The post Home prices are down — but not enough to ease affordability appeared first on Weekly Real Estate News.
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New Home Sales Benefit from Inventory Issues
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Allen Santos
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Sales of newly constructed homes appear to be benefitting from the very lack of inventory that is stifling existing home sales. July’s sales of pre-owned homes lagged sales a year earlier by more than 16 […]
Affordability May Rebound in 2023, According to First American Real House Price Index
December 27, 2022
Mariel Alumit
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Comments Off on Affordability May Rebound in 2023, According to First American Real House Price Index
Source: Yahoo! — SANTA ANA, Calif., December 26, 2022–(BUSINESS WIRE)–First American Financial Corporation (NYSE: FAF), a premier provider of title, settlement and risk solutions for real estate transactions and the leader in the digital transformation of […]
Will home sales finally start to grow? Data shows glimmers ahead
October 31, 2023
Mariel Alumit
Home Values, Housing, Housing Wire, Top News, U.S. Housing Market
Comments Off on Will home sales finally start to grow? Data shows glimmers ahead
We may be nearing the bottom in home sales even if mortgage rates don’t decline. As a result, there may be a light at the end of the tunnel in this crazy market cycle. At […]