Mortgage demand falls in December to the lowest level since 1996
admin The numbers: Mortgage applications fell by 13.2% to close off the last two weeks of…
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U.S. pending home sales fall 4% in November to the lowest level since April 2020
The numbers: U.S. pending-home sales fell 4% in November, which is the sixth straight monthly…
Read MoreU.S. building permits fall 11.2% in November, while housing starts only dip slightly
The numbers: Construction on new U.S. homes fell a seasonally adjusted 0.5% in November to…
Read MoreBuilder sentiment fell every single month in 2022. Builders say there’s a silver lining.
The numbers: The National Association of Home Builders’ monthly confidence index fell two points to…
Read More‘Many prospective buyers are waiting for the volatility in mortgage rates to subside’: Mortgage rates hit 7.08%, Freddie Mac says
The numbers: The housing sector continues to face headwinds. The 30-year fixed-rate mortgage averaged 7.08%…
Read MoreAs mortgage rates dip below 7%, ‘millennials should jump at a 6% mortgage like bears grabbing for honey’
Mortgage rates took a slight dip below 7% after a better-than-expected economic report showed inflation…
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 MoreMortgage refinancing demand falls to lowest level since 2000
The numbers: Mortgage rates remain above 7%, slowing demand for refinancing and dragging overall mortgage…
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…
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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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