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The housing market faces a ‘chicken and egg’ problem that could mean home prices start to fall

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Getty Images / Scott Olson

  • The US housing market faces a chicken and egg problem, according to Realtor.com.

  • High mortgage rates are deterring buyers and sellers who don’t want to swap out the low rates they previously locked.

  • New home listings dropped 22.7% in May as many sellers and buyers stayed put, but home prices could start falling.

Realtor.com pointed out the “chicken and egg” problem plaguing the housing market right now: High mortgage rates are keeping both home buyers and sellers sidelined, with the former reluctant to spend and the latter unwilling to part ways from the lower rates

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Mortgage rates are shooting up again, raising home ownership costs

Mortgage rates are climbing again, raising the cost of a home loan to its highest level in seven months.

The average rate on a typical 30-year mortgage is now 6.91%, up from 6.69% a week ago, the Mortgage Bankers Association (MBA) said Wednesday. The average rate on a 15-year home loan increased to 6.41% from 6.15% a week ago.

Buying a home is cheaper than renting in only 4 US cities. Here’s where they are.

Mortgage costs are rising in large part because the Federal Reserve’s year-long campaign to tame prices by lifting its benchmark rate has yet to bring

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Journal Club 05-12-23 – Passive Income MD

Here’s Journal Club 05-12-23! Every week, I hold a JOURNAL CLUB. After filtering through the articles on the web, I present a few that impacted my life this week. Be safe and stay well!


  • Many of us wish to become homeowners someday. And as you probably already know, buying a home is an enormous undertaking in addition to repaying those crushing amounts of student loans. So, if you’ve been thinking about home ownership but wondering how you’ll make this work? The White Coat Investor has helpful tips for you in the article – Building Wealth While Living in an
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Free and cheap things to do in the Myrtle Beach area, from Broadway to The Hulk

With prices on everything from groceries to travel going up, people are looking for ways to stretch their dollar.

And right in South Carolina, according to a survey by Realtor.com, we have one of America’s most affordable travel destinations: Myrtle Beach.

Here’s how to get more bang for your buck in the Myrtle Beach area:

Free Parks and Hiking Trails

Vereen Memorial Gardens: Open from dawn to dusk, this free park in Little River is a scenic escape where you can enjoy hiking and boardwalk trails through salt marshes.

2250 SC-179, Little River, SC 29566

The Hulk: Bike enthusiasts will

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Q&A with realtors Andrea Vaccarelli and John Martinich of Level Up Homes | News

Andrea Vaccarelli and John Martinich are the co-owners of Level Up Homes and they serve clients in the Washington, DC metro area. The Times-Mirror sat down with Andrea and John to learn more about their business and the current real estate market in Loudoun County.

Tell us a little bit about yourself — how long have you lived in Loudoun County? And can you tell us about your family?

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Journal Club 04-21-23 – Passive Income MD

Here’s Journal Club 04-21-23! Every week, I hold a JOURNAL CLUB. After filtering through the articles on the web, I present a few that impacted my life this week. Be safe and stay well!


  • Target date funds are often viewed as an attractive option by many investors mainly for their simplicity and ease of investing. Are you looking to add these to your retirement portfolio? The Physician on FIRE shares key pointers for you to consider before investing in them in the article – 7 Reasons I Don’t Use Target Date Funds. Check it out.
  • As busy professionals, it’s
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4 things to do in Milwaukee this weekend, from Realtors Home & Garden Show to a Halfway to Oktoberfest party

You can think spring (and gardens) at the 97th annual Realtors Home &  Garden Show March 24-April 2 at Wisconsin State Fair Park.

You can think spring (and gardens) at the 97th annual Realtors Home & Garden Show March 24-April 2 at Wisconsin State Fair Park.

1. Realtors Home & Garden Show at Wisconsin State Fair Park

The 97th annual Realtors Home & Garden Show returns to State Fair Park’s Wisconsin Exposition Center March 24 through April 2. More than 350 exhibitors will be on hand to talk (and show) home, lawn and garden improvement ideas. Show hours are 10 am to 8 pm March 24-25 and March 31-April 1; 10 am to 5 pm March 26 and April 2; and 4 to

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Realtors encourage women of color to buy property

ROCKFORD, Ill. (WIFR) – A group of local realtors is encouraging women of color to invest in real estate to not only create futures for themselves but to have something to leave for their children.

The push comes after the National Association of Realtors reported that in 2022, white and Hispanic home ownership was on the rise as Asian and Black buyers were on the decline. Realtor Amber Payne says she is aware of those disparities and says the gap between those groups and women of color is even wider.

“We are encouraging women and women of color to invest