Los Angeles, CA

Columbus, OH

Business Insider

These are today's mortgage and refinance rates. Cooling inflation has helped mortgage rates fall, and they may drop further as the Fed cuts rates.

Mortgage Interest Rates Today, July 17, 2024 | Rates Are Down, and They Could Soon Go Even Lower

GOBankingRates

The housing market remains difficult for many Americans, both the buyers and the sellers. Inflation soaring rates, low inventory and home prices that continue to rise all are making the dream of...

3 Housing Markets That Will Rise in Value Before the End of 2024

Louisville Public Media

In nearly half of metro areas, buyers must make more than $100,000 to afford a median-priced home, a Harvard University report finds. And home prices this year reached a new all-time high.

U.S. home prices have far outpaced paychecks. See what it looks like where you live

Is it darkest before the dawn? If we look at the housing market right now, sales are down, new listings are down and prices are decelerating. But if we look at the data right now, things look the most bullish they’ve been all year. Good inflation data came in...

What happens to the housing market when mortgage rates finally come down?

Detroit, MI

Detroit is the most affordable city for Black families in the U.S. While the current housing market is unaffordable for many American households, recent data show underrepresented communities are even more affected by the state of the market. According to real estate data tracker Redfin, the average Black family can afford a starter home in just 10 of the 50 most populous U.S. metros. Comparatively, the typical white family can afford a starter home in 32 of these metros.

As Starter Homes Become Increasingly Difficult to Afford, Black Households Are at an Even Greater Disadvantage

New York City, NY

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Cheryl E Preston

Yesterday was the third time this year that an ad stating Chelsea Clinton lives in a beautiful Virginia home popped up on my laptop. My computer did not warn me this was a dangerous site, so this time, I clicked on the link.

Chelsea Clinton is rumored to be living in Virginia but probably still in NYC

Lancaster County, PA

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NewsByJoshua

Fans of Frisco's Chicken were left reeling as the beloved Peruvian-style eatery announced the closure of all its locations in Lancaster County, Pennsylvania. The chain, known for its delicious food and strong community values, posted a heartfelt note on its doors, informing customers of the devastating news.

Favorite Chicken Chain Suddenly Closes All Stores, Heartfelt Message Found on Doors

North Carolina State

Town Talks

Death Disclosure Laws and Property Disclosures in North Carolina. In North Carolina, there is no legal obligation for homeowners or real estate agents to disclose if a death has occurred in a home, whether by natural causes, murder, or suicide. However, if a potential buyer directly inquires about any deaths on the property, the seller is required to provide that information.

If someone dies at your house do you have to tell a potential buyer? What North Carolina law says

Wyoming State

When you buy a home, your monthly expenses can run much higher than your mortgage payment. Home insurance, maintenance costs, home association dues and property taxes can spike your monthly outlay by...

7 States With Cheap Housing Markets and Low Property Taxes

Broward County, FL

Margate, FL

Edmond Thorne

MARGATE, FL. - A sophisticated lottery scam targeting vulnerable seniors across the United States has been uncovered, with a Margate man at its center. The elaborate scheme defrauded victims of approximately $9.5 million, leaving a trail of financial and emotional devastation in its wake.

Broward Man Arrested by Feds in $9.5 Million Lottery Scam: Targets Seniors Nationwide.

Chicago, IL

Foodie in Chicago

Shortly before 3 AM, people in the Chicago area may have felt their houses shake as a 3.4-magnitude earthquake occurred about 60 miles west of the city. (CHICAGO) The United States Geological Survey (USGS) reported a 3.4-magnitude earthquake around Somonauk, IL. Somonauk is in DeKalb and LaSalle Counties, 64 miles west of Chicago.

Did You Feel the Earthquake?

Denver, CO

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David Heitz

A dangerous drug that is being mixed into fentanyl is causing those who inject it to develop a rash of sores that resembles a case of flesh-eating bacteria. People experiencing homelessness around Denver can sometimes be seen with these bloody, weeping wounds. I recently mentioned this phenomenon to a fentanyl user who told me about the xylazine connection.

Denver homeless people suffer sores as xylazine enters fentanyl supply

Hamilton Township, NJ

Rainbow Shops, a popular clothier known for its youth clothing, is preparing to shut down its location at the Hamilton Mall in Hamilton Township, New Jersey. The store is currently offering a hefty 40% discount on all items as part of its liquidation sale.

Popular Clothing Store Offers Offers Deep Discounts, Closing 950 Locations in Struggling Mall

July brought more bad news for hopeful homebuyers. Mortgage rates remain elevated at close to 7% and real estate broker Redfin cites data showing home prices are still going up. In early July, Redfin found that the median home sale price had risen another 5% over the last 12 months,...

Could home prices be about to dip?

Indiana State

Franklin, IN

A wave of closures is hitting Pizza Hut, a pizza chain known for its iconic slanted-roof buildings, with 6,775 locations feeling the pinch in the tough restaurant industry landscape.

A well-known pizza chain with over 6K locations has begun closing some of its stores

Mortgage interest rates continued to drop this week with growing expectations that interest rate cuts are coming. The 30-year fixed-rate mortgage averaged 6.77%, down significantly from last week's average of 6.89, according to Freddie Mac. That's the lowest level since mid-March. The 15-year fixed-rate mortgage also fell, averaging 6.05% this week.

Mortgage rates tumble; time for buyers to ‘get serious’

24/7 Wall St.

Home prices are at an all-time high in the United States. After rising year-over-year for 11 consecutive months, the median sale price of existing homes hit a record-breaking $419,300 in May 2024, according to a new report from the National Association of Realtors. High prices are largely attributable to a lack of inventory, as high […]
The post Cities Where Home Prices Are Actually Falling appeared first on 24/7 Wall St..

Cities Where Home Prices Are Actually Falling

California State

The HD Post

CALIFORNIA – Starting July 1, landlords will only be allowed to collect one month’s rent for the security deposit on a rental property. Assembly Bill 12, signed into law last October, says regardless of whether the residential property is unfurnished or furnished, only one month’s rent can be charged in addition to any rent for the first month paid on or before initial occupancy.

Law limiting security deposits goes into effect July 1

Redbox, the iconic movie rental company with over 34,000 locations nationwide, has announced the closure of its operations following its parent company's filing for Chapter 11 bankruptcy. This decision has left many of its loyal users saddened, marking the end of an era for physical media enthusiasts.

A rental company with 34,000 locations has closed its doors

CBS News

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  The past few years have been rough for prospective homebuyers. As mortgage rates climbed in tandem with the Federal Reserve's benchmark rate, many would-be buyers found themselves in a holding pattern, watching from the sidelines as they waited for the right time to enter the market. And that decision may have seemed even more prudent when mortgage rates touched on 8% in October 2023 — the highest they'd been in over two decades. However, recent shifts in the economic landscape...

5 big reasons to lock in a mortgage rate right now

Glendale, CA

Huntington Park, CA

Maywood, CA

Beverly Hills, CA

West Hollywood, CA

Alhambra, CA

South Pasadena, CA

Universal City, CA

Inglewood, CA

NewsBreak

The Salary Needed To Afford a Home Has More Than Doubled Since Before the Pandemic—See How Your City Is Faring

Scraping together enough money to buy a home can seem like a fruitless endeavor, especially in today's housing market dominated by high mortgage rates and soaring...

The Salary Needed To Afford a Home Has More Than Doubled Since Before the Pandemic—See How Your City Is Faring

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