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A housing supply gap of 6.5 million homes. At its root, inflation is a result of an imbalance of supply and demand. In the housing market, weak inventory was a problem that existed prior to the ...
Alabama. October 2020 home value: $160,644 October 2022 home value: $214,110 2-Year change (#): $53,466 2-Year change (%): 33.28% The rapidly rising prices that defined the 2022 housing market ...
Freddie Mac reports an average 6.78% for a 30-year fixed-rate mortgage, down 1 basis point from last week's average 6.79%, according to its weekly Prime Mortgage Market Survey of nationwide ...
Freddie Mac reports an average 6.81% for a 30-year fixed-rate mortgage, down 3 basis points from last week's average 6.84%, according to its weekly Prime Mortgage Market Survey of nationwide ...
A fistful of housing data this week essentially declared who is winning in the current housing market. It’s certainly not homebuyers, who are picking through too-few choices to buy at still-high ...
The latest reading showed the weekly average 30-year fixed mortgage rate came in at 6.08% today. ( Daily mortgage rates are higher, at 6.21%.) But let’s get back to August.
First-time buyers struggle with housing market According to Bankrate’s Financial Security survey in 2023, 74 percent of U.S. adults consider homeownership an important part of the American dream.
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 ...