Raleigh, NC

Columbus, OH

The Associated Press

WASHINGTON (AP) — Year-over-year inflation reached its lowest level in more than three years in July, the latest sign that the worst price spike in four decades is fading and setting up the Federal Reserve for an interest rate cut in September. Wednesday’s report from the Labor Department showed...

Annual US inflation falls to 3-year low, clearing the way for the Fed to begin cutting rates

North Carolina State

Scripps News

Vice President Kamala Harris is zeroing in on high food prices, promising to push for a federal ban on price gouging on groceries as she looks to address one of voters' top concerns.

Harris zeroes in on high food prices as inflation plays a big role in the presidential race

To the economy now and news that inflation fell to its lowest level in more than three years last month. That is according to the Labor Department, which this morning released its latest cost of living report. President Biden told reporters at the White House the period of runaway prices is coming to an end.

Inflation fell in July, and interest rates could drop in September

Markets Insider

The US housing market added over $3 trillion in value over the last year alone, per a Redfin analysis.

The US housing market is on the verge of hitting a record $50 trillion valuation as prices keep rising

GOBankingRates

Housing prices have been increasing for the past decade, with median home values soaring to record highs in 2021. While the market has cooled slightly, high mortgage rates and low inventory have kept...

Will Home Prices Crash in 2026?

Charlotte, NC

Tampa, FL

This year, sellers are enticing cautious buyers facing high costs and steep interest rates by lowering prices, as median home prices dropped to $439,950, with significant reductions in cities like Tampa, Charlotte, and Phoenix; the "Golden handcuff" effect of low pandemic-era mortgage rates has limited supply, but recent rates around 6.47% offer some relief, according to experts like Realtor.com's Ralph McLaughlin.

Home Prices Take a Dip – The Top 3 Cities Leading the Decline

Louisiana State

Connecticut State

Business Insider

Home prices continue to rebound around the country — especially in these two states.

The 2 hottest states to buy property in right now — and 3 where home price appreciation is being crippled by soaring insurance costs

Community Voices represent independent, third-party users who have joined our contributor program but not yet verified their accounts. Community Voices are expected, like all users, to adhere to our Community Standards.

community_voice

Trailer Empire

If you’ve been feeling the pinch of rising rent costs, here's a surprising twist: rents across the U.S. have been falling for nearly a year. According to the latest report from Realtor.com®, the median asking rent in the 50 largest metropolitan areas was $1,743 in June—$7 less than the same month last year. This marks the 11th consecutive month of year-over-year declines.

Rent Prices Dip for 11th Consecutive Month: Where the Most Significant Savings Are Found

24/7 Wall St.

Approaching 2008, the U.S. began its most recent housing crisis. Home values were highly inflated, demand was stagnant, and supply increased. A perfect storm of conditions led to an artificial bubble bound to burst, and it did. The subsequent decade proved to be unstable for our housing market. Since our recovery from the economic hurdles […]
The post 3 Reasons Why We Are Past the Housing Bubble appeared first on 24/7 Wall St..

3 Reasons Why We Are Past the Housing Bubble

Las Vegas, NV

Contributors represent independent, third-party users who have joined our contributor program and self-verified their accounts. They have also demonstrated their experience writing hard news for other outlets. Contributors are expected, like all users, to adhere to our Community Standards.

contributor

Bellingham Metro News

LAS VEGAS, NEVADA - A magnitude 4.4 earthquake struck areas near Las Vegas on Tuesday night, according to the United States Geological Service (USGS). The quake, which occurred at 8:06 p.m., was centered approximately 45 minutes from Las Vegas, near Indian Springs.

Magnitude 4.4 Earthquake Shakes Areas Near Las Vegas

Many or all of the products here are from our partners that compensate us. It’s how we make money. But our editorial integrity ensures our experts’ opinions aren’t influenced by compensation. Terms may apply to offers listed on this page. KEY POINTS. Mortgage rates are generally expected...

Here's How Low Mortgage Rates Could Go in 2025

As America’s housing market navigates the shifting tides of mortgage rates, a promising new chapter is on the horizon. Recent declines in mortgage rates have opened the door to transformative changes in the real estate landscape, signaling a potential revival in both buying and selling activities.

Real Estate Market Set to Transform: What to Expect When Mortgage Rates Fall

Colorado State

David Heitz

A bill quietly introduced this spring in the Colorado legislature to decriminalize the possession of drug paraphernalia obtained by harm reductionists has become law. As low-key as the legislation was introduced, the bill was signed into law without fanfare June 6. It garnered little to no media attention.

Colorado legalizes needles, pipes for meth and crack if obtained by harm reduction group

June was the 149th consecutive month that the U.S. saw year-over-year home price gains, but the pace of growth is continuing to cool and is expected to slow down significantly before this time next year. CoreLogic’s Home Price Insights for August 2024 included a forecast for price behavior over the...

Home Prices Expected To Decelerate

Florida State

Jacksonville Today

Republican Donald Trump has a 7-point lead over Democrat Kamala Harris among Florida voters, 49% to 42%, according to a new poll from the University of North Florida. Four percent are backing another candidate, and 6% are undecided or didn’t answer.

New Florida poll: Trump leads; support strong for abortion and recreational weed

Mr Mortgage Radio - Mortgage & Housing News

The 2008 housing market crash, a precursor to the Great Recession, was driven by a cascade of distressed sales and foreclosures. This financial turmoil was primarily triggered by the sudden increase in mortgage payments for many homeowners, particularly those with interest-only loans or adjustable-rate mortgages. As the initial low-interest rates adjusted upwards, borrowers faced significantly higher monthly payments, often beyond their financial capacity.

The Anatomy of a Housing Crash: Why 2024's Housing Market is Holding Steady

Ever wonder where the real estate market's been hotter than hot? What are the U.S. housing markets that have been growing faster than you can say "sold!"? Well, GOBankingRates dug into data from a...

10 Housing Markets With Explosive Growth Over the Past Decade — Here’s What It Costs To Live There

More than one-third, 33.2%, of landlords offered at least one rent concession in July, according to Zillow Group. the median asking rent prices for apartments in one- to three-bedroom units fell in July, the first time that's occurred since 2020, according to Redfin, a real estate brokerage site. A construction...

A U.S. construction boom is sending rents lower and creating perks for renters

Redfin's economic research head Chen Zhao predicts mortgage rates will drop and housing supply will increase by 2025, providing relief for homebuyers.

Looking to buy a home? Redfin's research lead says a flood of housing supply is set to hit the market by the end of 2025 as locked-in homeowners finally start selling.

For a 30-year fixed-rate mortgage, the average rate you’ll pay is 6.57% today, up 0.02% over the last week. The average rate for a 15-year fixed mortgage is 5.99%, which is a decrease of -0.01% from the same time last week. For a look at mortgage rate movement, see the chart below.

Good News for Mortgage Rates as Inflation Falls Below 3%. Today’s Mortgage Rates, Aug. 14, 2024

Garner, NC

Cary, NC

Apex, NC

Knightdale, NC

Willow Spring, NC

Fuquay Varina, NC

Holly Springs, NC

Clayton, NC

Morrisville, NC

Angier, NC

NewsBreak

Harris unveils an economic plan focused on housing and grocery prices

Vice President Harris is set to unveil an economic plan on Friday that will focus on the high cost of housing and groceries — top-of-mind expenses...

Harris unveils an economic plan focused on housing and grocery prices

Comments / 0