Today: 5. Nov, 2024
In a startling economic indicator, pending home sales have plummeted to their lowest level since record-keeping began in 2001, surpassing the declines seen during the financial crisis over a decade ago. The National Association of Realtors (NAR) reported a 1.5% drop in…
The average 30-year fixed mortgage rate in the United States has hit an astonishing 8% for the first time since 2000, leaving many potential homebuyers grappling with affordability. As Jessica Lautz, deputy chief economist and vice president of research at the National…
The United States real estate market has faced a significant downturn, with September home sales dropping to the lowest since the foreclosure crisis in 2010. This dip represents a 2% decrease from August and a 15.4% decline compared to September of the…
Pre-owned home sales in June plunged by 3.3% compared to May, resulting in a seasonally adjusted annualized rate of 4.16 million units, as the National Association of Realtors reported. This dip marks an 18.9% decrease compared to the same period in the…
The National Association of Realtors reported virtually no change in the sales of pre-owned homes in May compared to April, with a minor increase of 0.2%, making it an annualized, seasonally adjusted rate of 4.30 million units. Yet, compared with the same…
