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Tampa Bay home sales are down. Why are real estate prices still rising?
April 28, 2023
Mark Paul Cervantes
Housing, Top News, U.S Real Estate News
Comments Off on Tampa Bay home sales are down. Why are real estate prices still rising?
This time last year, it seemed like the whole country was caught up in a home-buying frenzy. But thanks to high interest rates and stubborn inflation, “the housing market is pretty much on ice,” said […]
New Home Sales Benefit from Inventory Issues
August 24, 2023
Allen Santos
Mortage News, Top News, U.S. Market
Comments Off on 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 […]
U.S. home prices to fall 4.5% in 2023 despite higher rates: Reuters poll
March 2, 2023
Mark Paul Cervantes
Housing, Inflation, Top News
Comments Off on U.S. home prices to fall 4.5% in 2023 despite higher rates: Reuters poll
BENGALURU, March 2 (Reuters) – U.S. home prices are forecast to decline modestly this year and by less than previously thought as demand has declined only slightly despite expectations that interest rates have further to […]