Redfin: Sun Belt buyers need 40% more income than they did a year ago to afford a home

Across the U.S., homebuyers need 34% more income than they did one year ago to afford a house.

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Redfin: Sun Belt buyers need 40% more income than they did a year ago to afford a home

bizjournals bizjournals | 1 year ago

Across the U.S., homebuyers need 34% more income than they did one year ago to afford a house.

Here's how much more income Philadelphia buyers need to afford a home than they did a year ago

bizjournals bizjournals | 1 year ago

With mortgage rates and home prices on the rise, so is the amount you need to make to buy a home in the Philadelphia market. Despite the bump, it's one of the smallest across the U.S.

Typical Atlanta mortgage payment costs hundreds more than it did a year ago

bizjournals bizjournals | 1 year ago

Rising interest rates and record home prices are making mortgage payments much more expensive.

Surging interest rates push mortgage demand down more than 40% from a year ago

Broadcast Media Production and... Broadcast Media Prod... | 2 years ago

Fast-rising mortgage rates are cutting demand for home loans drastically.

Mortgage volumes down by over 40% compared to a year ago

In-depth analysis, data and st... In-depth analysis, d... | 2 years ago

A Record Number Of Sun Belt Home Buyers Are Backing Out Of Deals

forbes forbes | 1 year ago

A Record Number Of Sun Belt Home Buyers Are Backing Out Of Deals In Atlanta, 22.6% of homes that went under contract in August were called off. getty In Atlanta, 22.6% of homes that went under contract in August were called off. The pandemic ignited a home-buying frenzy as many people pursued buying a home in less expensive areas. But a quickly rebalancing housing market – brought about by sharp increases in mortgage rates that have pushed monthly payments beyond what many can afford – has ...

Opinion: Do loan officers need more tech than they have now?

housingwire housingwire | 1 year ago

Loan officers don't really use all the functions of the technology they already have. So, why do they need more? The post Opinion: Do loan officers need more tech than they have now? appeared first on HousingWire.

Atlanta home price growth nears 25%, but other Sun Belt cities are more expensive

bizjournals bizjournals | 1 year ago

The Georgia capital still trails those in similar Sun Belt destinations where real estate has boomed amid the pandemic.

‘Buyers of a Median-Price Home Are Looking at a Monthly Mortgage Payment That Is Almost 50% Higher...

www.realtor.com www.realtor.com | 1 year ago

After rising at the fastest pace in 40 years, mortgage rates level off — but buyers should brace for persistently higher rates. The post ‘Buyers of a Median-Price Home Are Looking at a Monthly Mortgage Payment That Is Almost 50% Higher Than It Was a Year Ago.’ The 30-Year Mortgage Rate Dips Slightly to 5.1% appeared first on Real Estate News & Insights | realtor.com®.

Taurus Investment Holdings Buys 1.4 MSF Sun Belt Portfolio

commercialsearch commercialsearch | 1 year ago

Capital One financed the purchase with a $109.8 million bridge loan. The post Taurus Investment Holdings Buys 1.4 MSF Sun Belt Portfolio appeared first on Commercial Property Executive.