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Search resuls for: "Nicole Friedman"


25 mentions found


☆ High Rates, Low Supply Hinder Home Buying This Summer
  + stars: | 2023-07-20 | by ( Nicole Friedman | ) www.wsj.com   time to read: 1 min
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/home-sales-fall-as-would-be-buyers-face-high-rates-low-supply-c4f61963
Persons: Dow Jones
☆ Homeowners Don’t Want to Sell, So the Market for Brand-New Homes Is Booming
  + stars: | 2023-07-19 | by ( Nicole Friedman | Photographs Kim Raff For The Wall Street Journal | ) www.wsj.com   time to read: 1 min
LEHI, Utah—After mortgage rates shot up last year, Ivory Homes, one of Utah’s largest builders, suddenly had few buyers for the hundreds of homes it had under construction. So Clark Ivory, the chief executive, laid off 9% of his staff, and by January he had slashed construction by nearly 80% from its 2022 peak.
Persons: Clark Ivory Organizations: Ivory Homes Locations: LEHI, Utah
☆ Homeowners Don’t Want to Sell, So Home Builders Are Booming
  + stars: | 2023-07-19 | by ( Nicole Friedman | Photographs Kim Raff For The Wall Street Journal | ) www.wsj.com   time to read: 1 min
LEHI, Utah—After mortgage rates shot up last year, Ivory Homes, one of Utah’s largest builders, suddenly had few buyers for the hundreds of homes it had under construction. So Clark Ivory, the chief executive, laid off 9% of his staff, and by January he had slashed construction by nearly 80% from its 2022 peak.
Persons: Clark Ivory Organizations: Ivory Homes Locations: LEHI, Utah
☆ U.S. Home Prices Posted First Annual Decline Since 2012 in April
  + stars: | 2023-06-27 | by ( Nicole Friedman | ) www.wsj.com   time to read: 1 min
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/u-s-home-prices-posted-first-annual-decline-since-2012-in-april-a5d0bbdc
Persons: Dow Jones
☆ Three San Antonio Police Officers Arraigned on Murder Charges in Fatal Shooting
  + stars: | 2023-06-25 | by ( Nicole Friedman | ) www.wsj.com   time to read: 1 min
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/three-san-antonio-police-officers-arraigned-on-murder-charges-in-fatal-shooting-8109a0d7
Persons: Dow Jones
☆ Higher Interest Rates Hit Home Prices Again
  + stars: | 2023-06-22 | by ( Nicole Friedman | ) www.wsj.com   time to read: 1 min
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/higher-interest-rates-hit-home-prices-again-e6f57f55
Persons: Dow Jones, e6f57f55
☆ Zombie Mortgages Could Force Some Homeowners Into Foreclosure
  + stars: | 2023-06-04 | by ( Nicole Friedman | Ben Eisen | Photographs Justin T. Gellerson For The Wall Street Journal | ) www.wsj.com   time to read: 1 min
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/zombie-mortgages-could-force-some-homeowners-into-foreclosure-e615ab2a
Persons: Dow Jones
☆ Home Prices Rose in March for Second Straight Month
  + stars: | 2023-05-31 | by ( Nicole Friedman | ) www.wsj.com   time to read: 1 min
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/home-prices-rose-in-march-for-second-straight-month-dbc1553a
Persons: Dow Jones
☆ Home Prices Posted Largest Annual Drop in More Than 11 Years in April
  + stars: | 2023-05-18 | by ( Nicole Friedman | ) www.wsj.com   time to read: 1 min
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/home-prices-posted-largest-annual-drop-in-more-than-11-years-in-april-613f2d58
☆ The Home Buyer’s Quandary: Nobody’s Selling
  + stars: | 2023-05-10 | by ( Nicole Friedman | ) www.wsj.com   time to read: 1 min
Many Americans who want to move are trapped in their homes—locked in by low interest rates they can’t afford to give up. These “golden handcuffs” are keeping the supply of homes for sale unusually low and making the market more competitive and pricey than some forecasters expected.
