Steep mortgage rates and high prices: why the housing market is slowing down
After mortgage rates hit record lows during the pandemic, driving up demand for new homes and pushing up listing prices, the housing market is now...
Housing Bubble Getting Ready to Pop: Traffic of Prospective Buyers of New Houses Plunges, Homebuilders Cut Prices, Sentiment Dives
Homebuilder stocks have been wobbling lower all year, now down between 24% and 40%. By Wolf Richter for WOLF STREET. Homebuilders have struggled for well over a year...
National housing recession? Homebuilders say, ‘Not here! Demand is strong’ – 32963 Features, 32963 News, Real Estate
National news reports about the homebuilding industry have been gloomy lately, with talk of “a housing recession” and falling builder sentiment, but major homebuilders in...