Tag Archives: home values

US debt default may mean tanking sales, huge mortgage costs

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A debt default by the U.S. government is unlikely, but if it were to transpire, the cost of a mortgage could increase by 22 percent, pushing rates to a peak above 8 percent in September, according to Zillow. Continue reading →

Buying a home is hard. For first-timers, it’s never been tougher

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Homes in the lower tier of pricing are still 8 percent more expensive than at this time last year — and inventory has barely budged, according to a new analysis released Thursday by Zillow. Continue reading →

Rising mortgage rates won’t be ‘major deterrent to homebuyers’

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Although rates will rise, they will remain very competitive when compared to historic averages, and it would take a significantly greater increase in rates to negatively impact prices. Windermere Chief Economist Matthew Gardner explains why. Continue reading →

Wealth, taxes and politics: The Las Vegas housing market’s wild ride

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Home values in the gambler’s paradise recently eclipsed records from the 2006 housing bubble. As Inman Connect Las Vegas kicks into gear, agents describe a remarkable run. Continue reading →

Outlook improves for home sales through end of 2021, beyond: Zillow

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Strong numbers of pending home sales and applications for purchase loans have pushed up sales forecasts through the end of the year. Continue reading →

America’s hottest neighborhoods: Oregon’s Old Bend district

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With plenty of cash and high incomes, young professionals from bustling metros have made a big imprint on the sleepy ski town of Bend, Oregon. Continue reading →

Consumers reflect shifting market: Here’s what you should know

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Windermere Chief Economist Matthew Gardner dives into how consumers feel about the market based on Fannie Mae’s latest Home Purchase Sentiment Index survey. The incremental shifts across the results indicate that consumers are feeling the market cool. Continue reading →

America’s hottest neighborhoods: Milwaukee’s Northpoint community

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For higher-end buyers, this lakeside neighborhood boasts unparalleled access to both the shoreline and Milwaukee city life. Continue reading →

Despite higher inventory levels, market is still ‘remarkably tight’

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Looking for a little clarity on the news? Windermere Chief Economist Matthew Gardner dives into recent housing data releases and shares why the market is still far from balanced. Continue reading →