☆ Home Prices Fell in Third of the U.S. During First Quarter
  + stars: | 2023-05-09 | by ( Nicole Friedman | ) www.wsj.com   time to read: 1 min
Home sales have fallen nationwide over the past year amid higher mortgage rates and limited supply. Photo: Justin Sullivan/Getty ImagesHome prices fell in more parts of the U.S. than they have in over a decade during the first quarter, when nearly a third of metro areas posted annual price declines, the National Association of Realtors said Tuesday. During the peak of the housing boom, home prices surged in practically every corner of the U.S. Now, the housing market is split down the middle of the country, with prices still rising in many parts of the Midwest, South and Northeast while sliding in Western states.
☆ Tight Supply Fuels Demand for Newly Built Homes
  + stars: | 2023-05-02 | by ( Nicole Friedman | ) www.wsj.com   time to read: 1 min
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/tight-supply-fuels-demand-for-newly-built-homes-8f9a43d9
☆ Home Prices Rose in February for First Time Since June
  + stars: | 2023-04-25 | by ( Nicole Friedman | ) www.wsj.com   time to read: 1 min
PHOTO: Joe Raedle/Getty ImagesHome prices rose in February from the prior month, snapping a seven-month streak of declines, as buyers competed for a limited number of homes for sale. The S&P CoreLogic Case-Shiller National Home Price Index, which measures home prices across the nation, rose 0.2% in February compared with January on a seasonally adjusted basis.
☆ Home Sales Fell in March as Mortgage Rates Weighed on Market
  + stars: | 2023-04-20 | by ( Nicole Friedman | ) www.wsj.com   time to read: 1 min
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/home-sales-fell-in-march-as-mortgage-rates-weighed-on-market-db88aac7
☆ Home Prices in March Posted Biggest Annual Decline in 11 Years
  + stars: | 2023-04-20 | by ( Nicole Friedman | ) www.wsj.com   time to read: 1 min
PHOTO: Joe Raedle/Getty ImagesHome sales fell across the U.S. in March, a sluggish start to the crucial spring selling season as higher mortgage rates squashed momentum from the previous month. U.S. existing-home sales decreased 2.4% in March from the prior month to a seasonally adjusted annual rate of 4.44 million, the National Association of Realtors said Thursday. March sales fell 22% from a year earlier.
☆ It’s a Tough Time for Divorcing Couples Who Jointly Own a Home
  + stars: | 2023-04-10 | by ( Nicole Friedman | ) www.wsj.com   time to read: 1 min
When Ashley Worsham was getting a divorce last year, she wanted to continue living in the Sarasota, Fla., home she purchased in 2020 with her then-husband, Luke Giaccone. But refinancing their current mortgage to take Mr. Giaccone off the loan would have raised her monthly payments by about $500 a month. “I noped out of that really fast,” she said.
☆ Home Prices Fell in January for Seventh Straight Month
  + stars: | 2023-03-28 | by ( Nicole Friedman | ) www.wsj.com   time to read: 1 min
Home prices declined in January from the prior month as increased mortgage rates continued to slow the housing market. The S&P CoreLogic Case-Shiller National Home Price Index, which measures home prices across the nation, fell 0.2% in January compared with December on a seasonally adjusted basis. Prices have fallen for seven straight months, the longest streak of declines since 2012.
☆ A Tale of Two Housing Markets: Prices Fall in the West While the East Booms
  + stars: | 2023-03-27 | by ( Nicole Friedman | ) www.wsj.com   time to read: 1 min
The United States is a country of two housing markets. In one, home prices are falling from a year ago. In the other, they’re still posting annual gains. In all of the 12 major housing markets west of Texas, plus Austin, home prices fell in January on an annual basis, according to mortgage-data firm Black Knight Inc.’s home-price index. In the 37 biggest metro areas east of Colorado, except Austin, home prices rose year-over-year.
