The post ‘Home sales are bottoming out’: Are homebuyers now calling the shots in 2023 housing market? appeared first on Weekly Real Estate News.
‘Home sales are bottoming out’: Are homebuyers now calling the shots in 2023 housing market?
Housing Wire
Purchase sentiment is climbing, but home sales could stay muted
High mortgage rates and elevated home prices continued to dampen the consumer sentiment regarding home purchase decisions in January, according to new data from Fannie Mae. Ongoing affordability issues remained a problem for buyers last […]
Mortage News
New Home Sales Hit 10-Month High, Despite Some Regional Decline
New home sales edged a little further out of a lengthy slump in January, topping 600,000 units for the second straight month. The U.S. Census Bureau and the Department of Housing and Urban Development said […]
Mortage News
Rising Rates Sideline Home Buyers
Mortgage application volume took a big hit last week. The Mortgage Bankers Association (MBA) said its Market Composite Index, a measure of that volume, plummeted 13.3 percent on a seasonally adjusted basis compared to the […]