Deep-Pocketed Buyers Flock to London’s Hampstead, Where Harry Styles and Benedict Cumberbatch Own Homes

Deep-Pocketed Buyers Flock to London's Hampstead, Where Harry Styles and Benedict Cumberbatch Own Homes

Italian-born fashion designer Mara Girone, 46, and her British husband, Mark Tyers, 47, moved to Hampstead village in 2017 with their two children. The village is less than half a mile from Hampstead Heath, a 790-acre area of ​​woodlands and ponds, and the heath and surrounding areas are a popular respite for London residents looking … Read more

Fed official doesn’t think housing market is headed for a crash: ‘I am trying to buy a house here in Washington and the market is crazy’

Fed official doesn't think housing market is headed for a crash: 'I am trying to buy a house here in Washington and the market is crazy'

Federal Reserve Governor Christopher Waller has no doubt about how competitive today’s housing market is. “Trust me, I know it is red hot because I am trying to buy a house here in Washington and the market is crazy,” Waller said in a speech at a housing conference. But even as home and rental prices … Read more

‘The housing market is in the early stages of a substantial downshift’: Home sales may drop 25% by the end of summer, according to this analyst. Here’s why.

'The housing market is in the early stages of a substantial downshift': Home sales may drop 25% by the end of summer, according to this analyst.  Here's why.

The popular spring home-buying season is just ramping up. But one analyst is warning that it could be a bust. Ian Shepherdson, chief economist and founder of research consulting firm Pantheon Macroeconomics, is predicting a dramatic fall in the pace of home sales this year. In a research note, he projected that existing-home sales will … Read more

‘The housing market is in the early stages of a substantial downshift’: Home sales may drop 25% by the end of summer, according to this analyst. Here’s why.

'The housing market is in the early stages of a substantial downshift': Home sales may drop 25% by the end of summer, according to this analyst.  Here's why.

The popular spring home-buying season is just ramping up. But one analyst is warning that it could be a bust. Ian Shepherdson, chief economist and founder of research consulting firm Pantheon Macroeconomics, is predicting a dramatic fall in the pace of home sales this year. In a research note, he projected that existing-home sales will … Read more

Home Sales Fell in February Amid Tight Supply, Rising Mortgage Rates

Home Sales Fell in February Amid Tight Supply, Rising Mortgage Rates

Sales of previously owned homes declined in February as rising mortgage-interest rates and a shortage of homes for sale made it difficult for buyers to compete. Existing-home sales fell 7.2% in February from the prior month to a seasonally adjusted annual rate of 6.02 million, the National Association of Realtors said Friday. February sales fell … Read more

Mortgage Rates Top 4% for the First Time Since 2019

Mortgage Rates Top 4% for the First Time Since 2019

The era of ultralow mortgage rates is over. The average rate for a 30-year fixed mortgage topped 4% for the first time since May 2019, Freddie Mac said Thursday. At the beginning of the year, the average rate on America’s most popular home loan was 3.22%. It hit a record low of 2.65% in January … Read more