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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 ...
Some specific housing markets are becoming even more attractive for buyers. The 30-year mortgage rate dropped to 6.47% as of August 8 — its lowest rate in more than a year, according to Freddie ...
The housing market is shaping up for some interesting changes. Although no one has a crystal ball, experts are sharing predictions about what could happen. Read Next: 25 Places To Buy a Home If You...
The housing market is ending 2024 with ‘stale’ supply There’s good news in the housing market to close out 2024: There’s a lot more supply on the housing market. But much of it is sitting ...
“Furthermore, buyers are in a better position to negotiate as the market shifts away from a seller’s market.” The NAR expects 4.5 million existing home sales next year. As of November ...
A measure of housing contract activity jumped 7.4% in September as buyers took advantage of lower mortgage rates and higher inventory. The Pending Home Sales Index, which tracks contract signings ...
🏡 Key housing market stats The median home-sale price as of September 2024 was $404,500 — the highest September median NAR has ever recorded and only about $20K short of the all-time high
“Following two years of double-digit price growth, the housing market remains overvalued, and affordability is near a four-decade low. In turn, sellers will capitulate on list prices.” This ...
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