In June, pending home sales fell 8.6% from the previous month, according to the National Association of Realtors. That’s the latest sign that the frenzied housing market we’ve come to know during the pandemic is finally cooling off. So what’s it like to be buying or selling a home right now? “We were finding that […]
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The housing slowdown we’ve been anticipating for months is here. The big picture: Home sales are slowing down, and some of the pandemic era’s hottest “Zoomtowns” — sleepy areas where remote workers pushed up real-estate prices — are already seeing price drops. Why it matters: The idea of a real estate downturn might seem scary, especially […]
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The U.S. housing sector is finally cooling off. For those looking to buy, there are homes in several parts of the country that are on sale right now, according to new data. Sellers slashed home prices in June in areas that saw red-hot price appreciation earlier in the pandemic, including Reno, Nev., Austin, Texas, and […]
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The pandemic spurred millions of Americans to abandon city life, fleeing to the ‘burbs. A new report highlights a novel destination for would-be homeowners to consider: The R.V. capital of the world. The Wall Street Journal/Realtor.com Emerging Housing Markets Index, released Tuesday, ranked Elkhart-Goshen, Ind., as the top housing market. (Realtor.com is owned by the same […]
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As the real estate market boom continues across the country, demand isn’t expected to slow down in the Upstate any time soon.At the beginning of 2022, realtors told WYFF News 4 that it was tough to keep houses on the market.“It may slow down everywhere else, but not here,” Palmetto State Home Mortgage owner Shawn […]
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Katrina Campins weighs in on the recent slowdown in the real estate market and explains what’s behind it. Luxury real estate agent Katrina Campins argued Wednesday that “the stock market is going to be an indicator of what happens in the real estate market.” The Campins Company founder stressed clients have been impacted by the stock market, which, […]
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If you feel a bit of whiplash hearing the varying takes on the housing market right now, you’re not alone. Home prices are still rising—but not as much! Mortgage rates are generally up—but recently they’ve held below 6%! (See the lowest mortgage rates you can get now here.) There are bidding wars galore—but not everywhere! […]
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As the US housing market starts to cool, researchers say these cities are primed for a price drop If you’ve been squeezed out of the tight housing market over the past couple of years waiting for the opportunity to buy, you might finally be getting your chance – and some places are already looking more […]
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Tulsa’s housing market is hot, and area real estate agents said it’s all-consuming. They said it’s still a sellers’ market. “I think it’s the reverse of the Dust Bowl […] from the 1930s and 1940s when everyone went from Oklahoma to California to find work. And it feels like the reverse is happening. Everyone’s leaving […]
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What’s going on with the housing market now? Getty Images Though mortgage interest rates have been slowly ticking up — with some pros saying we may see more of that (you can see the lowest mortgage rates you can get here) — summertime homebuyers have likely noticed that housing price growth doesn’t seem to be slowing […]
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