Por: MarketWatch Politics September 26, 2022
A year ago, only 12.1% of home buyers were backing out of deals. Typically 12% of deals fell through prior to the pandemic, Redfin said. But the last time this number spiked — prior to this fall — was at the onset of the coronavirus pandemic in March/April 2020. Buyers were most likely to back out of deals in the Sun Belt, the company added, in cities such as Phoenix, Tampa, and Las Vegas. Buyers were least likely to back out of purchases in... + full article
MarketWatch USA Politics September 30, 2022
Still, the U.S. housing market will shift in favor of home buyers by the end of 2023, 44% of 107 economists and housing experts for its Home Price Expectations Survey said. And 12% of these experts believed that shift will happen sooner — that is, this year. Yet roughly 45%... + más
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Fox Business USA Business September 29, 2022
Check out what's clicking on FoxBusiness.com Recession fears may prove to be the elusive cure for rising mortgage rates. The impact of the Fed’s inflation-curbing strategy is seen clearest in the housing market as prospective buyers take a big step back, slowing sales,... + más
'They’re waiting to see if home prices fall': Home buyers are backing out of contracts in the Sun Belt at a record rate | MarketWatch
MarketWatch USA Business September 26, 2022
A year ago, only 12.1% of home buyers were backing out of deals. Typically 12% of deals fell through prior to the pandemic, Redfin said. But the last time this number spiked — prior to this fall — was at the onset of the coronavirus pandemic in March/April 2020. Buyers were... + más
Home prices might drop but won’t crash: What buyers should know | WGN-TV
Newsweek USA Tech September 26, 2022
An astrophotographer has captured an enormous explosion of plasma from the surface of the sun over the course of several hours.Andrew McCarthy, a photographer who goes by the handle @cosmic background on Instagram, shared the composite image of the million-mile-long ejection on... + más
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ABC News USA World September 23, 2022
BEIJING -- A former deputy police minister who was accused of leading a crime gang of government officials was given a death sentence with a two-year reprieve Friday on charges of manipulating the , taking bribes and other offenses, Chinese state TV reported.Sun Lijun’s... + más
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CNN USA Business September 22, 2022
Americans looking to buy or rent a home have had a rough year. Rents are up by in some cities. Meanwhile, buying a home is the most unaffordable it has been since the mid-1980s. Mortgage rates have and home prices remain just off the hit in recent months, pricing many... + más
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ABC News USA Business September 22, 2022
The Federal Reserve’s string of has thrown cold water on the once red-hot housing market.Existing home sales fell for the seventh straight month in August, down 0.4%, according to the National Association of Realtors, as the central bank aggressively raises interest rates to... + más
This is how the Fed's latest interest-rate hike will affect you | CBS News
Mortgage rates rise to nearly 6.3%, the highest level since 2008 | CNN
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