Housing Market Shift: Inventory Up, Buyer Hesitancy
Housing market sees rising inventory, buyer hesitancy, and sellers adjusting expectations. Home prices remain stable, but price cuts are increasing. Market shifting towards buyers in some regions.
Mortgage Rates & Housing Market: Affordability Challenges Persist
Mortgage rates fluctuate around 6.84%. Affordability remains a challenge. Buyers should negotiate deals as sellers offer concessions below asking prices. Economic uncertainty impacts the housing market.
Housing Market Slowdown: Mortgage Rates, Luxury Homes, and Uncertainty
The housing market faces challenges with slowing construction, economic uncertainty, and fluctuating mortgage rates. Luxury homes remain strong, but overall mortgage activity is down significantly. New listings show mixed signals.
New Home Sales Surge in March: Lower Prices & Mortgage Rates
New home sales surged in March, reaching a peak since September 2024, driven by lower prices and mortgage rates. Sales increased 7.4% from February and 6% year-over-year, with cheaper homes fueling the market.
Slowing Home Price Growth: Market Trends & Uncertainty
Home price growth is slowing, with potential declines in some markets, particularly Florida. New listings remain strong despite economic uncertainty. Experts question if financial turmoil will drive prices down. Keep eye on 2022 patterns.