NAR: ‘Decade-High Rates Deeply Cut Into Contract Signings’ House hunters are backing away from the housing market as mortgage rates continue to rise sharply.
Existing-Home Sales Fall for the Seventh Straight Month and Decline 0.4% in August 2022 August’s sales represent the seventh consecutive month of declines, and sales were the weakest since May […]
U.S. Home Prices Fall For First Time Since 2012, Largest Ever Deceleration https://www.breitbart.com/economy/2022/09/27/case-shiller-july-2022/ Despite the month-to-month decline, home prices in July were still higher than they were a year ago.
Homebuilders are boosting incentives as they suddenly struggle to sell homes Chief executives of major builders are saying they have to respond more quickly to the sudden turnaround in the […]
Dallas Area Residential Sales Report for June – Carrollton/ Farmers Branch Extremely low inventory Sales were off by 2.7% in June compared to last June. Pending sales fell 15.7%. The […]
Investors bought nearly a third of all homes in Texas last year These are buyers from Wall Street, a hedge fund or someone outside of the scope of a […]
Pending home sales fell 20% in June versus a year earlier as mortgage rates soared There are indications that mortgage rates may be topping or very close to a cyclical […]
How is it August already? This summer has flown by. Everyone I know is busy with back-to-school and dorm preparations, last-ditch escapes to higher elevations and generally trying to make […]
Market Won’t Improve Without Action on Supply The inventory crunch will continue to chip away at affordability and sideline more buyers unless Congress enacts policies to boost housing production
We are officially at the halfway point of 2022! I hope this email finds you happy, healthy, and most importantly, keeping your cool! The first six months of 2022 have […]