Downtown housing prices are soaring in Oklahoma City to an extent that they have more than doubled over the past decade. That finding, part of a new report by the real estate tracking site Property Shark, shows Oklahoma City, Memphis and Atlanta were the only three of the 15 largest southern cities where downtown price […]
Tag: Buyers
USD/JPY Weekly Price Forecast – US Dollar Continues to Find Buyers
US Dollar vs Japanese Yen Weekly Technical Analysis The US dollar initially fell significantly during the course of the trading week to reach the 155 yen level before bouncing quite drastically. It’s probably worth noting that Friday had a jobs number that was much stronger than anticipated. And therefore, people will continue to look at […]
Alabama Realtor shocked when squatter greets her and potential buyers at home showing
An Alabama Realtor who has shown hundreds of houses recently experienced something she had never encountered throughout her career in real estate. A squatter was living in the home she was showing. Courtney Hartsfield, a Realtor from the Tyler Hughes Realty Group with Horizon Realty based in Madison, Alabama, was showing a house to out-of-state […]
Rivian overhauled the R1S and R1T to entice new buyers ahead of cheaper R2 launch
Rivian has changed 600 parts on its R1S SUV and R1T pickup truck in a bid to drive down manufacturing costs, while improving performance of its flagship vehicles. The end goal, which will play out over the coming year, is an existential one. Rivian lost about $38,784 on every vehicle it delivered in the first […]
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More Canadian car buyers shunning EVs in 2024: J.D. Power
Limited driving distance per charge, or so-called “range anxiety,” was the top concern among those choosing not to buy an electric vehicle, according to J.D. Power Canada. (AP Photo/Marcio Jose Sanchez) More Canadian car buyers are shunning electric vehicles (EVs) due to tighter household budgets and higher borrowing costs, according to J.D. Power Canada. A […]
The FBI is looking at whether stolen items from the British Museum ended up in the hands of US eBay buyers: report
The FBI is helping investigate stolen items from the British Museum, per the BBC. It’s investigating if items from the museum were sold to US buyers, the report said. This includes items bought off eBay that may have come from the museum’s collection. The FBI is investigating the potential sale of hundreds of items stolen […]
One of the biggest U.S. lenders is offering 0%-down-payment mortgages for first-time home buyers. Here’s the catch.
One of the biggest U.S. mortgage lenders, United Wholesale Mortgage, says it will give eligible buyers a second-lien loan to help with down payments. – Getty Images Home buyers will be able to buy a home without putting any money down under a new program launched by United Wholesale Mortgage, one of the largest U.S. […]
More inventory for buyers, sellers unwilling to drop prices
House hunters aren’t finding many deals on price this spring in metro Detroit’s housing market, but they are finally getting more listings to choose from. Even with mortgage rates around 7% and making affordability a challenge, home sale prices continue to go up — and are even significantly higher in some instances than when rates […]
Housing Affordability Challenges Persist, Yet Buyer’s Market Flourishes In Texas And Florida
Housing Affordability Challenges Persist, Yet Buyer’s Market Flourishes In Texas And Florida Amid rising mortgage rates and general unaffordability nationwide, cities in Florida and Texas are emerging as havens for homebuyers. While the broader U.S. housing market continues to favor sellers with high prices and tight inventory, specific metro areas in the South are bucking […]
Home buyers struggle to become owners, with investors snatching up nearly 30% of single-family homes in the US
Home buyers struggle to become owners, with investors snatching up nearly 30% of single-family homes in the US Buying a home has become, well, completely out of reach for many. Increased demand combined with dwindling home supply, supply chain issues, and rising mortgage interest rates have all contributed to higher costs that have rendered homes […]
Inside 2 Texas cities where home prices are dropping, sellers are slashing asks, and buyers can get lowball offers accepted
Since last year, home prices fell 0.3% in and around Austin, and 4.6% in and around San Antonio. Real-estate agents in those Texas spots said home sellers are slashing prices to attract buyers. One house in Austin listed for $1.25 million and was sold for $850,000, Nicole Marburger said. After years of sellers calling the […]