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Homebuyers continued to retreat last week despite relatively stable mortgage rates as broader concerns about the economy and labor market weighed on demand.. Mortgage applications to purchase a ...
The median U.S. home sale price dropped 1.2% in February, marking the first year-over-year decline in a decade, according to a new report from Redfin.
New home sales fell 13.7% in May, showing that the housing market is in a freeze. Redfin said this month that unsold inventory is at a record high.
Key Takeaways According to a report from real estate data firm Redfin, homebuyer demand was 11% lower than the month prior in early January.Pending sales and new listings saw their steepest drops ...
The average rate on a 30-year U.S. mortgage edged up this week, ending a five-week decline in borrowing costs for homebuyers ...
In all, Goldman projects sharp declines this year in new home sales (22% decline), existing home sales (17% drop) and housing GDP (8.9% drop). It projects further declines in 2023, including ...
US home prices fell year-over-year for the first time since 2012 in February. But compared to the rest of the world, US homebuyers haven't gotten much of a discount at all. The US' reliance on the ...
Today, the Federal Reserve will get their briefing ahead of their meeting at the end of the month and mortgage applications rose as homeowners anticipate interest rates staying higher for longer.
The good news: The number of homes on the market at the end of May was the most since August 2022, a trend that bodes well for home buyers this summer. Skip to Main Content Open Close Menu ...
Homebuyers had 45,000 fewer homes to choose from in July as the US housing market remains as tight as ever. ... marking the first annual decline since April 2022.
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CultureMap Houston on MSNSlight decline in Houston home prices could benefit buyers, report saysA brand new report from Homes.com, which tracks hundreds of thousands of transactions to identify real-time housing trends, might mean great news for Houston home buyers. Houston home prices posted ...
Washington – The average rate on a 30-year mortgage in the U.S. fell this week for the first time in a month, but borrowing costs for homebuyers remain elevated.. The long-term rate dipped to 6. ...
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