Source: Realtor.com — For those navigating America’s residential real estate market, it’s lately felt a bit like an out-of-control cargo train, ever threatening to veer off the tracks—stomach-churning price accelerations followed by interest rate hikes slamming...
Source: Bankrate — Confidence in the housing market is still fairly low among U.S. home builders, but it’s on the rise. According to the most recent National Association of Home Builders/Wells Fargo Housing Market Index, released January 18, builder confidence...
Source: Fox Business — Goldman Sachs expects home values to worsen through 2023 amid continued skyrocketing interest rates and declining housing prices. The firm wrote to clients earlier this month that it predicts four U.S. cities will suffer the most...
Source: Yahoo! News — Real estate agents confirm what housing data is starting to show: More homebuyers are emerging from their self-imposed hibernation. The volume of mortgage applications for home purchases rose 25% week over week, the Mortgage Bankers...
Source: CNBC — The average rate for a 30-year mortgage dropped to 6.15% last week — the lowest in 18 weeks. This dip in rates provides welcomed relief for many potential homebuyers who’ve put their dreams on pause thanks to high mortgage interest rates, which...
Hits and Misses for the Real Estate Week of March 16-20
