The post Home sales plummet in South Florida. Why do prices keep rising as housing market deflates? appeared first on Weekly Real Estate News.
Home sales plummet in South Florida. Why do prices keep rising as housing market deflates?
Mortage News
Last Week: “Housing Recession.” This Week: “At Or Close To The Bottom”
In last Thursday’s Existing Home Sales press release, the NAR’s chief economist said “we’re witnessing a housing recession in terms of declining home sales and home building.” Less than a week later, today’s Pending Home […]
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 […]
Economy
Morning Bid: Retail, housing and banks test jaunty July
A look at the day ahead in U.S. and global markets from Mike Dolan The benign July investment environment gets tested on Tuesday by updates on U.S. retail sales and housing while the corporate earnings […]