India  

Buyers Looking to New Homes and Cheaper Housing Markets

Video Credit: Wibbitz Top Stories - Duration: 01:31s - Published
Buyers Looking to New Homes and Cheaper Housing Markets

Buyers Looking to New Homes and Cheaper Housing Markets

Buyers Looking to , New Homes and Cheaper , Housing Markets.

Despite record mortgage rates, Americans continue to purchase new homes.

According to the 'Wall Street Journal' and Realtor.com, the Midwest offers prospective homeowners the most affordable possibilities.

The Emerging Housing Markets Index report, released on October 25, says high mortgage rates have kept many homeowners from selling, suppressing the sales market.

.

However, buyers have instead been looking to find newly constructed homes, creating a situation that benefits builders.

It helps that builders can be a little bit more flexible in the terms that they can offer buyers.

You know, they can pay points to help lower the mortgage rate that buyers of new constructions are getting, Danielle Hale, Chief economist at Realtor.com, via 'Newsweek'.

Builders don't have any emotional skin in the game.

They're just trying to price for what will get the deal done, Danielle Hale, Chief economist at Realtor.com, via 'Newsweek'.

Data from the Census Bureau and the Department of Housing and Urban Development suggest that sales of new single-family homes surged in September.

Sales were up over 12% compared with August, reaching 759,000, which is almost 34% higher than the same time in 2022, exceeding analyst expectations.

According to Danielle Hale, chief economist at Realtor.com, the top five of the top 20 markets are in state capitals.

.

Prospective buyers looking to find affordable homes can also reportedly look to places like Elkhart-Goshen, Indiana, Springfield, Ohio, and Jefferson City, Missouri.

Prospective buyers looking to find affordable homes can also reportedly look to places like Elkhart-Goshen, Indiana, Springfield, Ohio, and Jefferson City, Missouri.

Prospective buyers looking to find affordable homes can also reportedly look to places like Elkhart-Goshen, Indiana, Springfield, Ohio, and Jefferson City, Missouri


You Might Like


💡 newsR Knowledge: Other News Mentions

United States Census Bureau United States Census Bureau U.S. agency responsible for the census and related statistics

Naples, Florida, Ranked Number One Place to Live in the US [Video]

Naples, Florida, Ranked Number One Place to Live in the US

Naples, Florida, Ranked Number One, Place to Live in the US. 'Naples Daily News' is proud to report that the Florida city ranks as the number one Best Place to Live in the United States, according to U.S. News & World Report. The annual Best Places to Live in the U.S. list often features the Southwestern Florida city for its weather and overall quality of life. In the past ten years, Naples has also emerged as the Pickleball Capital of the World, hosting the very first championships for the popular sport in 2016. Naples, Florida, takes the top spot due to its strong desirability and job market scores, and moderately high quality-of-life score, U.S. News report, via 'Naples Daily News'. Other Florida cities to make the list were Sarasota at number 11 followed by Pensacola at number 31. Other Florida cities to make the list were Sarasota at number 11 followed by Pensacola at number 31. According to U.S. News & World Report, the list is , "designed to help readers make the most informed decision when choosing where to settle down.". To craft the methodology, U.S. News asked thousands of people to tell us what factors are important to them when choosing a place to live, U.S. News statemet, via 'Naples Daily News'. Data used in the report comes from the U.S. Census Bureau, FBI, Bureau of Labor Statistics, Sharecare, the Federal Emergency Management Agency (FEMA), National Oceanic and Atmospheric Administration (NOAA). Data used in the report comes from the U.S. Census Bureau, FBI, Bureau of Labor Statistics, Sharecare, the Federal Emergency Management Agency (FEMA), National Oceanic and Atmospheric Administration (NOAA). According to U.S. News, cities are ranked according to four indexes: , the Quality of Life Index, Value Index, Job Market Index and Desirability Index. Meanwhile, another Southwest Florida city, Fort Meyers, ranked as the number one "Fastest Growing Places" list for the U.S., along with three other Florida cities ranking among the top 5. Meanwhile, another Southwest Florida city, Fort Meyers, ranked as the number one "Fastest Growing Places" list for the U.S., along with three other Florida cities ranking among the top 5

