The number of homesellers exceeded homebuyers by a record 36.8 percent in October, which is the largest divide between the two groups since at least…
Posts published in “buyer’s market”
Builders are negotiating, mortgage rates are biting and budget-conscious buyers are pulling back — leaving lower-priced homes vulnerable to deep discounts. Source: Inman News
Homebuyers are freezing their purchasing plans at increasingly higher rates, according to Redfin’s latest market report. Fifteen percent of contracts, or 56,000, were canceled in…
The real estate portal giant expects a chill on prices to spread through markets across the country over the next year, with pockets of strong…
The Federal Reserve’s decision to make a series of historic short-term rate cuts at the height of the pandemic has proven to be a double-edged…