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Potential homebuyers have been waiting for the frozen housing market to thaw since 2022, when high mortgage rates kept homeowners from selling out of fear of not being able to get low rates again ...
Home sales skidded to a fresh low in 2024 as high mortgage rates and property prices kept buyers and sellers on the sidelines of the housing market. Americans sold 4.06 million previously owned ...
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Nearly 23% of home listings received a price cut in January – the highest share on record for this time of year.But sellers are returning – new listings jumped 12% year-over-year, and ...
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Ground-breaking on single-family housing projects plummeted 28.7% in the Northeast, but increased 4.6% in the Midwest and the West. Single-family homebuilding slipped 0.5% from a year ago.
Help may not be on the way for first-time homebuyers frustrated by high mortgage rates and even higher home prices. Economists at Bank of America warned this week that the US housing market is ...
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