☆ Home Prices Fell in February for First Time in 11 Years
  + stars: | 2023-03-21 | by ( Nicole Friedman | ) www.wsj.com   time to read: 1 min
The first year-over-year drop in home prices in more than a decade and a dip in mortgage rates snapped a yearlong streak of declining monthly home sales, showing the effects of the Federal Reserve’s campaign to raise interest rates. Sales of previously owned homes, which make up most of the housing market, rose 14.5% in February from the prior month, but were down 22.6% from a year earlier, the National Association of Realtors said Tuesday. Sales had decreased for 12 consecutive months through January.
☆ Housing Market Momentum Stalls as Critical Spring Season Approaches
  + stars: | 2023-03-06 | by ( Nicole Friedman | ) www.wsj.com   time to read: 1 min
Rising mortgage rates are cooling the U.S. housing market, sapping recent buyer interest heading into the crucial spring selling season. Economists, home builders and real-estate agents saw evidence of a thaw in early 2023, when rates declined from over 7% in November to 6.09% in early February. That was enough to lure back some buyers who had adjusted to higher borrowing costs.
☆ Home-Price Growth Slowed in 2022
  + stars: | 2023-02-28 | by ( Nicole Friedman | ) www.wsj.com   time to read: 1 min
Existing-home sales last year fell to the lowest level since 2014. Home-price growth decelerated in 2022 after a rapid rise in mortgage rates priced many buyers out of the market. The S&P CoreLogic Case-Shiller National Home Price Index, which measures home prices across the nation, rose 5.8% in the year ended in December, down from a 7.6% annual rate the prior month. The increase was the lowest December-to-December change since 2019.
☆ U.S. Home Sales Fall for 12th Straight Month
  + stars: | 2023-02-21 | by ( Nicole Friedman | ) www.wsj.com   time to read: 1 min
Home-shopping activity increased in January and early February, real-estate agents said. The U.S. housing market weakened in January for the 12th straight month as continued high mortgage rates kept buyers on the sidelines. Sales of previously owned homes, which make up most of the housing market, fell 0.7% in January from the prior month to a seasonally adjusted annual rate of 4 million, the slowest since October 2010, the National Association of Realtors said Tuesday. January sales fell 36.9% from a year earlier.
☆ As Home Sales Slow, Realtors Go Back to Their Other Jobs
  + stars: | 2023-02-14 | by ( Anne Marie Chaker | Nicole Friedman | ) www.wsj.com   time to read: 1 min
Dave Parker has quit trying to sell houses. Last spring, the 46-year-old father of three joined a real-estate brokerage in Silver Spring, Md., hoping to make money on the booming housing market. Less than a year later, mortgage rates have climbed and many would-be clients have backed out. Mr. Parker recently took on more hours at a Giant Food supermarket where he already worked part time as a dairy manager.
☆ Steepest Home-Price Declines in Fourth Quarter Were in the West
  + stars: | 2023-02-09 | by ( Nicole Friedman | ) www.wsj.com   time to read: 1 min
U.S. home prices rose in the fourth quarter from a year earlier, but once-booming West Coast markets were among a growing number of metro areas to post price declines, the National Association of Realtors said Thursday. Falling prices were especially prominent in California, where home values had been among the highest or rose the fastest before last year’s slowdown. San Francisco was the hardest hit, posting a 6.1% median single-family existing-home sales price decline. San Jose median prices fell 5.8%, and Los Angeles and Sacramento also posted year-over-year price declines in the quarter.
☆ Home-Buying Companies Stuck With Hundreds of Houses as Demand Slows
  + stars: | 2023-02-07 | by ( Will Parker | Nicole Friedman | ) www.wsj.com   time to read: 1 min
Ribbon Home Inc. had a fast-growing business during the housing boom. The New York City-based startup purchased homes with cash on behalf of buyers. Then it sold the homes to the buyers at the same price, plus a fee, once the buyers got a mortgage. This approach made their clients’ offers more appealing, since sellers often prefer all-cash transactions that can close quickly and are considered more reliable. Ribbon has been active in hot markets such as Atlanta and Charlotte.
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