Licensed associate real estate broker Brian Lewis breaks down the state of the U.S. housing market as home buyers feel the pain of sky-high mortgage rates. One real estate expert…
Tag: housing
Pueblo real estate businesses hit hard by housing market slowdown
Pueblo’s real estate market is continuing to slow down, and the fallout is impacting businesses industrywide. It’s not just Realtors feeling the impacts — it’s home builders, mortgage lenders and…
Housing turnover will drop to lowest rate since the 80s, economist projects
UBS U.S. homebuilders and building products analyst John Lovallo discusses whether housing has entered a recession after home search activity on Google plunged in November on ‘Varney & Co.’ Home…
China Is Finally Trying to Fix Its Housing Crisis
More than a year after one of China’s biggest real estate developers began to collapse, trouble has rippled through cities across the country. Dozens of other developers have also missed…
Home Depot and Lowe’s are booming in a housing market bust
A Home Depot store in Hyattsville, Maryland, on February 22, 2022. Stefani Reynolds | AFP | Getty Images As the U.S. housing market falls hard from its pandemic-driven highs, home…
Mortgage Rates Hit 7%, Housing Prices Expected to Fall
Few analysts, however, expect the market to crash as it did after the 2008 subprime mortgage crisis, in part because of stricter underwriting practices and a massive swell of home-price…
These 210 housing markets are now vulnerable to 20%-25% home price declines, finds latest Moody’s downgrade
Favorable millennial demographics. Tight housing inventory. Low unemployment. That’s why housing bulls said the Pandemic Housing Boom had more room to run. Moody’s Analytics chief economist Mark Zandi, of course,…
Confused about the housing market? Here’s what’s happening
The slowdown in the otherwise red-hot housing boom has been stunningly swift. The U.S. housing market surged during the pandemic as homebound people sought new places to live, boosted by…
Map: How fast sellers are slashing home prices in America’s 97 biggest housing markets
The Pandemic Housing Boom saw U.S. home prices spike an unprecedented 43% in just over two years. But that’s over now: Spiked mortgage rates have pushed the U.S. housing market…
As the US housing market returns to sanity, researchers say these 5 cities are primed for deep price cuts
As the US housing market returns to sanity, researchers say these 5 cities are primed for deep price cuts If you’ve been squeezed out of the tight housing market over…
Should I wait for real estate prices to crash before I buy a house? Here are 3 simple reasons why this housing downturn is nothing like 2008
Two years in, this decade has already brought a global pandemic, record-setting inflation, rising interest rates and a country more divided than ever before. So why not a housing crash…