Urban Home Group

Urban Home Group Denver Real Estate, Investment and Property Management Professionals

Mortgage demand drops as rates rise to the highest level since last November - MarketWatch
03/01/2023

Mortgage demand drops as rates rise to the highest level since last November - MarketWatch

Mortgage applications fell 5.7% in the latest week, the Mortgage Bankers Association said.

Why new-home sales are up — but existing-home sales aren’t - Axios
02/27/2023

Why new-home sales are up — but existing-home sales aren’t - Axios

It's a tale of two housing markets. New home sales rose more than expected in January, climbing 7.2% from the month before, per government data out Friday.

ranks 8th in the US for income-to-mortgage ratio | FOX31 Denver
02/24/2023

ranks 8th in the US for income-to-mortgage ratio | FOX31 Denver

Colorado is one of only eight states in which the median-priced home is more than half a million dollars.

U.S. interest jump to highest level since November - Reuters
02/22/2023

U.S. interest jump to highest level since November - Reuters

The average interest rate on the most popular U.S. home loan rose last week to its highest since November as bond markets took fright that the Federal Reserve might have to continue tightening policy through summer to subdue inflation, data from the Mortgage Bankers Association...

U.S. existing home sales fall in January, but pace slowing - Reuters
02/21/2023

U.S. existing home sales fall in January, but pace slowing - Reuters

U.S. existing home sales dropped to a more than 12-year low in January, but the pace of decline slowed, raising cautious optimism that the housing market slump could be close to reaching a bottom.

Where U.S. house prices may be most overvalued as climate change worsens - The Washington Post
02/16/2023

Where U.S. house prices may be most overvalued as climate change worsens - The Washington Post

The nation’s real estate market has yet to fully account for the increasing threats to millions of homes from rising seas, stronger storms and torrential downpours, according to new research published Thursday.

Best Places to Invest in U.S. Vacation Rentals in 2023 | AirDNA
02/14/2023

Best Places to Invest in U.S. Vacation Rentals in 2023 | AirDNA

AirDNA’s vacation rental market data helps you uncover the best places to invest in a rental property in 2023. Discover the 25 best STR rental markets today.

Workers are moving to these 5 U.S. cities more than anywhere else - Money
02/13/2023

Workers are moving to these 5 U.S. cities more than anywhere else - Money

Remote work continues to influence who is likely to move and where they go.

5 markets where it’s cheaper to buy than rent - National News
02/08/2023

5 markets where it’s cheaper to buy than rent - National News

High home prices have driven many prospective borrowers to rent, but escalating monthly rates have evened the playing field in some of the nation's larger metros.

5 findings that characterize the market today - National News https://stocks.apple.com/AFTpIMh-JQP68BsPRcD8u5
02/07/2023

5 findings that characterize the market today - National News https://stocks.apple.com/AFTpIMh-JQP68BsPRcD8u5

The housing market of 2023 looks very different to the one seen not that long ago, when interest rates hit stunning lows. As buyer and seller behavior shifts in reaction to higher interest rates and sour macroeconomic predictions, mortgage originators are wise to observe carefully and reshuffle thei...

The 10 Best, Least Bubbly Markets for Homebuyers in 2023
02/06/2023

The 10 Best, Least Bubbly Markets for Homebuyers in 2023

At least 28 million people plan to buy real estate in 2023, and these 10 markets have shown significant resilience as home prices decline nationwide.

What another Fed rate hike would mean for mortgages, credit card bills and more - CNBC
01/31/2023

What another Fed rate hike would mean for mortgages, credit card bills and more - CNBC

The Federal Reserve is expected to raise interest rates once again this week. Here's what that means for your wallet.

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