Housing Market News
Housing Market Update: Sellers’ Time on Market Doubles From Spring as Buyers Wait for Prices and/or Rates to Come Down
October 20, 2022
Home sales continue to decline and mortgage applications are at their lowest level in 25 years. U.S. housing market activity is continuing to slow down
Housing Market Update: Economic Woes Exacerbate Slowdown as Rates Reach 20-Year High
October 13, 2022
Housing-market activity is plunging further this fall than it did over the summer as mortgage rates near 7% and the topsy-turvy economy deters would-be buyers
Housing Market Update: Lurching Mortgage Rates Spook Homebuyers
October 6, 2022
Home prices remain elevated due to low supply, but early demand signals weakened sharply last week.
Housing Market Update: Typical Homebuyer’s Mortgage Payment Up 15% Since Mid-August
September 29, 2022
Sellers should adjust their price to stay competitive as mortgage rates approach 7%.
Housing Market Update: Rising Prices Amid Falling Demand and Supply Reflect a “New Weird”
September 22, 2022
Few people are choosing to buy homes with mortgage rates well above 6%; even fewer homeowners want to sell.
Housing Market Update: Sellers Lose the Upper Hand as Mortgage Rates Top 6%
September 15, 2022
High mortgage rates have brought balance to the market, but it comes at a high price for both buyers and sellers.