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Mortgage rates reached 7.49% for 30-year fixed-rate loans during the week ending Oct. 5, up from the previous week’s 7.31%. This steep increase, marking a 23-year high, is driven by rising inflation, labor market fluctuations, and uncertainty regarding the Federal Reserve’s actions. Elevated rates are dissuading potential homebuyers, making homeownership less affordable, even as housingRead …

The Federal Reserve Tightens Its Grip on the US Housing Market Read More »

As the debate over the U.S. housing market’s valuation intensifies, real estate experts are divided on whether home prices are too high. While some anticipate a downturn in prices, others argue that current high prices are justified due to strong demand and limited inventory. A recent analysis by Florida Atlantic University and Florida International UniversityRead …

Experts Divided: Is the Housing Market Overvalued? Read More »

Smack-talking legend Jim Rome, who hosts an eponymous radio show as well as various podcasts, has listed his Irvine, CA, home for $10,995,000. While he invites his radio audience to enter the jungle every day, his residence is a rather serene retreat away from the world of sports talk. Located just south of Los AngelesRead …

It’s No Jungle: Sports Radio Star Jim Rome Lists $10.9M SoCal Mansion Read More »

If you’ve ever dreamed of owning your own spread in wine country, this 28,000-square-foot Spanish Mediterranean gem in the heart of California should pique your interest. This 57-acre compound known as Villa Ceago at 5115 E. Highway 20 in the small town of Nice is being offered for $17.5 million, along with the opportunity toRead …

How Nice: Lakefront Villa Ceago in California Wine Country Available for $17.5M Read More »

A magnificent chalet in Berthoud, CO, featured in Season 4 of HGTV’s “Rock the Block” is this week’s most popular home. Designed by HGTV’s “Renovation Island” stars Bryan and Sarah Baeumler, the four-bedroom home is located in the Heron Lakes community. It features a luxuriously outfitted interior space and dramatic views of both the LoneRead …

A New $3.4M Colorado Chalet Featured on ‘Rock the Block’ Is the Week’s Most Popular Home Read More »

Housing Markets Top Markets for Retirees Some of the most affordable housing markets for retirees also offer desirable community amenities October 5, 2023 Image: Michael Moloney / stock.adobe.com Continue Reading Despite deteriorating affordability in a growing number of housing markets, a few affordable destinations still offer budget-friendly housing options for retirees. Southern markets such asRead …

Top Markets for Retirees Read More »

The unique culture of beach towns has an almost magical appeal to many homebuyers. But what happens if that slice of salty paradise happens to be a hurricane zone too? Your house could be at risk of suffering serious damage. How can you decide whether it’s worth it to buy in a hurricane zone? HereRead …

5 Questions to Ask Before You Buy a Home in a Hurricane Zone Read More »