The housing market tips as ARM share rises, mortgage applications plummet
As interest rates have jumped, homebuyers in search of relief are embracing seductively low teaser rates.
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Author: Carrie B. Reyes
April 2022 California home sales volume: an alarming spring decrease
The number of homes sold in April was 5% below the prior month and 10% below a year earlier.
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Why property investors need to demand higher cap rates now
The new era of rising interest rates is putting pressure on cap rates.
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Builder confidence, new home sales plummet
Alarm bells are sounding for builders, with many scaling back as quickly as possible.
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Buyer purchasing power has plummeted 25% with interest rate hike
The abundance of mortgage money available to homebuyers has quickly dried up – and the drought will only worsen.
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