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Updated June 1, 2022 at 9:27 AM. Even as the housing market begins to show signs of cooling off, ... (video above). “If you look back a year ago, you need about $30,000 to $33,000 more household ...
The housing market has been effectively stuck since mortgage rates began their swift climb in 2022. Homeowners lucky enough to lock in rates around 3% in earlier years were suddenly reluctant to ...
“For 2022, the competition amongst homebuyers in suburban and rural areas will be fierce,” said Chuck Vander Stelt, real estate broker and founder of Quadwalls.com. “Compared to 2021, homes ...
Fannie Mae’s gauge of housing sentiment jumped 2.9 points in December to 67.2, its highest level since April 2022. The boost was driven by increased optimism that mortgage rates will soften over ...
In July, the housing market had a 4.0-month supply of housing inventory, a 19.8 percent improvement over last year but still below the 5 to 6 months needed for a healthy, balanced market — one ...
Expect 2022 To Close With Rates in the Low 8s to High 9s With mortgage rates around 7% now, the smart money says further Fed action will force them up by at least one percentage point by year’s end.
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Home prices rose by nearly 20% over the last year, an astonishing rate of growth that was faster and more intense than even the run-up to the housing crash of 2008, according to Fortune -- and that...