In The News

The Average Homeowner Gained $60k in Equity YoY

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Home equity hit a new high in the second quarter according to CoreLogic, as homeowners with mortgages gained a collective $3.6 billion year-over-year over the course of a single quarter.

Home Affordability Hits Another Low in Q2

While many in the housing market are predicting a shift in power to buyers’ favor, that switch may not be coming anytime soon to according to a recent NerdWallet report due to tempered demand due to higher mortgage rates. 

Examining the Nation’s Most Vulnerable Housing Markets

ATTOM has released a Special Housing Risk Report spotlighting county-level housing markets around the United States that are more or less vulnerable to declines, based on home affordability, unemployment and other measures in Q2 of 2022.

House-Hunting Process Wearing on Renters

According to a new Zillow report, finding and landing a rental is stressing Americans out nationwide. The typical monthly rent in the U.S. has soared to a record high of $2,031, and the latest Zillow survey reveals just how tired and burnt out Americans are as they search for new

Inflation ‘collapse’ will launch powerful market rally, Credit Suisse predicts

Consumers in August saw inflation at 5.75% over the next 12 months, down from 6.2% in July and the lowest rate since October 2021, the New York Fed’s monthly consumer expectations survey showed on Monday.

‘Millions will be wiped out’: Robert Kiyosaki says that the big crash he predicted is here. But right now could also be the perfect time to ‘get richer’ — here’s how

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Safe havens are hard to find these days. Stocks have plunged, Bitcoin is in the doldrums and even the recently hot real estate market seems to be cooling down due to the Fed’s aggressive rate hikes. While it might be tempting to hide out in cash, Rich Dad Poor Dad

‘Frigid’ future ahead for housing market as mortgage rates seek new heights

2008 all over again? BofA just launched a test of zero-down-payment, zero-closing cost mortgages for minority communities

Landlord Tips: 13 Must-Know Tips for New Landlords

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Being a landlord can be challenging, especially when you’re starting out. From finding and screening tenants, creating and following a rental agreement, and collecting rent online, we will help guide you through all the important landlord tasks.

California housing affordability slides to lowest level in nearly 15 years in second-quarter 2022 as home prices set record highs and interest rates surge, C.A.R. reports

LOS ANGELES, Aug. 11, 2022 /PRNewswire/ — Housing affordability in California fell below 20 percent and slid to the lowest level in nearly 15 years as home prices soared to record highs in April and May and interest rates jumped to levels not seen in more than 13 years, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) said today.