Credit: Wibbitz Top Stories    Duration: 01:31Published

Indiana Indiana U.S. state

Pat McAfee Apologizes for Calling Caitlin Clark "White B****" During Controversial ESPN Segment | THR News Video [Video]

Pat McAfee Apologizes for Calling Caitlin Clark "White B****" During Controversial ESPN Segment | THR News Video

Pat McAfee is apologizing for referring to WNBA superstar Caitlin Clark as a "white bitch" during a segment on his ESPN show. McAfee appeared on his ESPN show arguing that Indiana Fever star Clark is the singular reason behind the WBNA's surge in popularity and addressing claims that her race is what sets her apart. McAfee went onto say, "I would like the media people that continue to say, 'This rookie class, this rookie class.' Nah, just call it for what it is. There is one white bit*h for the Indiana team who is a superstar."

Credit: The Hollywood Reporter    Duration: 01:49Published

Ohio Ohio U.S. state

Watch| Donald Trump Announces JD Vance as VP Pick At Republican National Convention| Full Video [Video]

Watch| Donald Trump Announces JD Vance as VP Pick At Republican National Convention| Full Video

Republican Presidential Candidate Donald Trump has chosen former critic JD Vance as his vice-presidential nominee. Vance, a 39-year-old Ohio Senator and author, was confirmed as VP pick by RNC delegates. Despite past criticisms of Trump, Vance has become a strong supporter. After winning his Senate seat with Trump's endorsement in 2022, Vance is now attacking Joe Biden, calling him an "incapacitated president" and accusing Democrats of lying about Biden's health. #JDVance #DonaldTrump #Trump2024 #TrumpAttack #TrumpVance #TrumpVance2024 #BidenHarris #RepublicanParty #RNC2024 #NationalConvention #USElections #Worldnews #USnews #Oneindia #Oneindianews ~PR.320~HT.95~ED.102~

Credit: Oneindia    Duration: 03:32Published
Donald Trump Announces Ohio Senator J.D. Vance as His Vice-Presidential Pick | THR News Video [Video]

Donald Trump Announces Ohio Senator J.D. Vance as His Vice-Presidential Pick | THR News Video

Donald Trump has chosen J.D. Vance as his running mate as he seeks to unseat President Joe Biden for a second term as president of the United States. Vance is a freshman senator from Ohio who rose to fame with his 2016 memoir 'Hillbilly Elegy.' The book was turned into a movie starring Glenn Close and Amy Adams in 2020. The film adaptation received two Academy Award nominations, including a best supporting actress nomination for Close. Trump shared the news on his social media platform Truth Social on Monday.

Credit: The Hollywood Reporter    Duration: 01:12Published

Trump reveals JD Vance as running mate for US election

Donald Trump has announced Ohio senator JD Vance as his running mate for November's US election.
Sky News
Tragedy Strikes Ohio Nightclub: Two Dead, Two Injured in Shooting Spree | Details [Video]

Tragedy Strikes Ohio Nightclub: Two Dead, Two Injured in Shooting Spree | Details

A tragic mass shooting unfolded at the Avalon Dance Club in downtown Columbus, Ohio, early Friday morning, resulting in the deaths of two individuals and injuries to two others. According to local news outlet 10TV, the incident erupted around 1:45 a.m. during an altercation at the nightclub. Officers responded to Aura, formerly known as Avalon nightclub, in the 200 block of North Fifth at about 1:45 a.m. on Friday on report of a shooting, according to the Columbus Division of Police. #OhioNightclubShooting #TragedyInOhio #NightclubViolence #ColumbusOhio #ShootingSpree #Fatalities #InjuriesReported #PoliceInvestigation #AuraNightclub #ViolentIncident #CommunitySafety #GunViolence #CrimeNews #BreakingNews #OhioShooting ~HT.178~PR.152~ED.103~GR.125~

