Market Trends
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
Fall Housing Market Outlook: Cooling Quickly
The seasonal cooldown for the housing market is shaping up to be extra chilly this fall, swinging negotiating power toward buyers.
August 2023 New Home Sales: New Sales Still Strong Compared to a Year Ago
New home sales slipped from last month, but are still elevated from a year ago.
August Existing Home Sales: Home Sale Slide Continues
Existing home sales dropped again in August leading to a full two years of continuous yearly declines in sales.
