Mortgage Rates Just Jumped, but 2 Emerging Housing Trends Are Great News for Buyers
The Federal Reserve has a new chair, but mortgage rates moved in the wrong direction this week. Even so, a review of the spring housing market reveals genuine green shoots—and a clear lesson for sellers about what actually moves homes. Kevin Warsh was sworn in as Federal Reserve chair this week. As
EXCLUSIVE: Aubrey Plaza Cuts More Than $1 Million Off the Price of Her L.A. Home—1 Month After Announcing Pregnancy
Actress Aubrey Plaza has relisted her Spanish-style California compound with a steep $1.2 million discount—just two months after an offer on the home fell through. Plaza, 41, originally listed the picturesque Los Feliz abode for $6.5 million in September, eight months after her husband, film directo
Listing Prices Are Falling, but Resurgent Mortgage Rates Have Buyers Spooked
The spring housing market is limping across the finish line this Memorial Day weekend, as surging mortgage rates send buyers into retreat. Still, there is good news for homebuyers, as prices continue to soften. For the week ending May 16, the national median listing price was down 2.3% compared with
Most Homes Are Still Listing Under $300,000 in These 6 Cities
Six Rust Belt cities are seeing a surge of new listings, and all of them have median listing prices under $300,000. In April, just six cities out of the top 50 markets had typical home prices below $300,000, and all had a swell of new listings. Most were in the Midwest, where home sales have outperf
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