Credit: Oneindia    Duration: 03:20Published
Cucumbers Are Recalled in 14 States [Video]

Cucumbers Are Recalled in 14 States

Cucumbers Are Recalled , in 14 States. Fresh Start Produce Sales in Florida is recalling cucumbers over possible salmonella contamination, 'Newsweek' reports. The 14 states affected by the recall include Alabama, Florida, Georgia, Illinois, Maryland, North Carolina, New Jersey, New York, Ohio, Pennsylvania, South Carolina, Tennessee, Virginia and West Virginia. Only large, whole cucumbers are included in the recall. Mini and English cucumbers are considered safe to eat. The Pennsylvania Department of Agriculture first informed Fresh Start that its product tested positive for salmonella. The FDA is conducting whole genome sequencing to determine if this sample is related to an ongoing salmonella outbreak investigation, Via recall notice. Fresh Start believes it recalled the product before it could make it into consumers' hands. Although these cucumbers are unlikely [to be found] in the marketplace, anyone with the recalled product should not consume it and should destroy and discard it or return it to the place of purchase for a refund, Fresh Start Produce Sales, via statement. Consumers should check with their retailer or place of purchase to determine whether the recalled cucumbers were sold where they shop, Fresh Start Produce Sales, via statement

Credit: Wibbitz Top Stories    Duration: 01:31Published

Missouri Missouri U.S. state

Gypsy Rose Blanchard Rips Tourists Visiting Murder House

Gypsy Rose Blanchard is ripping tourists for doing some sightseeing in Missouri ... she's pissed folks keep stopping by the house she and her now ex-boyfriend..
TMZ.com
Supreme Court Sides With Biden Administration in Social Media Case [Video]

Supreme Court Sides With Biden Administration in Social Media Case

Supreme Court Sides With Biden Administration , in Social Media Case. Attorneys general in Louisiana and Missouri, and other right-wing individuals, . Attorneys general in Louisiana and Missouri, and other right-wing individuals, . previously brought a lawsuit against the government, alleging that it had influenced what social media companies allow on their sites. In particular, plaintiffs in the case of Murthy v. Missouri questioned whether the Biden administration violated free speech protections amid the pandemic when social networks were instructed to remove COVID misinformation. In particular, plaintiffs in the case of Murthy v. Missouri questioned whether the Biden administration violated free speech protections amid the pandemic when social networks were instructed to remove COVID misinformation. On July 4, 2023, Louisiana Judge Terry Doughty agreed with the plaintiffs and restricted members of the Biden administration from interacting with social media companies in an attempt to moderate their content. The U.S. Supreme Court struck down the lower court's ruling by a vote of 6-3 on June 26, 'The Guardian' reports. . The plaintiffs, without any concrete link between their injuries and the defendants’ conduct, , Justice Amy Coney Barrett, via majority opinion. ... ask us to conduct a review of the years-long communications between dozens of federal officials, across different agencies, with different social-media platforms, about different topics, Justice Amy Coney Barrett, via majority opinion. This court’s standing doctrine prevents us from ‘exercis[ing such] general legal oversight’ of the other branches of government, Justice Amy Coney Barrett, via majority opinion. Ultimately, Justice Amy Coney Barrett wrote that the lower court "glossed over complexities in the evidence" and "also erred by treating the defendants, plaintiffs and platforms each as a unified whole.". Samuel Alito, Clarence Thomas and Neil Gorsuch dissented. Samuel Alito, Clarence Thomas and Neil Gorsuch dissented. For months, high-ranking government officials placed unrelenting pressure on Facebook to suppress Americans’ free speech, Justice Samuel Alito, via dissenting opinion. The Court, however, shirks that duty and thus permits the successful campaign of coercion in this case to stand as an attractive model for future officials who want to control what the people say, hear, and think, Justice Samuel Alito, via dissenting opinion

Credit: Wibbitz Top Stories    Duration: 01:31Published
More Storms Forecast to Hit Midwest That’s Already Been Devastated by Widespread Floods [Video]

