During his latest CNBC appearance, Compass CEO Robert Reffkin outlined the catch-22 of higher mortgage rates and why early pandemic boomtowns are facing a devastating…
Posts published in “buyer demand”
In its latest real estate market report on Wednesday, Redfin said the total market value for U.S. homes dropped $2.3 trillion from June to December…
Rising mortgage rates, booming home prices and scant inventory are pushing homebuyers to quicken their plans, according to Redfin’s latest market report. Source: Inman News
Total existing-home sales dropped by 2.7% from February 2022 and by 4.5% from March 2021 to a seasonally adjusted annual rate of 5.77 million, according…
The real estate industry is becoming more competitive, with NAR enrolling a record number of agents in 2021 and inventory dipping below one million. Four…
John Burns Real Estate Consulting’s new Resale Housing Market Index report reveals how buyers are struggling to beat investors in a frenzied market. Source: Inman…
Pending home sales dropped 1.9 percent in June and 1.9 percent year over year to an index of 112.8, according to the National Association of…
Buyer demand has slowed overall and ShowingTime expects more inventory to ease upward pressure on home prices. Source: Inman News