Fannie and Freddie remain profitable but are setting aside pots of money to cover future losses that could result from falling home prices. Source: Inman…
Posts published in “home sales”
With a Fed meeting looming next week, rates on 30-year fixed-rate mortgages have surged well past the 7 percent threshold, a Mortgage Bankers Association survey…
Economists at Fannie Mae project national home prices to decline by 1.5 percent and home sales by 21 percent in 2023 as Fed continues inflation…
The slowdown in home sales, paired with the meteoric rise in rent, has more homeowners looking to become landlords rather than sell their homes in…
Even though the economy is probably headed for a recession next year, the Fed is seen as having a ways to go before inflation is…
The slowdown in housing has been swiftest on the West Coast, where prices in some markets have already fallen by 2 percent since July, according…
Buyers and sellers face a new reality where bidding wars will be rare, days on market lengthen and markets go from boom to bust (and…
Inventory rose due to a steep drop in homebuyer demand and homes that are spending more time on market while sellers pulled back on listing…
The size of the typical $1 million home plunged to 2,350 square feet in early 2022 after peaking at 3,021 square feet in mid-2020, according to…
In projections released Monday, economists expect 5.78 million homes to change hands this year, representing a 16.2 percent decline from a year ago — a…