Published by REALTOR.com | July 20, 2023 Existing-home sales slowed again last month, but aspiring home buyers continue to face competition for limited inventory. Existing-home sales continued to retreat in June as the housing market faces a crushing inventory shortage. But high buyer demand is still evident as home shoppers bid up prices. The median …
Home Sales Drop While Prices Surge Near Record High Read More »
Published by FOX Business | July 14, 2023 Economist warns ‘the bulk of the drop in home prices is yet to come’ The U.S. housing market has defied expectations for a crash so far this year, but a steep decline in home prices could be right around the corner, according to a new analyst note …
Economist: U.S. Home Prices Still Face A ‘Steep and Sustained’ Decline This Year Read More »
Published by REALTOR.com | July 10, 2023 Buying a home today might seem like the most unaffordable it’s ever been. However, the baby boomers had it worse. Yes, we’ve all heard it. Buying a home today might seem like the most unaffordable, and therefore impossible, it’s ever been. Home prices are near record levels, pushed up by …
Amazingly, 2023 Is Not the Most Unaffordable It’s Ever Been To Buy a Home Read More »
Published by FOX Business | July 5, 2023 Home prices jump in 98% of U.S. counties as affordability plummets Housing affordability in the U.S. declined again in the spring as home prices surged nationwide, according to new data from real estate analytics firm ATTOM. The findings show the price of a median single-family house surged to $350,000 …
Housing Affordability Plummets to Lowest Level Since 2007 As Prices Jump Read More »
Published by Breitbart News | July 3, 2023 It’s not exactly a self-evident truth, but it is a data-evident truth: the U.S. housing market is recovering. Construction spending on single-family homes rose for the first time this year in May, data released by the Commerce Department showed on Monday. This was not just a tick …
Breitbart: The Housing Market Declares Independence from the Fed Read More »
Published by REALTOR.com | June 21, 2023 About 2.4 million households have been priced out of homeownership over the past year. First-time homebuyers and people of color have been particularly affected by higher home prices and mortgage interest rates, according to the Joint Center for Housing Studies of Harvard University’s annual State of the Nation’s Housing …
Fewer First-Time Buyers Can Compete in Today’s Pricey Market Read More »
Published by REALTOR.com | June 9, 2023 The number of homeowners receiving a foreclosure filing spiked in May, causing many to draw uncomfortable parallels with the Great Recession. The number of homeowners receiving a dreaded foreclosure filing spiked in May. About 1 in every 4,000 homes had a foreclosure filing in May, according to a recent report from real …
Foreclosures Are Spiking—How Bad of an Omen Is This for the 2023 Housing Market? Read More »
Published by REALTOR Magazine | June 8, 2023 Today’s homebuyers are learning that finding a move-in ready home in a good location that they can comfortably afford is about as rare as a winning Powerball ticket. A dire housing shortage has kept prices strong and competition fierce among buyers despite high mortgage interest rates. That’s left less than …
Affordability Crunch: Where Middle-Class Buyers Can Afford Homes the Most—and the Least Read More »
Published by REALTOR.com | May 24, 2023 Whoever wins the 46th presidency—from either side of the aisle—will have a major challenge in tackling the housing crisis. After months of fueling rumors, DeSantis formally announced his bid for the U.S. presidency on Wednesday. What would that mean for the housing market if he wrests the Republican …
How a Ron DeSantis Presidency Would Affect the Nation’s Housing Market Read More »
Published by FOX Business | May 22, 2023 Housing market recession could bleed into broader economy, Fannie Mae warns The U.S. housing market is slowly stirring back to life after entering a deep freeze in mid-2022, but the worst may not be over for the sector just yet. Fannie Mae economists predicted in a revised forecast …
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