Housing Wire

JUNE 21, 2022

The National Association of Realtors (NAR) reported that existing home sales for April came in at 5.41 from the previous month and 8.6% Now that mortgage rates have risen, demand is getting hit, while we are still showing 14.8% Whenever rates rise, we see it impact demand, and mortgage rates are at 6% and no longer at 3%.

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Housing Market Marketing Inventory Mortgage 540

Housing Wire

JANUARY 25, 2023

This article is part of our 2022 – 2023 Housing Market Update series. After two years of runaway home prices, the Federal Reserve stepped in to reverse engineer rampant inflation, and it has been utilizing the housing market as one of the main economic engines to achieve its objective. They eased below 6.5% in September 2022.

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Housing Market Marketing Inventory Sellers 427

Housing Wire

DECEMBER 8, 2021

My biggest concern for housing in the years 2020-2024 was that if the demographic push in demand picks up and total home sales get over 6. While the rate of growth of home prices is cooling off (the S&P CoreLogic Case-Shiller Home Price Index typically lags), it’s still at a very unhealthy level for me.

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Inventory Housing Market Marketing Mortgage 518

Will Springer Realtor

MAY 12, 2021

Home prices are overheating, mortgage rates are inching up from the start of the year and the supply of homes is in an unseasonable valley – far from its Mt. history, continues its march into prime home-buying years at a rate of more than 4.5 But rates are trending higher, now around 3.125% from about 2.75% on Jan.

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Real Estate Inventory Buyers Construction 36