Affordability challenges mean some sellers are reducing asking prices, but demand for homes continues to outpace supply, says First American Chief Economist Mark Fleming.
Source: Inman News
Sellers are reducing asking prices. But don’t expect house prices to drop, economist says
Published in first american, home prices, list prices, mark fleming, Markets & Economy, Mortgage, mortgage rates and Select
More from first americanMore posts in first american »
- Does this new housing data foreshadow a recession?
- Mortgage rates drop sharply as Powell shifts stance on rate cuts
- ‘Construction is in a funk’: Homebuilding improves, but inventory issues remain
- Single-family permits and starts reach 11-month low in June
- Housing starts plunge 10% in May to lowest level since 2020
More from home pricesMore posts in home prices »
- Northeast sees strongest price gains in Q3 as median single-family home price hits $426,800
- ‘Signs of deceleration’ bedevil US home prices
- More homes sold. Lower rates. Lower inflation. Where Fannie Mae expects the market to move
- Mortgage rates just hit a new 2025 low. They might be stuck there.
- Discounts, lower mortgage rates give homebuyers deals this fall
More from list pricesMore posts in list prices »
- Condos are selling below list price as fees discourage buyers
- Prices are softening. But don’t expect that to last, economist says
- As list prices continue to soar, not all homebuyers are willing to play ball
- The hot housing market isn’t ending any time soon: Zillow
- Homes continue to sell fast amid incredibly low inventory
More from mark flemingMore posts in mark fleming »
- Housing prices peaked for 6th straight month in September
- ‘Just a freakish bit of data’: Sticker shock imperils spring home demand
- Homes could get more affordable even if prices don’t come down
- US housing markets considered ‘overvalued’ quadrupled in 2022
- Inman’s ultimate guide to navigating the topsy-turvy fall housing market
More from Markets & EconomyMore posts in Markets & Economy »
- October brought the strongest buyer’s market in 12 years: Redfin
- Jason Oppenheim: Private listings could take real estate ‘back to the Dark Ages’
- Stop begging for deals: 9 real-world tips for negotiating concessions
- 5 reasons your plumber is quietly richer than you
- Fall has been ‘sneaky good’ for buyers, but the ‘warm-up is not guaranteed to last’
More from MortgageMore posts in Mortgage »
More from mortgage ratesMore posts in mortgage rates »
- October brought the strongest buyer’s market in 12 years: Redfin
- Jason Oppenheim: Private listings could take real estate ‘back to the Dark Ages’
- Don’t merge Fannie and Freddie, says their biggest investor
- Fall has been ‘sneaky good’ for buyers, but the ‘warm-up is not guaranteed to last’
- Fallout over Fed policymakers’ investments reshaping the board
More from SelectMore posts in Select »
- Jason Oppenheim: Private listings could take real estate ‘back to the Dark Ages’
- Stop begging for deals: 9 real-world tips for negotiating concessions
- 5 reasons your plumber is quietly richer than you
- Here’s why SMART goals are dumb and STUPID goals work better
- NAR by the numbers: Dues flat, members ‘sticky,’ cost cuts ahead
Be First to Comment