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People are flooding open houses and feverishly bidding on homes even after predictions of a market crash and bargain-basement prices. Here’s why.
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Mark Paul Cervantes
Economy, Housing, Top News, U.S. Housing Market
Comments Off on People are flooding open houses and feverishly bidding on homes even after predictions of a market crash and bargain-basement prices. Here’s why.
After a grueling winter of dashed hopes, US home shoppers are going through a brutal spring homebuying season. If you’re in the market at all, odds are that you’re paying up for a home instead […]
Pending-home sales drop 13% from a year ago as rates stay high: Redfin
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Allen Santos
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Comments Off on Pending-home sales drop 13% from a year ago as rates stay high: Redfin
Soaring mortgage rates and home prices are continuing to dampen affordability for homebuyers. Pending-home sales fell 13% from a year ago for the four weeks ending Sept. 17, according to a new report from Redfin. […]
High mortgage rates sideline homeowners from tapping home equity: ICE
December 4, 2023
Mariel Alumit
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Comments Off on High mortgage rates sideline homeowners from tapping home equity: ICE
Rising home prices have pushed the third quarter’s tappable home equity amount near its 2022 peak, but interest rates are making homeowners reluctant to extract that wealth. Mortgage holders withdrew a mere 0.41% of tappable […]