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Here's where home prices are falling and what it means for you. Where home prices are falling Housing affordability fell to a 40-year low in 2023, but the situation is turning around in some parts ...
According to data from Zillow, U.S. home prices fell by 0.03% month over month between July and August 2024 -- a modest decline, but significant given that prices usually increase during this time ...
Market observers who spoke to ABC News said they expect both price increases and mortgage rates to ease in 2025 -- but only a smidge. The average rate for a 30-year fixed mortgage stands at 6.85% ...
Prices hit a new all-time high in June 2024, with the median sale price for an existing home reaching $426,900, according to the National Association of Realtors (NAR). July’s median price was ...
Will housing sales decline? The volume of home sales has continued to soften over the course of 2024: Existing-home sales in September were down by 3.5 percent from last year.
The 88240 neighborhood in Hobbs, New Mexico, is projected to see the highest percent decline in average home prices at -7.4%, or a $12,054 decline on the average $162,908 home price.
There’s more bad news for potential homebuyers: Prices just hit another record. Alicia Wallace, CNN. March 26, 2024 at 11:46 AM ... we’re a year away from seeing home prices drop nationwide ...
This scenario may already be playing out: The median home sale price in Austin was down 6.2 percent year-over-year, according to June 2024 Redfin data, and homes there were taking a long 50 days ...