May 9, 2024
Mortgage

Baby boomer filled housing markets are seeing more supply and falling prices—the rest don’t have enough homes or sellers 

Housing is all out of whack. Real estate is cyclical, and typically when mortgage rates shoot up, sales decline, and home prices fall; and eventually because home prices tumble, sales return. But none of that has happened.  Home prices rose substantially during the pandemic housing boom as historically low mortgage rates and remote work fueled

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Mortgage

Self-made real estate millionaire Barbara Corcoran says home prices could go up 10% if mortgage rates dip

Barbara Corcoran has said it before, and she’ll probably say it again: when mortgage rates fall, home prices will rise. “If rates go down just another percentage point…prices are going to go through the roof,” the self-made real estate millionaire and Shark Tank star told Fox Business yesterday.  The average 30-year fixed mortgage rate is

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