Reading Mode A- A A+ Shafaq News/ On Monday, the Turkish Statistical Institute announced that Iraqis ranked fifth among the countries that purchased Turkish real estate last May. The Institute reported that house sales decreased by 2.4%, with 110,588 Read More
There are unaffordable housing markets, and then there are “impossibly unaffordable” markets, four of which are in California, a recent study said. The housing crisis represents an obstacle to upward mobility, and the Golden State risks suffering from especially acute stratification, according Read More
The housing market in some cities is still heating up — namely those with affordable homes. But many cities around the U.S. are now cooling down, particularly markets in Florida, a recent Redfin study found. According to the study, among the 10 Read More