Thinking about buying a house? Do it now as costs keep soaring, economist says
Home affordability has decreased to an all-time low for the fourth month in a row in the Triangle. And that’s impacting job and housing markets.
Read MorePosted by Jason Parker | May 19, 2022
Home affordability has decreased to an all-time low for the fourth month in a row in the Triangle. And that’s impacting job and housing markets.
Read MorePosted by Jason Parker | Apr 28, 2022
Triangle homebuyers are feeling pinched, even if they’re able to win a bidding war for a home. With rising interest rates, some may look to use this tactic.
Read MorePosted by Jason Parker | Apr 21, 2022
Demand for housing across the Triangle remains strong, even as mortgage interest rates rise again. That could mean continued price appreciation.
Read MorePosted by Jason Parker | Apr 14, 2022
New data on the Triangle’s real estate markets shows mortgage rates have increased, as have home prices. And affordability remains at an all-time low.
Read MorePosted by Jason Parker | Mar 17, 2022
The latest data from Freddie Mac shows that mortgage rates have increased more than 1% over the last year, and are now over 4% for a 30-year-fixed.
Read MorePosted by Jason Parker | Mar 10, 2022
RALEIGH – Inflation continues, and is now the largest increase in any 12-month period since the period ending January 1982. That’s according to the latest data from the Bureau of Labor Statistics, which found that for the prior 12 months, ending at the end of February 2022, inflation was 7.9...
Read MorePosted by Jason Parker | Feb 25, 2022
A new report from the National Association of REALTORS shows that while homeownership is increasing in the U.S., it’s not for Black households.
Read MorePosted by Jason Parker | Feb 18, 2022
Amidst a housing market with high demand and low inventory, mortgage raises are now rising. That could change how some approach the market.
Read MorePosted by Jason Parker | Feb 9, 2022
U.S. household debt grew by more than $1 trillion in 2021, as home prices and new and used automobile prices increased, including some $333 billion in Q4.
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