Economic events | The Krauss Organization

Weekly mortgage demand from homebuyers is flattening as interest rates rise

Thianchai Sitthikongsak | Moment | Getty ImagesMortgage demand is struggling to contend with what appears to be another upswing in interest rates. Homebuyers in particular are pulling back.Total mortgage application volume rose 3.7% last week compared with the...

Mortgage rates jump back over 7% as stronger economic data rolls in

This photo taken on Aug. 22, 2023 shows an advertisement in front of a real estate for sales in Millbrae, California, the United States. The sales of previously owned homes in the United States dropped 2.2 percent in July from June to a seasonally adjusted, annualized...

Why U.S. renters are taking corporate landlords to court

A group of renters in the U.S. say their landlords are using software to deliver inflated rent hikes.”We’ve been told as tenants by employees of Equity that the software takes empathy of the equation. So they can charge whatever the software tells them to...

How RealPage influences rent prices across the U.S.

ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailRealPage software is used to set rental prices on 4.5 million housing units in the U.S. A series of lawsuits allege that a group of landlords are sharing sensitive...

Rental markets are softening, but half of U.S. tenants spend more than they can afford, Harvard report finds

Sneksy | E+ | Getty ImagesRent prices are coming down in some areas, but not at the pace needed to relieve tenants struggling to pay rent.Half of renters in the U.S. spent more than 30% of their income in 2022 on rent and utilities, according to the new...