Homeowners Face Scary Halloween Expenses This October

Homebuyers have plenty to be scared of this spooky season, with mortgage rates at two-decade highs and home prices breaking new records, sending affordability to bone-chilling lows. But current homeowners have their own fears to overcome this Halloween. Homeowners planning to feed Trick-or-Treaters this year are facing a surge in candy costs thanks to bad weather in China, India and Thailand. The price of sugar and sugar substitutes was up 7.7% YOY in September, while candy and chewing gum saw a 7.5% annual surge. This is well above the 0.2% increase for food overall. With inflation ravaging wallets this year, 40% of Americans say higher costs will affect how much candy they buy. Even so, Americans are projected to spend…

Here’s What’s Scaring Mortgage Brokers This Halloween

This Halloween, mortgage brokers have more to fear than your typical ghosts and ghouls. Some economists say the market is rebalancing, while others say the housing slowdown is more severe than a correction. “Last year, sellers could seemingly list their home at any price and see multiple offers roll in above list price within days,” said Senior Economist Nicole Bachaud of Zillow. “Now, buyers have some negotiating power, and sellers are under pressure. Buyers are still out there and willing to buy when they find the right home at the right price, which will provide a floor for the price declines we are currently seeing.” Either way, mortgage brokers are facing a seriously spooky situation: dwindling home sales, decades-high interest rates,…

Want to Buy a Haunted House? There’s a Website for That!

By Kimberly Haas For people who are interested in finding out if their home or future home is haunted, there is a website for that. Roy Condrey, who has experience as a project manager at a software company, lives in South Carolina and is the founder and president of DiedInHouse.com. On his social media pages, Condrey and his team post information about some of the more notable houses throughout the nation, including houses where there has been paranormal activity and/or violent deaths. “The Victorian” in Gardner, Mass., was featured on the Died In House Facebook page on Oct. 27. “The S.K. Pierce Mansion, a.k.a ‘The Victorian’ in Gardner, Mass. where a man was reported to have burned to death in…