Tag: home prices U.S.
Housing Market Getting Back to Normal Experts Say
According to experts, surging inflation and fears of recession have caused the U.S. housing market to get back to normal. This follows a prolonged period of high demand and sky-rocketing prices.
According to DLB Financial Services CEO Debbie Boyd, the current state of the U.S....
Mortgage Rates Make Another Jump, Approach 6% Mark
The U.S. home market continues to put new challenges in front of homebuyers. The mortgage rates have made another jump and now find themselves at 5.81 percent on the 30-year fixed mortgage, according to a report shared by Freddie Mac.
The figure represents a 0.03...
Home Sales in the U.S. Slide to 2-Year Low
The U.S. home sales continued their downward trajectory in May as surging mortgage rates and rising prices show no signs of going away. According to a recent National Association of Realtors report, sales dropped 3.4 percent to settle at 5.41 million units. This represents...
First-Time Homebuyers Need $30,000 More in Income Says Century 21 CEO
The past year has been tough for first-time homebuyers. The U.S. housing market has been running wild with home prices surging more than 20% in 2022 in comparison to the same period in 2021. It also didn't help that mortgage rates jumped from 3.11%...