Nationally, more than 15 percent of homesellers dropped list prices in July across the 97 metro areas analyzed by Redfin, with Boise, Denver and Salt…
Posts published in “Markets & Economy”
Sales of new homes dropped in July to a seasonally adjusted rate of 511,000, which was 29.6 percent below the levels seen in July 2021,…
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…
Home sales were down 19 percent year over year in July, a sign the pandemic-era boom in housing demand may be in the rearview mirror,…
Redfin said it expects rental growth to continue to slow, but markets with strong job growth and limited new housing construction will likely continue to…
The Appraisal Foundation’s Appraisal Standards Board says it needs more time to assess proposed changes designed to close the door to discrimination. Source: Inman News
Are we in an economic recession or a market-imploding housing recession? This week, Byron Lazine and Nicole White discuss the impact of low builder confidence,…
“While July’s housing market data update is big news, and could get first-time buyers’ hopes up, the future is unlikely to bring meaningful improvement to…
“Inventory remains tight and prices continue to rise nationally with nearly 40% of homes still commanding the full list price,” said NAR’s Chief Economist Lawrence…
In China, most recent buyers of new apartments took out mortgages before their buildings were finished. Now many are threatening to not pay. Source: Inman…