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Housing market

Housing market

Mortgage rates are declining, but buyers still need some coaxing to get back into the market. Signs in the market have analysts suggesting the worst of the current mortgage cycle may be behind us in 2024.
  • Business
    Bloomberg

    Chile Braces for a $552 Million Flood of Commercial Real Estate

    (Bloomberg) -- Investors in Chile are bracing for a rare flood of commercial buildings to hit the market as two of the nation’s largest real estate investment funds near liquidation.Most Read from BloombergSaudis Warned G-7 Over Russia Seizures With Debt Sale ThreatModi’s Embrace of Putin Irks Biden Team Pushing Support for KyivArchegos’ Bill Hwang Convicted of Fraud, Market ManipulationBiden Aides to Meet Senators After Pelosi Remarks Deal BlowNATO Singles Out China Over Its Support for Russia

  • World
    Reuters

    Housing crisis in Spain's cities drives rise in homelessness as tourism booms

    Francisco Carrillo sobbed with relief as he lay on the bed in his new apartment in Madrid provided by a charity after three years of sleeping rough in the backroom of a theatre. The 62-year-old pensioner found he couldn't afford rental prices in the capital when he moved from Jaen in southern Spain to seek treatment for throat cancer. Carrillo is one of a growing number of Spaniards who have found themselves priced out of the market amid a shortage of social housing and regulations that deter long-term rentals.

  • Business
    HousingWire

    Tepid housing market conditions persist: Optimal Blue

    Optimal Blue data shows that lower mortgage rates are creating more demand for refinances, but purchase activity remains subdued.