| Getty Images Key Takeaways November 2022 pending home sales decreased 4% compared to October and 38% compared to a year ago. Many factors are leading to the slowdown, including high interest rates, ...
Tag: Real Estate Trends
Should You Buy A House In A Recession? Pros And Cons
| Getty Images Key Takeaways We may not currently be in a recession, but we are experiencing some atypical circumstances in our economy, especially the housing market. There are several reasons to con...
How To Save Money For A House In Today’s Market
| Getty Images Key Takeaways Bringing in additional income is one of the best ways to save quickly for a down payment. Paying down debt not only frees up money every month going forward, but it can al...
Homebuilder Sentiment Drops Along With Housing Prices
| Getty Images Key Takeaways Home builder sentiment, measured by the National Association of Home Builders, fell in October. The report indicates that home builder sentiment has fallen for 10 consecut...
Why Did Mortgage Rates Suddenly Drop?
| Getty Images Key Takeaways Rates for 30-year fixed rate mortgages dropped below 7% the first week of November. Rates have been moving higher for most of 2022, rising from around 3% to over 7%. More ...
Where Are Housing Prices Coming Down The Most?
| Getty Images Key takeaways On average, housing prices are dropping, nationally. Housing markets that are cooling the most are concentrated on the West Coast. Rising interest rates and economic uncer...