Mortgage Rates Will Remain Above 7% Through 2027, Top Economist Forecasts
Mortgage rates will remain elevated above 7% through the end of next year, according to the forecast of a top housing economist with the Mortgage Bankers Association. "Inflation is too high, leading central banks to raise short-term rates, while budget deficits and debt are unsustainably high, leadi
Price Cuts Are the Best Concession To Motivate First-Time Buyers, Survey Finds
First-time homebuyers are gaining confidence in their ability to make the correct decisions in a challenging market. However, one major factor still needs to change before many prospective buyers will take the leap: Sellers need to bring home prices down. In a survey of people who are searching for
One of Frank Lloyd Wright’s First Commissions Lists near Chicago for $2.4 Million
Frank Lloyd Wright's prairie style and usonian homes are well recognized around the world, but his earlier commissions—those completed between the 1890s—are not nearly as well-known. Built in 1895, the Chauncey Williams House in River Forest, IL which is now listed for $2.4 million, is one of those.
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