Rising Home Prices Lead to 10.5% Hike in Closing Costs

Home buyers are paying more in closing costs, but it’s mostly because they’re paying more to buy a home.

 

Home Buyers With Government Loans Struggle to Compete

Government-backed loans can offer lower down payment requirements and help some aspiring buyers purchase a home.

 

NAR: No Need to Panic Over Foreclosure Spike

While U.S. foreclosure starts rose 67% in September compared with a year ago, they remain well below historic levels.

 

Falling Lumber, Concrete Prices Offset Steel Increases in September

Prices paid for goods used in residential construction ex-energy decreased 0.8% in September.

 

Baby Boomers and Millennials are Vying for Homes, and Boomers are Winning

All-cash offers are the top strategy for winning a competitive bid.

 

Is The Housing Market In A Bubble? 3 Reasons Why The Answer Is No

The rapid rise in demand for housing and the sharp increase in home prices have led many to ask, “Are we in a bubble?” The short answer is no.

 

In Time For Autumn, Frameless Fireplaces Crackle With Style

In recent years, when people have sought out the charm, warmth and dancing flames of fireplaces, they’ve noticed a new head-turning style.

 

Mortgage Rates Surpass Three Percent

The 30-year fixed-rate mortgage rose to its highest point since April.

 

The Portland Real Estate Market Is Cooling Off, Just a Little Bit

But how long will that last?

 

Foreclosures Are Shooting Up—Is It a Repeat of the Early 2000s Housing Crisis?

With a federal moratorium on foreclosures ending, loan forbearance relief running out, and no end to the COVID-19 pandemic in sight, the latest data shows that foreclosures are starting to jump up.

 

US average mortgage rates jump; 30-year along at 3.05%

Average long-term mortgage rates jumped this week, with the benchmark 30-year loan again breaching 3%.

 

Instant Reaction: Mortgage Rates, October 14, 2021

Mortgage rates rose sharply above 3% this week, as consumer and producer prices continue to inflate due to persistent supply bottlenecks and labor difficulties.

 

S&P/Case-Shiller OR-Portland Home Price Index

 

S&P/Case-Shiller WA-Seattle Home Price Index