The post US home sales slump to record low in 12 years appeared first on Weekly Real Estate News.
US home sales slump to record low in 12 years
Mortage News
Could 7% Mortgage Rates Finally Sink Home Prices?
KEY TAKEAWAYS The average rate on a 30-year mortgage has risen to a 21-year high, putting more pressure on homebuyers. Home prices have stayed resilient even amid higher mortgage rates because the low number of […]
Commercial Real Estate
Work-From-Home Trend Costs $12 Billion Per Year In Lost Revenue
A new report has put a price on exactly what the “work from home” trend has cost the office-laden city of Manhattan: a stunning $12 billion per year. Working at home means that office workers […]
Housing Wire
Non-QM lender Angel Oak Mortgage Solutions cuts 20% of staff
Non-QM specialist Angel Oak Mortgage Solutions is the latest player in the space to cut a sizable chunk of its workforce amidst widespread market volatility. The company issued pink slips to 75 employees last week, […]