Rising home prices and mortgage rates, and sticker shock from surprise housing costs, pushed buyers to cancel 56,000 home-purchase agreements in June, according to Redfin. …
Posts published in “summer homebuying”
Median sale price climbs to $426K for only 2nd time in US history
By The Citizen on July 17, 2023
Undeterred by elevated mortgage rates, homebuyers battling over scant inventory pushed June’s median sales price to the second-highest level in history, according to new data…