Inventory of existing homes hits highest level since early in the pandemic
Sinking sales, rapidly rising inventory and prices at all-time highs — this is the state of the market for […] – Click here to read the full story from...
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The share of ‘stagnant’ listings is rising: Redfin
Sales of both new homes and existing ones have declined, and it’s affecting how long homes stay on the […] – Click here to read the full story from...
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Buyers backing out of deals in record numbers as market shifts
Shutterstock Key points: Redfin reported this week that home contract cancellations are back on the rise and hit the […] – Click here to read the full story from...
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Existing home sales market now close to balance with supply
Today’s existing home sales report shows that the existing home market is now almost balanced. That might sound strange, […] – Click here to read the full story...
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Mortgage rates tumble; time for buyers to ‘get serious’
Shutterstock Key points: The 30-year fixed-rate mortgage averaged 6.77% this week. The 15-year fixed-rate dropped to 6.05%. The rate […] – Click here to read the...
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Housing completions are bright spot in mixed bag of data
Despite a 3% monthly increase , the pace of new housing construction was 4.4% slower in June 2024 than […] – Click here to read the full story from...
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The financial strength of US homeowners is a cushion against a downturn
As the housing market enters its third year of sales recession, it is notable that home prices have generally […] – Click here to read the full story from...
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Foreclosures expected to grow slowly to close 2024: Auction.com
A survey of mortgage default servicing leaders revealed that foreclosures are expected to rise slowly during the second half […] – Click here to read the full...
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60% of Gen Z adults worry they might never own a home: Report
The dream of homeownership is alive and well — however, young peoples’ ability to achieve it is less so. […] – Click here to read the full story from...
Read MoreShould I Buy a House Now or Wait? How to Determine the Right Time to Get a Mortgage
Attractive African couple sit on floor in kitchen smiling feel satisfaction resting at relocation day move at own house, […] – Click here to read the full story from www.newsweek.com
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