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Top related persons:
Andra Hopulele - 2 Hopulele - 2 Buyers - 1 they'd - 1 Mike Skordeles - 1 it's - 1 Louis Fed - 1 Point2 - 1
Top related locs:
San Francisco homeownership Truist West
Top related orgs:
Business - 1 overpaying - 1 Federal - 1 National Association of Realtors - 1

Search resuls for: "Hopulele"


3 mentions found


☆ Home prices are tumbling in these 25 cities, giving hope to buyers while costing owners who bought at the peak up to $223 per day
  + stars: | 2023-11-25 | by ( James Faris | ) www.businessinsider.com   time to read: +3 min
Many aspiring homeowners have been priced out of the market this year by lofty listing prices and crippling mortgage rates, and they just endured the worst quarter for home affordability since 1985 . Restrictive rates are crushing demand since buyers either can't afford a mortgage or don't want to pay up, while many owners are reluctant to sell since they'd then become buyers. A lack of willing buyers has put significant downward pressure on home prices for the first time since 2015 . "As mortgage rates choke buyers' attempts at homeownership, home prices ground to a halt in many cities, and they're dropping fast in others," Hopulele wrote. At that point, the Federal Reserve may be willing to cut interest rates, which would trickle down to mortgage rates .
Persons: Buyers, Andra Hopulele, they'd, Hopulele, Mike Skordeles, it's Organizations: Business, overpaying, Federal Locations: San Francisco, homeownership, Truist
☆ Homebuyers struggling to find a house while inventory hovers around its lowest point in years should look at these 13 large metro areas kick-starting new homebuilding fastest
  + stars: | 2023-09-16 | by ( Mark Reeth | ) www.businessinsider.com   time to read: +4 min
Meanwhile, housing starts were actually up 5.9% in July, but filings for housing permits fell 13% to 1,442,000. In the first half of this year, new housing permits plummeted 17.5% compared to the first half of 2022. "In the first half of 2022, an impressive 30 states saw year-over-year increases in their numbers of permits. All told, of the 384 metro areas that Point2 tracks data from, a mere 90 saw the number of housing permits increase year over year. Among those 384 metro areas, 56 fall under the large category, meaning they have populations of 1 million or more.
Persons: Louis Fed, Point2, Andra Hopulele, Hopulele Organizations: National Association of Realtors Locations: West
☆ Homebuyers priced out of New York, Boston, or Washington should look in these 69 affordable suburban towns where homes are less than half the price
  + stars: | 2023-05-16 | by ( James Faris | ) www.businessinsider.com   time to read: +3 min
Many homebuyers are priced out of US major cities as mortgage rates and inflation remain high. Here are 69 towns outside of New York City, Boston, or DC where houses are relatively affordable, according to a new report. Homebuyers hunting for reasonably priced properties near major cities should look east. Below are 69 suburban towns within 30 miles of New York, Boston, or Washington, DC, where home prices are less than half the price of their corresponding city on a per-square-foot basis. Along with each is its median price per square foot and the price and percentage differences from its city.
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