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Housing Deconstructed Newsletter: Record High Mortgage Rates, Latest Median Home Prices, and a Stanford Squatter?
Good afternoon Bay Area! Hey it’s Tony Leong again, I’m an Executive Producer at NBC Bay Area. Let’s get to the housing news that has caught my eye this week and you’ll be wanting to share. Sign up now to get this newsletter delivered right to your email inbox each week! New editions drop every Thursday afternoon. The rate...
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Housing Deconstructed Newsletter: Can You Afford a Starter Home?, Midterms & Measures, and California Booming
Good afternoon Bay Area! Tony Leong, back again. I’m tracking all the housing news you need to know this week. So let’s get to it. Sign up now to get this newsletter delivered right to your email inbox each week! New editions drop every Thursday afternoon. We are just days away from November 8th, Election Day. And voters will...
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Housing Deconstructed Newsletter: Can You Afford Rent on Minimum Wage?, Bad News for Sellers, ‘Darth Vader' House & More
Good afternoon Bay Area! Tony Leong here, I’m an executive producer at NBC Bay Area and these are the housing stories you need to know about this week. Let’s do it. Sign up now to get this newsletter delivered right to your email inbox each week! You know living in the Bay Area that minimum wage won’t cut it. Now a new report confirms...
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Housing Deconstructed Newsletter: Bay Area Housing Market Cooling Down, Burned Out House Listed for $765k, and SJ Offers RV Owners $500
Good afternoon Bay Area! Hey, I’m Tony Leong, one of the executive producers here at NBC Bay Area and I’ve been tracking all of the housing stories you need to know about this week. Let’s get started. Sign up now to get this newsletter delivered right to your email inbox each week! Would-be homebuyers are getting hit twice. Interest rates...
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Housing Deconstructed Newsletter: Inflation Relief Is Coming, Higher Mortgage Rates, ‘Hocus Pocus' Rental & More
Here’s what’s on our radar this week… Sign up now to get this newsletter delivered right to your email inbox each week! Time is running out for more than a hundred people holding out at the so-called “Field of Dreams” RV camp near San Jose International Airport. City officials said they need to leave, but just extended the deadline...
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Here's How You Can Prepare for Possible Aggressive, Quicker Rate Hikes From the Fed
As the Fed tries to pump the brakes on inflation, it will get more expensive to borrow. Here’s how to prepare.
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Many Homebuyers Face Surprise Repair Costs Soon After Moving in, Survey Shows
More than three-quarters of new homeowners said in a survey they ended up having an unexpected cost in the first year of ownership.
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Is It Better to Rent Or Own a Home? Here's How to Decide the Right Move for You
With both home prices and rents rising, you’ll have to make a decision based on your personal situation. Here’s what to consider.
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Mortgage Refinance Demand Plunges 60%, as Rates Hit Their Highest Level Since 2018
A sharp increase in mortgage rates causes a plunge in refinance demand.
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Buying a Home This Spring? Be Aware of These 5 Unexpected Costs
You’ll need more than your down payment in savings before buying a house. These are the costs you should factor into your budget.
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Home Prices Heated Up to Start the Year, With Huge Surges in Arizona and Florida, Says S&P Case-Shiller Report
Home prices picked up steam again in January after a brief pullback, even as mortgage rates increased.
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House Prices Are Going Up. Here's When You Should Increase Your Budget, and When to Stick to Your Original Price
In February, the median sales price for homes in the U.S. was $357,300, a 15% increase on the year, according to data from the National Association of Realtors.
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Mortgage Rate Soars Closer to 5% in Its Second Huge Jump This Week
The average rate on the 30-year fixed mortgage shot significantly higher Friday, rising 24 basis points to 4.95%, according to Mortgage News Daily.
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Pending Home Sales Sink in February, Setting a Grim Tone as Housing Market Enters Key Spring Season
Higher mortgage rates are taking their toll on home sales, as a strong housing market begins to turn.
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Consumers Felt the Pinch at the Pump With Rising Gas Prices in February. Here's Who Was Affected the Most
Rising gas, rental and grocery costs have had the biggest effect on households with $50,000 or less in annual income, according to a new report.
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Mortgage Refinance Demand Plunges 14%, as Interest Rates Spike Higher
Fast-rising mortgage rates are causing a drop in mortgage demand, especially refinances.
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Mortgage Rates Are Surging Faster Than Expected, Prompting Economists to Lower Their Home Sales Forecasts
Mortgage rates are rising far faster than economists had predicted, and some are now revising their home sales forecasts lower as a result.
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Buying Your First Home? Here's What You Need to Know
People looking to buy a home for the first time face a steep learning curve. Here are some of the basics from experts in the field.
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Home Sales Fell Far More Than Expected in February, as Mortgage Rates Rose and Supply Remained Tight
Rising mortgage rates are starting to take their toll on homebuyers. Sales fell far more than expected in February.
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Here's What the Fed's Rate Hike Means for Borrowers, Savers and Homeowners
After holding rates near rock bottom for two years, the Fed is finally boosting its benchmark. Here’s what that means for you.