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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.
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 ...
Top economist Gary Shilling predicts a ‘considerable revival’ in housing activity—but it’s going to take 3 or 4 years to unfreeze the housing market Sydney Lake March 5, 2024 at 5:07 PM
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...
The median price for an existing home jumped nearly 15% from August 2020 to August 2021, according to the National Association of Realtors.