New home sales plunged in June as higher mortgage rates and lack of affordability dampened buyer demand. In addition, production slowed on lower builder confidence.
New home sales were at a seasonally adjusted annual rate of 590,000, a decrease of 8.1% compared with May and down 17.4% compared with June 2021, according to estimates from the U.S. Census Bureau and the U.S. Department of Housing and Urban Development.
The median sales price for a
I recall receiving MLS books once a month and being thrilled that a whole new population of sales were available to be considered within the
Does the cost of homeowners insurance affect the price of a home? In some markets, the answer is increasingly yes. In recent years, insurance companies
This article is featured in the 2023 edition of the Appraisal Buzz Magazine. Some other features we have in our magazine include Buzztoon comics, as
Let’s get real for a moment. When that email from an AMC hits your inbox, asking for your best fee and quickest turnaround, do you
