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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 ...
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 ...
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 ...
High mortgage rates, inflation and low supply have made the road to homeownership a difficult one as of late. While home prices seem to be cooling down, some experts are warning that a potential...
A recent report from real estate website Redfin shows several signs that the residential market could be cooling, Fortune reports. After more than a year of bidding wars, low inventory, and record...
Experts and forecasters see a cooling market in some cities and a scale tipping more in the buyer’s direction. "You're either gonna have to pay more for that house because the loan is going to ...
Continue reading → The post Where Housing Markets Are Cooling Off Most – 2022 Study appeared first on SmartAsset Blog. ... Rising mortgage rates and declining home sales have signaled the end ...