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Housing Crisis
Real Estate: National Association of Realtors settlement will change home buying forever
![Housing market on fire: Buyers left with tough choices, bidding war in Finger Lakes](https://www.fingerlakes1.com/wp-content/uploads/2022/06/iStock-134252386-200x150.jpg)
A Groundbreaking Change Will 'Reset' The U.S. Housing Market The U.S. housing market is set for a seismic shift following a landmark $418 million settlement between the National Association of Realtors (NAR), several real-estate brokerages, ... more
Mortgage rates: Will high interest rates drop after Fed’s March meeting? Inflation reading implications
![Mortgage rates reaching new highs since 2008– But, what is a mortgage?](https://www.fingerlakes1.com/wp-content/uploads/2022/09/mortgage-rates-reaching-new-highs-since-2008-but-what-is-a-mortgage-200x150.jpg)
Mortgage rates are moving. As homeowners and prospective buyers kept a close eye on the market, mortgage rates experienced a slight decline ahead of a crucial inflation report. The average 30-year fixed mortgage rate fell ... more
Upstate New York has rural housing affordability crisis
![Landlords, tenants advocate for real relief, not just symbolic policy out of Albany](https://www.fingerlakes1.com/wp-content/uploads/2020/09/ban-on-evictions-extended-until-january-but-housing-activists-say-rent-mortgages-should-be-canceled-200x150.jpg)
A new affordable housing development is coming to Lake Placid, an area facing a workforce housing crisis. Fawn Valley, with six homes and 16 town homes, comes at a time when much of the area's ... more
Mortgages in 2022: What the housing market is predicted to look like later this year
![Mortgages in 2022: What the housing market is predicted to look like later this year](https://www.fingerlakes1.com/wp-content/uploads/2022/09/house-for-sale-housing-market-12345412-200x150.jpg)
The housing market has been nothing short of volatile for the last year, and many people stopped trying to get mortgages entirely. Experts have weighed in on what they think the rest of 2022 will ... more
Housing Market: June sees sales fall, prices rise. Will there be a housing market recession or crash?
![Housing Market: June sees sales fall, prices rise. Will there be a housing market recession or crash?](https://www.fingerlakes1.com/wp-content/uploads/2022/07/housing-market-june-sees-sales-fall-prices-rise-will-there-be-a-housing-market-recession-or-crash-200x150.jpg)
The housing market has been one of the most impacted markets since the pandemic began, and now homeowners, homebuyers, and experts fear the potential for a housing market recession or crash. As interest rates reach ... more
Housing market: Don’t skip the home inspection when selling a home
![Auto Draft](https://www.fingerlakes1.com/wp-content/uploads/2022/03/should-i-sell-my-house-before-i-retire-200x150.jpg)
The housing market is currently the most competitive it's been in years, meaning sellers may be cutting corners to get the process done fast. One way they're choosing to do this is by skipping the ... more
Housing crisis: Americans are overpaying for homes, affordable housing is gone
![Auto Draft](https://www.fingerlakes1.com/wp-content/uploads/2022/03/should-i-sell-my-house-before-i-retire-200x150.jpg)
The housing market is on fire. Mortgage rates are still low, even as interest rates begin to rise. Many say a housing crisis is imminent. Does it mean there's a housing bubble looming? Will millions ... more