Por: The Hill Politics October 19, 2022
Home sales declined the most on record in September as mortgage rates surged and pushed prospective buyers out of the once-hot housing market, according to a new report. A shows the number of homes sold fell by 25 percent and new listings dropped by 22 percent last month, marking the biggest declines on record in both categories — excluding numbers at the onset of the coronavirus pandemic in April and May 2020. “With inflation... + full article
MarketWatch USA Business October 21, 2022
For the average homebuyer, the monthly payment on that mortgage has risen by 50% from a year earlier when mortgage rates were at 3%, Redfin said. The massive jump in rates has iced buyer demand, with sales of The last time sales dropped for so many consecutive months was in... + más
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WPTV USA Nation October 19, 2022
The once red-hot housing market appears to be cooling as Redfin reported a 25% decline in homes sold in September compared to September 2021.Redfin’s monthly report, which was released on Wednesday, indicated a 22% drop in new listings in September compared to the prior year.... + más
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MarketWatch USA Business October 09, 2022
In May and June, the typical buyer was putting down $66,000, Redfin said But that number has cooled slightly since. Redfin also said that the typical U.S. homebuyer who took out a mortgage in July 2022, made a $62,500 down payment. That’s still up 13.6% from a year ago. And... + más
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Fox Business USA Business September 29, 2022
The Corcoran Group president and CEO Pamela Liebman says ‘something’s got to give’ in the current housing market. Home buyers are facing the most volatile in over three decades as the Federal Reserve tries to quell painfully-high inflation and cool the... + más
Mortgage rates surge, closing in on 7% | CNN
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MarketWatch USA Business September 26, 2022
A year ago, only 12.1% of home buyers were backing out of deals. Typically 12% of deals fell through prior to the pandemic, Redfin said. But the last time this number spiked — prior to this fall — was at the onset of the coronavirus pandemic in March/April 2020. Buyers were... + más
'They’re waiting to see if home prices fall': Home buyers are backing out of contracts in the Sun Belt at a record rate | MarketWatch
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MarketWatch USA Politics September 26, 2022
Adjustable-rate mortgages becoming more attractive to buyers | ABC News
Fox Business USA Business September 24, 2022
Check out what's clicking on FoxBusiness.com Renters are facing higher costs as lease prices reached record highs in August. The national median 11% year-over-year, though some areas saw increases more than double that. For instance, asking rents in Cincinnati, Ohio, rose... + más
US rent prices finally showing signs of cooling down | ABC News
Gas prices rise slightly after months of declines | The Hill
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