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 […]
Today brought the release of the two biggest home price indices (HPIs) for the month of July from S&P Case-Shiller and FHFA. Both HPIs showed a marked deceleration in home price appreciation in June with […]
Source: USA Today — By many accounts, we are still in a seller’s market. Home prices continue to rise in nearly all of the U.S. even as mortgage rates climb ever higher. Inventory levels – typically used by housing economists to gauge whether […]
Mortgage rates were back on the rise this week, hitting an average of 5.55%, Freddie Mac reported Thursday. Rates are nearly double what they were a year ago, and the latest housing data from the […]
Housing is as hot a topic as ever. The airwaves are filled with stories of bidding wars for single-family homes, skyrocketing rents, supply chain bottlenecks, and rising interest rates and inflation. But have you ever […]
Copyright © 2024 | MH Magazine WordPress Theme by MH Themes