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U.S. Housing Inventory Hits a Two-Year High as Demand Cools

U.S. Housing Inventory Hits a Two-Year High as Demand Cools

by Third Party | Nov 6, 2022 | News/Current Events, U.S. Housing Market

Source: Mansion Global —  The number of homes for sale in the U.S. hit a two-year high in October, according to a report from Realtor.com Thursday. Active listings increased 33.5% since October 2021 to the highest level since 2020, with a 2.8% increase over...
Housing market predictions: the forecast for the next 5 years

Housing market predictions: the forecast for the next 5 years

by Third Party | Nov 6, 2022 | Mortgage Information, U.S. Housing Market

Source: Bankrate —  It’s been a wild real estate ride over the last few years. After a red-hot market characterized by bidding wars, low interest rates and elevated prices, mortgage rates increased to the highest level in 20 years, leading to a slowdown of both...
Housing Market Could See Further Fallout From Fed’s Inflation Fight

Housing Market Could See Further Fallout From Fed’s Inflation Fight

by Third Party | Nov 5, 2022 | News/Current Events, U.S. Housing Market

Source: Forbes —  Federal Reserve Chair Jerome Powell views the U.S. housing market as “very overheated” after the pandemic, and he believes supply and demand need to get back into balance. Powell spoke at a November 2 press conference as the U.S. Federal...
10 Reasons Why Austin, Texas Is The Hottest Real Estate Market In The United States Right Now

10 Reasons Why Austin, Texas Is The Hottest Real Estate Market In The United States Right Now

by Third Party | Nov 5, 2022 | Mortgage Information, U.S. Housing Market

Source: Times Square Chronicles —  Austin, Texas is one of the fastest growing cities in the United States. With more people flocking to Texas from many parts of the country, the city’s real estate market is amongst the hottest in the country right now. We’ll...
As mortgage rates hit 20 year high, Tampa Bay housing market braces for a cool down

As mortgage rates hit 20 year high, Tampa Bay housing market braces for a cool down

by Third Party | Nov 5, 2022 | Industry Updates, News/Current Events, U.S. Housing Market

Source: Tampa Bay Times —  A home-buying frenzy triggered by historically low mortgage rates helped elevate Tampa Bay from a hidden gem to a real estate hot spot over the past two years. But now that rates have shot back up, experts say buyers are finally...
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