In March, a modest bump in homebuyer demand, combined with a decline in for-sale inventory, drove up home prices compared to the month prior. While home prices in many Western and pandemic boom markets are […]
Could a housing recovery possibly be underway? In March, mortgage rates ended the month over 30 basis points lower than where they started as more buyers returned to the market. Home sales prices also fell […]
It wasn’t yet the season, but February’s home price environment seems to have gotten a jump on the vaunted spring housing market. Black Knight’s Mortgage Market reports that home prices rose 0.16 percent on a […]
Declining mortgage rates could have improved affordability for buyers in the housing market in February, but instead spurred a demand that, combined with a persistent lack of inventory across the U.S., put more pressure on […]
Americans looking to buy a home in much cheaper markets might want to try their luck west of Texas, according to a real estate analysis released this week. Home prices fell in 12 of the […]
The post The housing market recession could be bottoming out. What does it mean for home prices? appeared first on Weekly Real Estate News.
Homebuilder confidence and demand for mortgages have increased recently, keeping hopes high for an improved housing market in 2023. But a modest recession is still expected this year, and elevated mortgage rates, coupled with high […]
Source: Axios — The residential real estate market has screeched to a halt, and some economists believe home prices are about to drop significantly. The big picture: Existing home sales have fallen for nine straight months. The supply […]
Roughly 2 weeks ago, home price indices (HPIs) from Case Shiller and the FHFA came out for the month of August. Both were in agreement that prices declined slightly more rapidly than they had in […]
Source: CNN — The US housing market is in the midst of a major shift. After two years of stratospheric price appreciation, home prices have peaked and are on their way back down. But what […]
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