More Storms Forecast to Hit Midwest That’s Already Been Devastated by Widespread Floods

More Storms Forecast to Hit , Midwest That’s Already Been Devastated , by Widespread Floods. NBC reports that communities across the Midwest have been devastated by days of flooding, with more storms forecast to hit later in the week. Recovery efforts and evacuations are taking place amid an extreme heat wave, with temperatures exceeding 100 degrees Fahrenheit predicted in some impacted areas. Over 220,000 people were left without power from the storms, according to PowerOutage.com. . As of the morning of June 26, 24 rivers have been classified as being in a major flood stage, with at least two other rivers expected to join them. . On June 25, entire communities in Minnesota were left submerged amid widespread flooding. . According to local officials, the Rapidan Dam, near Mankato, Minnesota, is at risk of "imminent failure.". At the same time, FEMA teams have been dispatched to six counties in Iowa that have been impacted by flooding. . President Joe Biden announced a major disaster in the state, making federal funds available to Iowan individuals and businesses affected by the flooding. President Joe Biden announced a major disaster in the state, making federal funds available to Iowan individuals and businesses affected by the flooding. NBC reports that more storms are on the way, with Missouri expected to experience the worst of it on the evening of June 26. . Severe winds are forecast to impact an estimated 61 million people in an area crossing from New York to Kentucky, in addition to large hail and isolated tornadoes. . Severe winds are forecast to impact an estimated 61 million people in an area crossing from New York to Kentucky, in addition to large hail and isolated tornadoes.

Credit: Wibbitz Top Stories    Duration: 01:30Published
Hallmark Teams Up With NFL for Kansas City Chiefs-Themed Christmas Movie | THR News Video [Video]

Hallmark Teams Up With NFL for Kansas City Chiefs-Themed Christmas Movie | THR News Video

Move over Travis Kelce & Taylor Swift...a new Chiefs love story is headed to TV screens. The Kansas City Chiefs are teaming up with Hallmark channel for a special holiday movie. The film titled 'Holiday Touchdown: A Chiefs Love Story' will star Tyler Hynes, Hunter King and Ed Begley Jr. It's set to begin filming next month in Kansas City, Missouri, the hometown of both the Super Bowl champion Chiefs and Hallmark.

Credit: The Hollywood Reporter    Duration: 01:28Published
Report Exposes Impact of Persistent Flooding Along Mississippi River [Video]

Report Exposes Impact of Persistent Flooding Along Mississippi River

Report Exposes Impact , of Persistent Flooding , Along Mississippi River. 'The Independent' reports that persistent flooding along the Mississippi River has pushed people out of their homes at a 30% higher rate than the United States as a whole. The Associated Press released data from First Street, a risk analysis firm, showing the impact of flooding on hard-hit communities. . Dean Klinkenberg, who writes guidebooks and histories of local Mississippi communities, warns flooding has slowly chipped away at river culture. . In 1970, West Alton, Missouri, had a population of nearly 4,000 people. . Following major floods in 1973, 1993 and 2019, the town now has less than 400 people living there. All three of the town's churches are now gone. The remaining homes have had to be elevated to try and protect them from future floods. According to the data, people tend to move to a safer place nearby, however, others choose to leave communities all together. . The data showed that older residents are more likely to remain, while in some communities, even this figure was constrained by high flood risk. Some riverside towns have benefited from the Clean Water Act of 1972, which improved rivers and streams. Since then, parks were established on cleaned-up industrial areas, bringing in more tourists and attracting business.

Credit: Wibbitz Top Stories    Duration: 01:31Published

Related videos from verified sources

New US Home Sales Grew in September [Video]

New US Home Sales Grew in September

New US Home Sales , Grew in September. Even though mortgage rates are hovering around 8%, sales of newly-built homes surged 12.3% in September, CNN reports. . Compared to a year ago, sales increased..

Credit: Wibbitz Top Stories     Duration: 01:31Published