Source: Redfin — More and more, home sellers are ceding to the mounting pressure on affordability posed by this month’s rapid mortgage-rate hike. The median asking price of newly listed homes is down 1.5% from the all-time high it reached in the spring, and a...
Source: World Property Journal — According to new research by the Mortgage Bankers Association’s Research Institute for Housing America, more than 4 million existing-homes for sale annually over the next decade will come from the aging and mortality of...
Source: Scotsman Guide — With affordability hovering around all-time lows and buyer activity on the decline, more and more home sellers are recalibrating their expectations and adjusting their asking prices, according to a new report from Redfin. The median...
Source: AZPM — Housing of all types has gotten pricier in Tucson since the COVID-19 pandemic. On the real estate market, home prices have gone up 50 percent in the past two years, while rents have gone up by a third. “You’re seeing a lot of people...
Source: Newsweek — Soaring home prices, rising mortgage rates, a 40-year inflation high and other factors are fueling concerns that the U.S. housing market could crash. While some experts have doubts about whether such a crash would match the severity...