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Hottest US Housing Markets Now Have Bigger Share of Price Cuts

Hottest US Housing Markets Now Have Bigger Share of Price Cuts

Source: Yahoo Finance ---  (Bloomberg) -- US cities that saw some of the biggest jumps in home prices during the pandemic now have the largest shares of price cuts, according to data compiled by Zillow Group Inc. Overall, the proportion of active real estate listings...

Demand For Vacation Homes Is Now Below Pre-Pandemic Levels

Demand For Vacation Homes Is Now Below Pre-Pandemic Levels

Source: Redfin --- High home prices and mortgage rates, along with economic uncertainty and an increase in second-home loan fees, have put an end to the pandemic-driven vacation-home boom.  Demand for vacation homes has fallen below the pre-pandemic baseline for the...