Everyone took a vacation this August—including would-be home sellers willing to put out a “For Sale” sign.
The post An Up-Close and Uncomfortable Look at the Housing Market’s ‘Inventory Crunch’ appeared first on Real Estate News & Insights | realtor.com®.
Category: median home prices
U.S. Home Sales Fall in July to a Six-Month Low
“Two factors are driving current sales activity—inventory availability and mortgage rates,” says Lawrence Yun, chief economist at the National Association of Realtors.
The post U.S. Home Sales Fall in July to a Six-Month Low appeared first on Real Estate News & Insights | realtor.com®.
Home Prices and Mortgage Rates End Summer at a High—but Fall Should Bring Buyers Hope
Mortgage rates just jumped to their highest level in 20 years, averaging 7.09% for a 30-year fixed-rate home loan as of Aug. 17.
The post Home Prices and Mortgage Rates End Summer at a High—but Fall Should Bring Buyers Hope appeared first on Real Estate News & Insights | realtor.com®.
Mortgage Rates Go Up—Right as the Housing Market Melts Down
Here’s what the latest real estate data means for homebuyers and sellers in our latest installment of “How’s the Housing Market This Week?”
The post Mortgage Rates Go Up—Right as the Housing Market Melts Down appeared first on Real Estate News & Insights | realtor.com®.
Home Prices Fell in Third of the U.S. During First Quarter
Home prices fell in more parts of the U.S. than they have in over a decade during the first quarter, the National Association of Realtors said Tuesday.
The post Home Prices Fell in Third of the U.S. During First Quarter appeared first on Real Estate News & Insights | realtor.com®.
Amid Bank Turmoil, the Housing Market Has Just Done Something Extraordinary
One facet of the economy that remained astonishingly unruffled this week was the housing market—which even showed a glimmer of good news.
The post Amid Bank Turmoil, the Housing Market Has Just Done Something Extraordinary appeared first on Real Estate News & Insights | realtor.com®.
Home Price Growth Is Cooling Fast—Does It Spell a Big Break for Homebuyers This Year?
Homebuyers found a bit of a reprieve in the housing market in December. Will the good tidings go into 2023?
The post Home Price Growth Is Cooling Fast—Does It Spell a Big Break for Homebuyers This Year? appeared first on Real Estate News & Insights | realtor.com®.
San Francisco’s Median Home Price Fell for the First Time in a Decade in 2022
Median sales prices in San Francisco fell 1% year over year to $1.78 million in 2022, the first decline in over a decade, according to a report Monday from Compass.
The post San Francisco’s Median Home Price Fell for the First Time in a Decade in 2022 appeared first on Real Estate News & Insights | realtor.com®.
Is the Housing Market in a Bubble? How the Indicators Today Compare With the Great Recession
The Fed chair says the housing market is in a bubble. But the market is very different from the run-up to the Great Recession. Here’s what we know.
The post Is the Housing Market in a Bubble? How the Indicators Today Compare With the Great Recession appeared first on Real Estate News & Insights | realtor.com®.
America’s Real Estate Market May Be Finally Recovering From the Pandemic—Here’s Proof
As the market shifts, who will prevail in the coming months? Sellers looking for a tidy profit or sellers looking for some relief?
The post America’s Real Estate Market May Be Finally Recovering From the Pandemic—Here’s Proof appeared first on Real Estate News & Insights | realtor.com®.