Blog
The COVID Refinance Boom is Over – See Who Benefitted
New mortgage originations have reached their lowest level since Q2 of 2014. Inventory remains historically low, shelter costs are historically high, and it makes no [...]
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Why Most Americans Cannot Afford a Home – A Price Breakdown
Are you too poor for the basic human necessity of shelter in Biden’s America? The average home price in Q4 of 2022 was $535,800, according to the St. Louis Fed. [...]
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Rentals in the US Continued to Rise in August
Shelter costs have continued to rise in the US. Recent data provided by Redfin shows that the national average increased by 11% YoY this August. Costs are expected [...]
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US Housing Due for a Correction?
Fed Chair Jerome Powell stated that the US housing market would “probably” go through a “correction” period. It is of no surprise as home prices were [...]
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Domestic Exodus from US Cities
The US Census Bureau reported that 8.4% of Americans moved in 2021, beneath the 9.3% who moved at the height of the pandemic panic in 2020. Numbers for 2022 may [...]
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Chinese on US Real Estate Spending Spree
The Chinese are keen on investing in tangible assets, namely real estate. Canada implemented restrictions on foreign buyers after accusing them of the real estate [...]
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Mortgage Lenders Provided a Record $1.61 Trillion in 2021
The post-pandemic real estate frenzy led to mortgage lenders issuing more money last year than ever before. According to records, mortgage lenders in the US issued [...]
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US Home Prices Rise 18.4% in October
High demand and a low supply is causing home prices in the US to soar. The S&P CoreLogic Case-Shiller 20-city home price index found that all 20 major cities [...]
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Rental Costs on the Rise Amid Diminished Supply
Demand for rentals in the US is increasing at an alarming pace. Single-family rentals rose 10.9% in October year-over-year, according to a report by CoreLogic. [...]
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Is the Housing Market Collapsing?
Well, home ownership in America is falling to a 51.6-year low. The actual share of Americans who own their homes fell to 62.9% in the second quarter, which was the [...]
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