“Home prices have been rising faster than incomes, while mortgage interest rates are above the record lows of a year ago,” says Lawrence Yun, NAR’s chief economist. “This is beginning to hamper housing affordability.”
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Home prices are 82 percent higher in “tech hub” locations than in other large metros. But the tech industry isn’t the factor that pushed up home prices, according to a new study.
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Millennials are the second-biggest segment of home buyers, and their wishlists for a home are different than those of previous generations.
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Mortgage applications for home purchases and refinancings fell in the latest week, the MBA reports.
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Customers are taking to online channels to talk about businesses. But what if an anonymous poster writes a defamatory review? Courts are weighing whether the reviewer should be revealed.
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Developers looking for new spaces in congested cities are finding solutions in creative reuse of long-abandoned spaces.
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