A leading economist warns that the housing market is deteriorating, with home sales and prices set to slump unless mortgage rates drop soon. Unprecedented challenges are looming for homeowners and the economy.
Home prices are experiencing a significant slowdown, with national gains dropping to just 2.7% in April. As supply rises and demand falters, the once hot markets are now cooling off. Discover the latest insights on the shifting housing landscape!
In a surprising twist, U.S. home sales edged up in May, defying expectations amidst high mortgage rates and rising prices. Despite this increase, affordability remains a major hurdle for many prospective buyers.
The U.S. housing market faces a significant slump, with May marking the slowest home sales since 2009. Despite a slight monthly increase, affordability issues persist, keeping buyers at bay amidst rising prices and high mortgage rates.
A recent settlement by the National Association of Realtors is shaking up the real estate industry, allowing for negotiable agent fees and the rise of flat-fee brokerages. Homebuyers like Jim Xiao are finding new ways to save thousands on commissions.
Tech stocks led a market decline as Trump plans to tighten chip controls on China, impacting consumer confidence. Cryptocurrency prices fell amid tariff risks, while US home prices showed solid gains.
