Housing Affordability Hits Record Low, but Turning Point Lies Ahead
Mirroring a steep rise in mortgage rates that began in the early part of 2022 and coupled with ongoing building ...
Tag: Home Prices
Homebuyer Sentiment Increases, but Remains Below Pre-Pandemic Highs
Homebuyer sentiment increased by 0.6 points to 61.6, the third consecutive increase but still well below pre-pandemic highs and down ...
Rising Mortgage Rates Dampen Demand as Home-Price Growth Falls
The effect of rising mortgage rates on housing demand in 2022 became even more evident in December, with annual home ...
Southern Metros Resist Price Declines, ‘Overvalued’ Markets Sink
As home-price growth has tapered—or, in a few regions, actually reversed—there has been significantly less focus on the out-of-control price ...
2022 Marked a Return to Pre-Pandemic High-End Activity in South Florida
REGIONAL SPOTLIGHT–South Florida’s luxury residential market experienced a return to normal in 2022, after a historic 2021 that virtually has ...
Home-Price Gains Continued to Cool in November
The challenges of a shifting housing market and mortgage environment continued to have a cooling effect on home price growth ...
Luxury Home Prices Fall as Starter Homes See Increases
Home prices have been the subject of much discussion throughout the recent housing market struggles. The current housing market correction ...
The 10 Best Markets for First-Time Homebuyers in 2023
Out of all the market challenges of 2022, first-time homebuyers had some of the biggest. With high home prices and ...
Renting Remains More Affordable, Despite Rising Prices
Renting the average three-bedroom home is more affordable compared to owning a single-family home in the nation’s largest counties with ...
New Home Sales Rise for Third Consecutive Month
New home sales continued to grow in December, rising 2.3% from November’s rate of 602,000 to 616,000, according to new ...
Red (Flag) Alert! Guiding Buyers After Discovering a Property’s Problems
In most states, homesellers are legally required to disclose any known material defects or issues with the property. But that can be a slippery slope. Read more.
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