The post Home sales plummet in South Florida. Why do prices keep rising as housing market deflates? appeared first on Weekly Real Estate News.
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New home sales picked up significantly in July. Can it last?
August 24, 2023
Mariel Alumit
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Comments Off on New home sales picked up significantly in July. Can it last?
After a slump in June, the sales pace of new homes picked up month over month in July, according to data published on Wednesday by the U.S. Census Bureau and the Department of Housing and […]
Housing construction looks positive despite recession projections
May 23, 2023
Mark Paul Cervantes
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Comments Off on Housing construction looks positive despite recession projections
Housing demand has shifted more toward the new home market, Fannie Mae’s Economic and Strategic Research (ESR) Group noted in its May economic outlook. While mortgage rates have pulled back modestly from their highs in […]
Low-income owners’ home values have increased by 75% since 2012
April 19, 2023
Mark Paul Cervantes
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Comments Off on Low-income owners’ home values have increased by 75% since 2012
Home equity and retirement savings accounts represent over 60% of a household’s net worth, according to the U.S. Census Bureau, and the last decade has resulted in a significant uptick in low-income homeowners’ home values. […]