Builder confidence in the newly built single-family home market fell three more points in September, to a score of 46 on the Wells Fargo Housing…
Posts published in “Markets & Economy”
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…
The four-week period ending on Sept. 11 boasted a 2.9-month supply of homes on the market, up from a supply of just 1 month during…
All-cash home purchases in the U.S. hit 31.4 percent of all transactions in July 2022, just short of an eight-year high reached in February 2022,…
The housing market remains stilted by high mortgage rates with hopes for a turnaround dim, according to the Federal Reserve. Source: Inman News
Purchase loan applications fell 29 percent from the same period last year, the result of rising rates that are double their levels from 2021, according…
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:…