Source: KGW8 News — PORTLAND, Ore. — Portland real estate agents say the market is back into historical trends. The two-year home buying frenzy has slowed down as interest rates have hit nearly 7% – something that’s stopped buyers from going all in...
Source: Yahoo! Finance — IRVINE, Calif., January 05, 2023–(BUSINESS WIRE)–CoreLogic, a leading global property information, analytics and data-enabled solutions provider, released the major U.S. housing trends wrap-up for 2022. Year-over-year home...
Source: CNBC — Manhattan apartment sales fell by 29% in the fourth quarter, sparking fears of a frozen market in which buyers and sellers stay on the sidelines due to economic and rate fears. There were 2,546 sales in the quarter, down from 3,560 last year,...
Source: CNN Business — Washington, DCCNN — Last year was a wild ride in the US housing market. Mortgage rates doubled and sales plummeted, triggering the longest month-to-month slump on record. A lot of would-be buyers and sellers watched from the sidelines....
Source: Capital.com — What is a housing market recession? In general, a recession refers to a situation when the economy is witnessing a decline in activity. In addition, a fall in employment, income, retail sales and production also come into play, affecting...
Source: US News — Millennials were already having a hard time becoming homeowners, but as new data shows, 2022 only added fuel to the fire. According to the 2022 Profile of Home Buyers and Sellers report from the National Association of Realtors...