How High Mortgage Rates Are Impacting the Housing Market—and Consumers’ Moods
In August, mortgage rates surpassed 7%, hitting a more than two-decade high. At the beginning of 2023, most housing-market watchers ...
Tag: Housing Market Outlook
NAR Forecasts Existing Home Sales Will Rise in 2024
Elevated mortgage rates, high home prices and limited housing inventory are making the dream of homeownership difficult for Americans, according ...
HomeSmart CEO: Real Estate ‘Becoming a Commodity’ and Hurting Consumers
As 2023 draws to a close, the residential real estate industry is facing challenges like never before. Elevated mortgage rates, ...
As Gen Z Enters Home-Buying Years, Shifts in the Market Will Follow
Five days after his 19th birthday, and just a few months after receiving his high school diploma, Nelson Jett graduated ...
Brokers Bullish on AI as BCI Holds Steady
It might not be quite ready for the spotlight, and it hopefully isn’t plotting to destroy humanity, but AI is ...
New Report Predicts Lower-Than-Expected Home Sales
After turbulence in the banking sector and an overall shaky first half of 2023 characterized by high mortgage rates and ...
Deciphering the Misunderstood Housing Market
The headlines can sometimes be alarming: “Home sales activity at a decade low.” “Prices are collapsing.” “The market is set ...
What’s the Outlook for Housing Market Potential for the Rest of 2022?
Housing market potential sagged to its lowest point since May 2020 in September, falling 3.6% from August to an estimated ...
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