The housing market is nothing if not unpredictable. Mortgage rates have skyrocketed, and the housing…
housingdownturn
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STOCK MARKET
Mortgage rates give homebuyers some holiday relief, falling for sixth week in a row
by userby userThe numbers: Mortgage rates continued to inch downwards, providing some relief to prospective homeowners. The…
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STOCK MARKET
The median income needed to buy a typical home is over $88,000 — $40,000 more than before the pandemic
by userby userThe growth of home prices in big cities has slowed but not stalled in the…
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STOCK MARKET
Home builders struggle to find buyers as cancellations by developers rise: ‘The build-for-rent market is going to become increasingly important’
by userby userIt’s a tough time to be selling a home. That’s also true for home builders,…
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STOCK MARKET
Midterm elections could be critical for the housing market — one ‘politically contentious’ issue has split Democrats and Republicans
by userby userThe midterm U.S. elections are coming. And elections have consequences for the housing market, according…
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STOCK MARKET
People are keen to move out of big cities due to inflation. They are eyeing these sunny locations for lower-cost living.
by userby userAmericans are fed up with the high cost of living in big cities, and they’re…
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STOCK MARKET
Mortgage rates surpass 7%, Freddie Mac says — ‘leading to greater stagnation in the housing market’
by userby userHigh mortgage rates continue to pressure the housing market, as the sector undergoes a deep…
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The numbers: U.S. pending-home sales fell 10.2% in September, which is the fourth straight monthly…
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STOCK MARKET
‘Bad news for homeowners’: The number of homes on the market is rising. That’s unusual for this time of the year.
by userby userIt took a while, but it’s finally happening — the number of for-sale listings on…
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STOCK MARKET
Mortgage rates surge to the highest level since April 2002. ‘The next several months will undoubtedly be important for the economy and the housing market.’
by userby userThe numbers: U.S. mortgage rates have resumed their journey upwards, hitting a 20-year high. The…
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