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How Lehman’s collapse 15 years ago changed the U.S. mortgage industry
By: Joe Hernandez I NPR
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WASHINGTON, D.C. (NPR) — Fifteen years ago, the world witnessed the largest commercial collapse in history. The financial giant Lehman Brothers filed for bankruptcy on Sept. 15, 2008, with $613… Read More
Home prices see biggest drop in 9 years, thanks to higher mortgage rates
By: Chris Arnold | NPR
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WASHINGTON, D.C. (NPR) — Higher mortgage rates are throwing a bucket of ice-water on the super-heated housing market. Home prices in August were down about 6% from their peak in… Read More
Ohio housing market begins to ‘plateau’ but demand puts pressure on limited apartment rentals
By: Andy Chow | Statehouse News Bureau
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COLUMBUS, Ohio (Statehouse News Bureau) — The demand for houses in Ohio is starting to level off, with a dip in sales and a smaller increase in the average price,… Read More
First-time homebuyers are getting squeezed out by investors
By: Chris Arnold | Anthony Tellez | NPR
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WASHINGTON, D.C. (NPR) — Record high home prices and low inventory were already making things hard for first-time homebuyers. But new numbers show that investors are driving even more people… Read More
More Space, Please: Home Sales Booming Despite Pandemic, Recession
By: Chris Arnold | NPR
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Despite high unemployment, a severe recession and economic uncertainty, the housing market is on a tear. Sales are booming, and prices hit a record high. Low rates and remote work are driving factors.