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The Latest Breaking News from Lawrence Yun

Toll Brothers Chills Guidance As Housing Market Cools

Toll Brothers reported fiscal third quarter earnings late Tuesday as the U.S. weathers a housing recession.

Investors Business Daily

Is the housing market about to crash? Here’s what experts are saying

The U.S. housing market may be starting to slow down, but it is still hot. Double-digit appreciation is commonplace. Many sellers are still giddily sifting through multiple offers, and frantic buyers continue to pay more than asking prices — sometimes by $100,000 or more.

Tribune News Service

Foreign Purchases of U.S. Homes Fall to New Low

Foreign Purchases of U.S. Homes Fall to New Low

Foreign purchases of U.S. homes slid for a fifth straight year as the pandemic continued to limit international travel and the dollar strengthened.

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Texas home buyers are competing against investors across the globe

Texas is an epicenter for foreign investment in the U.S. housing market.

Tribune News Service

Chinese Investors Buy $6.1 Billion Worth Of US Homes In Past 12 Months

For the first time in three years, activity from overseas real estate buyers has increased. During a time when the housing market is under incredible scrutiny and seeing astonishing prices, investors from China are gobbling up available homes.

Annual Foreign Investment In US Home Sales Up 8.5% To $59 Billion

Global investors are paying record prices for U.S. residential real estate. What Happened: According to new data from the National Association of Realtors, international buyers purchased $59 billion worth of U.S. residential properties between April 2021 and March 2022, up 8.5% from the same period one year earlier.

Housing Beat: Mortgage Rates Spike As Median Rental Housing Prices Break Records

This week in the housing and mortgage industries saw the continued rise of mortgage rates, the continued slump in existing home sales and rental housing costs reaching record-breaking highs.

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KB Home Beats, Following Lennar, But Notes Sales Slowdown

KB Home Beats, Following Lennar, But Notes Sales Slowdown

Homebuilder KB Home on Wednesday reported second-quarter earnings and a full-year outlook that beat expectations.

Investors Business Daily

Housing Beat: Home Sales Drop, Homeowners Insurance Spikes, Builder Confidence Tanks

Housing Beat: Home Sales Drop, Homeowners Insurance Spikes, Builder Confidence Tanks

The U.S. housing market showed unmistakable signs of stalling this week. Despite a decline in mortgage rates, mortgage applications and home sales were down while the cost of homeowners insurance was rising across most of the nation.

Home sales tumble again as mortgage rates surge

Sales of previously occupied U.S. homes slowed in April for the third month in a row as mortgage rates surged, driving up borrowing costs for would-be homebuyers as home prices soared to new highs

The Independent UK

Double-digit home price gains are a national phenomenon

Across the country, 70% of metro areas experienced double-digit home price gains in the first quarter, according to a new report from the National Association of Realtors.

Tribune News Service

Housing Beat: Mortgage Rates Break The 5% Level; Buyers Settle On Smaller Homes

Housing Beat: Mortgage Rates Break The 5% Level; Buyers Settle On Smaller Homes

The latest U.S. housing and mortgage data points to rates continuing their dizzying rise, fewer homes being sold and prospective buyers agreeing to purchase smaller properties.

The Housing Market Conundrum: Home Sales And Prices Soar While Inventory Shrinks

The Housing Market Conundrum: Home Sales And Prices Soar While Inventory Shrinks

The U.S. housing market is barreling into 2022 with a magnified version of the dilemma it carried last year: a seemingly nonstop rise in home sales and prices while available properties continue to be an elusive commodity.

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National Association of Realtors

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