Market Trends
September 2023 New Home Sales: New Sales Skyrocketing in September
New home sales skyrocketed in September blowing past expectations. While homebuilder confidence is slipping, homebuyers are still strong on new construction with sales up over a third from last year.
Mortgage Rates May Breach 8%, But Don’t Expect a Major Market Shift
More potential buyers will be priced out and the inventory deficit may deepen the higher mortgage rates rise.
Metric Spotlight: More Price Cuts, Fewer Bidding Wars as Seasonal Cooldown Settles In
Buyers in New Orleans, Florida and Texas are seeing the fewest bidding wars