Tag: Housing market trends
U.S. Mortgage Rates Near 7%: Impact on Housing Market
U.S. Mortgage Rates Near 7%: Impact on Housing Market Mortgage 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...
Signs of DC Housing Market Decline Amid Federal Layoffs
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...
Record-low Pending Home Sales in January
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...
January Home Sales Decline Amid Record High Prices
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%
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...











