Capitalize Financial
No Result
View All Result
Sunday, April 2, 2023
  • Home
  • Business
  • Economy
  • World
  • Markets
  • Tech
  • Real Estate
Capitalize Financial
  • Home
  • Business
  • Economy
  • World
  • Markets
  • Tech
  • Real Estate
No Result
View All Result
Capitalize Financial
No Result
View All Result
Home Sports

Fed mortgage securities purchases draw fire in white-hot US housing market

by capitalizefinancial
May 26, 2021
in Sports
0
Fed mortgage securities purchases draw fire in white-hot US housing market

Exterior view of house with for sale sign, from front lawn

Aaron Layman has never seen a more competitive housing market.

Layman, a real estate broker and housing analyst based in Denton County, Texas, said homes for sale in the Dallas-Fort Worth area are selling in about six days on average, compared to the typical 45-day average. A rush of speculators has flooded the market with all-cash offers and whittled inventory down to about 15% of typical levels. And modest, single-family homes are going for 20% more than their listing price in a matter of hours.

“It’s just crazy. Houses will get listed on Thursday and they’ll be looking at 20 offers by Sunday evening,” Layman said in an interview.

Those same conditions are playing out in housing markets across the U.S. as historically low mortgage rates, shifting work conditions and more than a year of pent-up savings have created an extreme imbalance between supply and demand. U.S. home values hit an all-time high in April and posted the biggest annual jump — 11.6% — since 2005, according to Zillow, an online real estate marketplace.

Read more

No Result
View All Result

Subscribe Us

By clicking on Subscribe, I confirm that I have read and agree to the terms set forth in the Privacy Policy and Terms of Service including Capitalize Financial ability to use and share my information and Capitalize Financial, or third-party companies and business partners, may send me offers for products and services at the email address I have provided. I understand that my information may be supplemented with additional information obtained from other sources.
  • Trending
  • Comments
  • Latest

Capital One Savings Account Rates for November 2022

Gas Prices Today, October 22, 2022: Check the cheapest Gas Stations Today

7 personal finance tips for Gen Z, from a Gen Xer

NASA’s Orion spacecraft breaks Apollo 13 flight record

These are the 10 housing markets across the US where home sellers are sitting pretty

These are the 10 housing markets across the US where home sellers are sitting pretty

Embrace Technology And Stop Playing “Guess Who” With Your Customers

10 Best Finance Podcasts for 2023

NASA’s Webb Telescope Confirms First Exoplanet

Recent News

These are the 10 housing markets across the US where home sellers are sitting pretty

Embrace Technology And Stop Playing “Guess Who” With Your Customers

Categories

  • Business
  • Cryptocurrency
  • Economy
  • entertainment
  • finance
  • health
  • Markets
  • Music
  • Opinion
  • Politics
  • Real Estate
  • Science
  • Sports
  • Tech
  • World

Site Navigation

  • Contact Us
  • Privacy & Policy
  • Terms Of Service
  • Unsubscribe

© 2021 capitalize Financial All Rights Reserved

No Result
View All Result
  • Advertisement
  • Contact Us
  • Homepages
    • Home 1
    • Home 2
    • Home 3
    • Home 4
    • Home 5
  • World
  • Economy
  • Business
  • Opinion
  • Markets
  • Tech
  • Real Estate

© 2021 capitalize Financial All Rights Reserved