How to decide to buy vs.  rental housing when mortgage interest rates are soaring

How to decide to buy vs. rental housing when mortgage interest rates are soaring

According to Homebuyer.com, Iowa is the cheapest state to buy a home. Good brigade | Digital Vision | Getty Images With mortgage rates on the rise, more people may be asking the age-old question: rent or buy? These decisions are especially relevant in an environment of bubble housing prices, which make it difficult to manage…

Home prices fall in ‘pandemic boomtowns’ due to market downturns

Home prices fall in ‘pandemic boomtowns’ due to market downturns

Homeowners in markets that boomed when the real estate sector was red-hot during the COVID-19 pandemic are now being forced to cut prices due to falling demand, according to data released Monday by Redfin. In the US, 21% of home sellers lowered their asking prices in July – the highest share since Redfin began tracking…

Consumer confidence in the housing market is the lowest it has been in more than a decade

Consumer confidence in the housing market is the lowest it has been in more than a decade

A sign stands in front of a luxury home for sale in the Lake Pointe subdivision in Austin, Texas. Ed Lallo | Bloomberg | Getty Images Consumer confidence in the housing market fell to its lowest level since 2011 as both potential buyers and sellers became more pessimistic, according to a monthly survey released Monday…