Inflated home prices combined with high interest rates, which currently sit at more than 7.5%, are leaving many prospective buyers feeling the need to put their homebuying dreams on hold. While the current housing market might not be working in the buyer’s favor, there are ways to take...
We understand you may be feeling discouraged. However, if you’re having a challenging time getting into a home you love, we have good news. The current housing market is now providing you with more opportunities to make your move. Want to know more? Read on! We’ve created an overview ...
To some, the slowdown in the housing market is the catalyst for a major economic downturn. Decreased construction activity, the loss of housing wealth, and the resetting of adjustable rate mortgages all suggest a decline. Yet, it's really a question of magnitude and whether there will be ...
Windermere Chief Economist Matthew Gardner demonstrates how the U.S. housing market is adapting to low inventory levels in this month's Monday with Matthew.
The US housing market has been experiencing significant changes due to various factors, which present both opportunities and challenges for property managers and owners. Understanding these trends is crucial for staying ahead in the competitive market. In this section, we will discuss some of th...
When it comes to the future of the housing market, both Hepp and Scoolis expressed concerns over the challenges brought by affordability. “The housing market is likely to see some challenging times ahead, especially in the form of high mortgage rates which are expected to level up higher ...
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“Too much inventory is a problem for the wider housing market as well, whereby if builders need to cut prices, sellers in the resale market may need to cut prices as well to stay competitive.” How will this housing correction affect home prices? We don’t exact...
If you want to sell your home quickly in today's complex housing market, professional listing photos are nonnegotiable.
In practice, a 30-year mortgage’s duration is closer to the five-year note, but the market tends to use the 10-year bond as a benchmark. This also means that the interest rate on 30-year fixed-rate mortgages offered to consumers should move up or down with the yield of the U.S....