White House Realty

Dear home buyers: Breathe a sigh of relief in 2023, but not a heavy one.

'RECESSION': Housing market reportedly records sharpest decline in sales in almost two decades The sharp decline shows the lagging effect of the increased mortgage rate on the housing market, with prices still higher than the same time last year despite declining.

PACE, Inc. Housing Opportunity Center provides one on one guidance to match programs to individual needs. https://paceinfo.org/programs/housing-opportunity-center/

They also offer lists of available rental units in the city that are both subsidized and unsubsidized. Check out listings https://paceinfo.org/.../housing-opportunity-center/rentals/

Here's the loophole that makes the U.S. housing market more wobbly than it appears Lending standards on mortgages may not be as tight as they seem.

Critics: Institutional investors are barring hundreds of thousands of people from home ownership As rental prices soar nationwide, the Democratic chair of a House subcommittee called out 'predatory' behavior by institutional investors.

Learn about MassHousing Affordable mortgage loans and down payment assistance for first-time homebuyers in Massachusetts

The typical homebuyer in 2022 is totally different from 2008. It’s a good thing Rising mortgage rates mean the average American family pays 34% of monthly income to afford the typical family home, Black Knight says. It's not all bad news, though.

Legendary investor says we’re in the fifth great bubble of the modern era “2000 showed you can just about skate through a stock market event, but Japan and 2008 showed you can’t skate through a housing crisis,” Grantham says.