Housing Market

Published by FOX Business | April 17, 2023 Confidence among U.S. homebuilders jumps as mortgage rates fall Confidence among builders in the U.S. housing market increased more than expected in April as declining mortgage rates and low inventory helped drive demand higher for new homes. The National Association of Home Builders/Wells Fargo Housing Market Index, which measures …

Homebuilder Sentiment Jumps to Highest Level Since September Read More »

Published by Forbes.com | April 4, 2023 Pent-up home buyer demand is responding favorably to lower rates in many markets. A new report by data analytics provider CoreLogic reveals in many ways a tale of two very different housing markets. At one extreme, the West is slowing, and at the other extreme, the East is rising. Even …

A Tale Of Two Housing Markets In The Slowing West And Rising East Read More »

Published by REALTOR.com | March 30, 2023 In March, real estate listing prices came in nationwide at a median of $424,000, down from June’s all-time record high of $449,000. After a few years of flying high, home prices are finally coming back down to earth with a thud. In fact, the prospect of an outright price …

A Surprising Sign That Home Prices May Finally Take a Plunge This Summer Read More »

Published by FOX Business | March 27, 2023 Austin, Texas, was the fastest-cooling market over the past year. Tech hubs are becoming some of the fastest-cooling housing markets in the U.S. These hubs and pandemic hot spots have been hit hard as turmoil persists in the sector and housing costs remain elevated, according to a new …

Housing Markets in Tech Hubs are Cooling Fast Read More »

Published by REALTOR.COM | February 28, 2023 The nation is still suffering from a severe housing shortage. But compared with one year ago, there are about 250,000 more homes for sale. Where are all the homes, anyway? Ever since the COVID-19 pandemic ignited a nationwide housing boom, wannabe buyers have been plagued by bone-dry home …

The 10 U.S. Cities With the Biggest Increases in Homes for Sale Read More »

Published by Breitbart News | February 27, 2023 The number of houses going under contract soared in January, although the sales volume remains well below last year’s level. The National Association of Realtors said its pending home sales index rose 8.1 percent in January, the largest monthly increase since the pandemic snapback in June of 2020. Economists …

Pending Home Sales Soared 8.1% in January Read More »

Published by REALTOR.com | February 21, 2023 Spring is around the corner, and the signs are pointing to a pickup in sales on the horizon. Existing-home sales continued to ease in January, marking a yearlong stretch of declines coming off pandemic-fueled highs. But median home prices still are rising. Total existing-home sales—completed transactions that include …

NAR: ‘Home Sales Are Bottoming Out’ Read More »