Pending Home Sales Decline But Still Strong Overall
Pending Home Sales, which measure signed contracts on existing homes, fell 1.2% in March, though this was stronger than the 1.8% decline expected. Sales are now down 8.2% year over year. There is no doubt that higher interest rates could be impacting demand, but this...
Home Buying Report Winter 2022
Many consumers know that the off-season is typically the best season for bargain shopping. In most US markets, the off-season for home buying is the winter, particularly during the holidays and in the first quarter of the new year. However, winter home buying creates...
Is There a Pending Housing Crash?
Those of us that have lived through last decade’s severe housing market correction know how painful it was on the overall economy and individual net worth. We recently marked 10 years since the start of the crisis, and it’s worth considering whether the United States...
Avoid Overspending in a Hot Market
Real estate prices have risen nationwide over the last several years, after bottoming in early 2012. As competition for purchasing real estate heats up, it’s tougher for buyers to remain cool under the pressure. In a seller’s market, it’s common for buyers to view...