U.S. existing-home sales fall for the 10th straight month in November — longest losing streak on record
admin The numbers: U.S. existing-home sales fell 7.7% to a seasonally adjusted annual rate of 4.09…
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The median income needed to buy a typical home is over $88,000 — $40,000 more than prior to the pandemic
Home price growth in big cities has slowed, but not stalled, in the third quarter,…
Read More‘The housing market will get smaller in 2023’: Redfin lays off 13% of staff
Redfin RDFN, -8.10% is laying off staff again, as the housing market continues to hurt…
Read More‘Only time will tell if September was the nadir:’ Zillow reports sharp home-value declines in these cities, amid grim outlook for U.S. housing market
Winter is coming, and the real-estate market is slowly coming to a standstill. According to…
Read MoreHome-buying sentiment hits all-time low, as mortgage rates surpass 7%, Fannie Mae says
Home shoppers have been so put off by elevated home prices and mortgage rates that…
Read MoreGood news for homebuyers: The number of active house listings soared in October. But a closer look reveals a more depressing picture.
Some good news for homebuyers: The number of for-sale listings available for homebuyers increased at…
Read More‘Home prices are slowing’: Report says home price growth continues to slow in September as rates continue to stay above 7%
Home prices continue to slow across America. Home prices dropped by 0.5% in September from…
Read MorePeople are keen to move out of big cities due to inflation. They are eyeing these sunny locations for lower-cost living.
Americans are fed up with the high cost of living in big cities, and they’re…
Read MoreMortgage rates surpass 7%, Freddie Mac says — ‘leading to greater stagnation in the housing market’
High mortgage rates continue to pressure the housing market, as the sector undergoes a deep…
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Home builders struggle to find buyers as cancellations by developers rise: ‘The build-for-rent market is going to become increasingly important’
It’s a tough time to be selling a home. That’s also true for home builders,…
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