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National Association of Realtors data shows that inventory in December 2023 was up 4.2 percent from the same time last year. Although home building has started to tick upward, “more steady ...
Personal incomes would have to soar to make up for the higher home payments created by rising mortgage rates.
December 28, 2023 at 6:45 AM. ... 2023 was the year the housing market cracked: The stark divisions between housing haves and have-nots became more visible than ever before, even in America’s ...
And housing starts have still not recovered from the bursting of the housing bubble in the mid-2000s. Divide between haves and have-nots The forecast for a “stuck” housing market cuts both ways.
So how do you make sense of a housing market that looks frozen, with little sales activity, albeit with some movement on prices nationwide? ... First American’s Fleming equates 2023’s 8% ...
The housing market is really expensive—we all know that by now. Affordability is the worst it has been since the 1980s, and that has a lot to do with mortgage rates that reached slightly above 8 ...
In July, the housing market had a 4.0-month supply of housing inventory, a 19.8 percent improvement over last year but still below the 5 to 6 months needed for a healthy, balanced market — one ...
In expensive parts of the country, any mortgage rate savings can help spark buyer interest, said Tim Nguyen, a real estate agent in Santa Clara, Calif., where the median home lists for more than ...