Tag: Housing market trends

The Washington, D.C. housing market is showing signs of decline amidst federal layoffs, with a significant increase in home inventory in the region, including the District and its surrounding suburbs. According to Realtor.com, the...

In January, pending home sales hit record lows due to a combination of high mortgage rates and soaring home prices. The National Association of Realtors reported a 4.6% drop in signed contracts for existing...

The latest data on January home sales paints a challenging picture for the U.S. housing market. Despite a slight uptick in sales compared to the previous year, the numbers are still hovering at a...

December Pending Home Sales Plummet as Mortgage Rates Exceed 7%In a surprising turn of events, signed contracts on existing homes took a steep nosedive in December, plummeting by 5.5% from the previous month and...

U.S. Mortgage Rates Near 7%: Impact on Housing MarketMortgage rates in the United States have reached a near 7% high, sending shockwaves throughout the housing market. The surge in interest rates is leaving potential...