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The housing market isn’t off to a good start this year. The number of homes under contract that haven’t closed yet dropped 4.9% from December to January, according to a [recent report](https://www.nar.realtor/research-and-statistics/housing-statistics/pending-home-sales) from the National Association of Realtors®. Year-over-year pending home sales were down 8.8% in January. The culprit? [Rising mortgage rates](https://www.realtor.com/news/trends/mortgage-rates-just-hit-a-new-high-for-2024-heres-why/) that make itRead …

The Housing Market’s Unhappy New Year: Fewer Homes Go Under Contract as Mortgage Rates Rise Read More »

The comedian Richard Lewis, known for his hilariously neurotic friendship with show creator and star Larry David on HBO’s “Curb Your Enthusiasm,” has died. He was 76. David paid tribute to his longtime friend in a written statement Wednesday. “Richard and I were born three days apart in the same hospital and for most ofRead …

Inside the Real Estate of Richard Lewis: Where the Beloved Comedian Spent His Final Days and More Read More »

What does the housing market need to rev back up? Lower mortgage rates. Many Americans believe homeownership is still achievable—that is, if high mortgage rates fall, according to a recent survey from Realtor.com®. The magic rate is in the 5% range, according to the survey. About a fifth of Americans, 22%, hoping to buy aRead …

This Is the Magic Mortgage Rate To Rev the Housing Market Back Up Read More »

Fears of another recession striking have been mounting as the Federal Reserve has attempted to slow the U.S. economy down by raising interest rates. While the Fed’s rate increases brought the real estate market to a near halt and contributed to the scores of layoffs at some high-profile companies , it’s looking more likely thatRead …

Recession Watch: Would a Downturn Clobber the Housing Market or Make It Affordable Again? Read More »