Housing market slowdown takes hold as mortgage rates dig in
This post was originally published on this siteTOWN SQUARE | Slowing demand means that some sellers decided to lower their sales price to get an offer or during negotiations, according to Redfin.
Mortgage rates, home prices expected to stabilize, forecast says
This post was originally published on this siteTOWN SQUARE | Realtor.com revised its 2022 housing forecast and said listings are expected to grow 15 percent this year compared with 2021.
Consumers Are Losers in a Booming Industrial Economy
This post was originally published on this siteManufacturing and construction are still going strong, and while that lowers the chances for a recession, it means higher prices will continue for most basic goods.
Rising rates will cool the housing market. But a crash is unlikely.
This post was originally published on this siteHome sale prices are up 40 percent since the start of the pandemic. But with mortgage rates increasing, the days of such rapid price growth are almost certainly over.
Rising mortgage rates starting to affect residential housing market
This post was originally published on this siteTOWN SQUARE | New, existing and pending home sales fell in March compared with a year earlier.
Report: Home buyer demand shows signs of slowing
This post was originally published on this siteTOWN SQUARE | A decrease in mortgage applications, fewer online searches and fewer home tours are all signs that some buyers are waiting on the sidelines this spring.
Stagflation Is Already Here in the Housing Market
This post was originally published on this siteSoaring prices and low inventory are causing headaches for homebuilders and buyers but benefiting owners — and therein lies the Fed’s predicament as it seeks to lower inflation.
Spring is in the … housing market? Home prices are surging early this year. Here’s why.
This post was originally published on this siteThe early reversal is being attributed to historically low levels of inventory and homebuyers trying to lock in mortgage rates before they go up.
