Source: Axios — The residential real estate market has screeched to a halt, and some economists believe home prices are about to drop significantly. The big picture: Existing home sales have fallen for nine straight months. The supply of single-family homes is...
Source: Seeking Alpha — Introduction I recently wrote an in-depth article on the housing market and home builders in the United States. While we will also discuss the core message in this article, the main takeaway is that major buyers are waiting until...
Source: The Real Deal — One of the biggest reasons affordable housing isn’t available in the most expensive cities in the U.S. is because those localities aren’t permitting enough homes to be built in them, the Atlantic reports. Some areas have allowed housing...
Source: The Ascent — You’ll often hear that it pays to pump extra money into your mortgage if you’re able to do so. That way, you can pay off your home early and benefit from interest-related savings. But these days, some mortgage borrowers may be...
Source: Yahoo! Money — Today’s housing market couldn’t be more different from the sizzling market of 2020 and 2021. Instead of flying off the market as soon as they’re listed, a growing number of today’s houses are languishing — and to the dismay of homeowners,...
Source: The Ascent — There’s a reason sellers have had such a huge advantage over buyers over the past few years. The real estate market has lacked inventory in a very big way. Meanwhile, the supply of available homes began to dwindle at a time...