Housing Market News
Housing Market Update: More Home Sellers Drop Their Asking Price As Mortgage Rates Hit Two-Decade High
Record-high monthly mortgage payments are motivating sellers to drop asking prices to attract buyers, who are unwilling to pay a dollar more than necessary for
Housing Market Update: Pending Home Sales Drop 13% Year Over Year As Mortgage Rates Stay Stubbornly High
With monthly housing payments at an all-time high, would-be buyers are waiting for homes to become more affordable. But slightly more homeowners are listing their
Housing Market Update: Monthly Housing Costs Hit All-Time High, Deterring Would-Be Buyers
7%-plus mortgage rates and increasing home prices have pushed the typical U.S. monthly mortgage payment to a record high, and sent pending home sales down
Housing Market Update: Prices Go Up While Demand Goes Down
Mortgage-purchase applications are sitting at their lowest level in nearly three decades. But there are so few homes for sale that prices are up 4.5%
Housing Market Update: Miami Home Prices Up 17% From a Year Ago
Nationwide, home prices are up 5% year over year–the biggest increase in 10 months–due to a severe lack of homes for sale. The median home-sale
Housing Market Update: A Homebuyer on a $3,000 Budget Has Lost $71,000 in Purchasing Power Since Last Year As Mortgage Rates Hit 20-Year High
Daily average mortgage rates are sitting at 7.4%, close to their highest level in more than two decades. High rates, combined with high home prices,