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US Fed begins rate cut cycle
Local realtors weigh in on how the Fed's interest rate cut could impact the housing market
On Wednesday, we learned more about the Federal Reserve's first interest rate cut in four years and what it could mean for you. Now, we're getting a closer look at how it will impact the housing market.
What Does a Fed Rate Cut Mean for the Housing Market?
Millions of would-be homeowners have been priced out of the property market since early 2022, when the Federal Reserve started raising interest rates. The looming cut may do little to help. With home prices near record highs and the cost of home insurance and property taxes rising,
Lower mortgage rates will bring much-needed normalcy to the housing market
Lower borrowing costs will benefit the entire housing market, not just those applying for a mortgage right now.
US weekly jobless claims at 4-month low
US weekly jobless claims at four-month low; housing market remains on the back foot
The number of Americans filing new applications for unemployment benefits dropped to a four-month low last week, pointing to solid job growth in September and offering confirmation that the economy continued to expand in the third quarter.
U.S. Jobless Claims Unexpectedly Decrease To Nearly Four-Month Low
First-time claims for U.S. unemployment benefits unexpectedly fell to a nearly four-month low in the week ended September 14th,
Unemployment claims in Massachusetts declined last week
Here's a look at how weekly unemployment claims changed in Massachusetts last week compared with the week prior.
5h
on MSN
Buyers hunt for ‘sweet spot’ in hot DMV housing market
In August, Jonathan and Shannon P. became homeowners for the first time, closing on an updated Colonial with a spacious ...
17h
on MSN
Built-to-rent communities are a rising U.S. housing market trend
Though a growing industry, build-to-rent communities made up only 7.9% of new residential constructions last year.
1d
on MSN
Shifting housing market: Where home prices are falling right now
Despite a recent drop in mortgage rates, some housing markets are seeing mild home price declines, according to Zillow data.
1h
Modular construction is on the rise. Can it build high-quality affordable housing?
Next City reports on one housing authority’s initiative to build affordable homes through modular construction and asks if it ...
2d
The Housing Market Is Due for a Reset: What This Means For Homebuyers
The housing market is in a state of flux with new and existing home sales on the rise (as of August 2024) but overall home ...
4h
on MSN
How homebuyers can stick out in a crowded real estate market
By working with an experienced agent, you benefit from their market expertise and strategic negotiation skills. These ...
2d
on MSN
Here’s the 8% return investors in cash could be missing out on. Psst, it relates to the housing market.
Corners of the U.S. housing market appear to be perking up as interest rates fall and the Federal Reserve works to bring down ...
Zacks.com on MSN
2d
Strong Housing Market Data for August
Housing Starts posted their biggest jump in nine months this morning, reporting 1.356 million seasonally adjusted, annualized ...
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