The post Starter Home Prices Are Soaring and Luxury Is in a Slump—What’s Going On? appeared first on Weekly Real Estate News.
Starter Home Prices Are Soaring and Luxury Is in a Slump—What’s Going On?
Top News
The housing market has frozen over. Here’s why experts say home affordability isn’t getting better any time soon.
The housing market is frozen, and affordability is unlikely to get better soon, experts told Insider. Activity has slowed thanks to high mortgage rates, which have pushed both buyers and sellers out of the market. […]
Housing Wire
Existing homes sales market falls again, market lacks sellers
“Home sellers are buyers” — this is a phrase that I have been using in my economic work to explain the reality of the housing market recently. Obviously, people don’t sell a home to be […]
Mortage News
New Home Sales Benefit from Inventory Issues
Sales of newly constructed homes appear to be benefitting from the very lack of inventory that is stifling existing home sales. July’s sales of pre-owned homes lagged sales a year earlier by more than 16 […]