
Musk began to jettison his residential real estate holdings in May 2020.
The post Elon Musk Predicts Home Values Will Soon Be ‘Melting Down Fast’ appeared first on Weekly Real Estate News.
Musk began to jettison his residential real estate holdings in May 2020.
The post Elon Musk Predicts Home Values Will Soon Be ‘Melting Down Fast’ appeared first on Weekly Real Estate News.
Aspiring first-time homeowners are sailing into fierce macroeconomic headwinds as prices and mortgage rates rise, while higher rents make it harder to save for a down payment. Why it matters: Homeownership is a foundation for middle-class […]
Redfin reports soaring mortgage rates cause sales drop. The housing market saw a 8% year-over-year decline in home sales, the biggest drop since June 2020, which allowed white-hot home-price growth to cool slightly, reports online […]
Higher home prices and sharply higher mortgage rates have reduced buyer activity. KEY TAKEAWAYS Existing-home sales fell for the third straight month to a seasonally adjusted annual rate of 5.61 million. Sales fell 2.4% from […]
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