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He added that on the inventory side, the spate of new condos and single-family homes reaching the market also weighs in. “The Seattle housing market is forecasted to keep cooling through 2025 ...
'The market is slowing down' Almost two-thirds, or 61.9%, of homes listed on the market in May had been for sale for at least 30 days without going under contract, according to a new analysis by ...
No silver bullet for the housing market. Lower mortgage rates should alleviate some pressure in the housing market, but it might take a while before they drop enough to provide any meaningful respite.
Mortgage rates still high at the start of 2025. The housing market faces stiff headwinds in 2025. Mortgage rates rose in each of the first three weeks of January and hover near 7%. Many market ...
After the COVID-19 pandemic, some baby boomers whose children have moved away have found it prohibitively expensive to move into smaller homes, a paradox caused by the higher prices of newer homes, tax benefits given to long-time owners, higher interest rates, and low supply of appropriately-sized housing caused by restrictive zoning that ...
The bank said home prices will stay high and go even higher. The housing shortage will persist. ... Home prices spiked during Covid-19 and then the Fed’s war on inflation sent mortgage rates ...
One of the big factors cooling demand is rapidly rising mortgage rates. While the rate on the 30-year fixed mortgage — the most common home purchase loan — inched down to 5.25% last week from ...
People are finding out about risk-free real estate investing with just $100 Warren Buffett once said, "I ... the U.S. housing market will not significantly improve until at least 2026, and home ...