After hitting 2022 highs last week, a weak hiring report released Tuesday has been helping to bring mortgage rates back down. Source: Inman News
Posts published in “inflation”
Median home sale prices exceed the house-buying power of would-be buyers in 19 of 50 markets, according to data released Tuesday by First American Financial…
Investors who fund mortgages are demanding unusually high premiums in comparison to government bonds, out of fears the loans they make now could quickly be…
Investors fear ongoing moves by the Fed and other central banks to raise short-term interest rates to fight inflation could lead to a recession. Source:…
The housing market is the last sneaker to drop in the sagging economy. Real estate was in a lucky place during the pandemic, but 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…
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…
Real estate stocks fell on Wall Street, too — though even before the carnage they were already hovering near all-time lows. Source: Inman News
The slowing housing market has yet to significantly reduce costs for most Americans. But economists believe more rate hikes may be on the way. Source:…
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…