The average rate for a 30-year fixed-rate mortgage declined this week for the first time since March to 7.09% as home affordability continues to stifle the housing market.
The latest SCEO Housing Survey released by the New York Federal Reserve indicates renters' hopes of someday owning a home have plummeted over the past year.
Mortgage rates rose again this week, with the average 30-year fixed-rate note climbing further past 7% in another blow to the struggling housing market.
Starwood Capital Group CEO Barry Sternlicht reportedly had to raze his beach house on the Nantucket coast. Erosion was to blame, according to the Nantucket Current.
The "biggest threat to New York," according to business leader Don Peebles, is the migrant crisis that has "paralyzed" city and state leaders to address other issues.
Mortgage rates rose again this week, with the average 30-year fixed-rate note climbing further past 7% in another blow to the struggling housing market.
Dolly and Jenny Lenz of Dolly Lenz Real Estate tell potential home buyers to "jump in" to the market if they can as the industry faces series of challenges.
A majority of would-be homebuyers in the U.S. say they have been priced out of the market and cannot afford the American dream, according to a new survey.
Tech billionaire Bill Gates now has one fewer home. He reached a deal earlier this month to sell a 2,430-square foot house he owned in Washington, according to Realtor.com.