Published by FOX Business | August 10, 2023 San Antonio, Dallas, Orlando among US cities facing major housing shortage Prospective homebuyers across the U.S. are facing a chronic shortage of available houses, but the scarcity is worse in some parts of the country, according to new Bank of America research. The analysis found four cities are …
The Four U.S. Cities Facing The Biggest Housing Shortages Read More »
Published by REALTOR.com | July 27, 2023 Contract signings picked up the pace last month, and home buyers are increasingly facing multiple offer situations. Pending home sales rose slightly in June, and the latest indicators are showing a housing market on the mend. Median existing-home sales prices in June soared to their second highest on record …
Published by FOX Business | July 26, 2023 Sales of new U.S. homes fell in June for the first time in four months, suggesting that high mortgage rates and limited supply are continuing to sideline would-be buyers. New single-family home purchases tumbled 2.5% to a seasonally adjusted annual rate of 697,000 units, the Commerce Department reported Wednesday. …
New Home Sales Decline For First Time Since February Read More »
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 »
Powered by WishList Member - Membership Software
