Is the housing market finally balancing out?

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Belgique Nouvelles Nouvelles

Belgique Dernières Nouvelles,Belgique Actualités

Buyers may soon be seeing the light at the end of a very long, dark seller’s tunnel as mortgage rates are starting to drop following months of increases.

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Higher mortgage rates forcing home buyers out of housing marketMortgage rates have soared from 3% to over 5% in the past year, putting a new home out of the reach of some buyers. But that could be good news if you are house hunting, agents say. And by 'soared' the Biased Media means it's still lower than in 2008 before the Republican Recession of 2008. Mortgage Rates have been higher than 5% for decades. SMH, be better hire a real reporter Denver refusing to build high density housing is the real problem. We need to repeal minimum setback and parking requirements. And rezone everything for mixed-use
La source: wrtv - 🏆 598. / 51 Lire la suite »

The housing market, at last, appears to be cooling offAfter a stunning rise in home prices enriched sellers and keyed up buyers into frantic bidding wars, there are signs that the U.S. housing market is starting to cool amid a surge of new inventory and higher interest rates. So the people could buy the house which the budget which they have it on their pocket , think if the properity give their flexible prices i think it will blooming again, like a sun flower blooing on the roof ahhhem The market started to cool off in San Diego beginning in April. Houses are being discounted 10%-15%. Regardless of inventory. Phoenix has seen double digit inventory. By December it will be a buyers market. LOL yeah right
La source: washingtonpost - 🏆 95. / 72 Lire la suite »

What actually caused the pandemic housing market rush?We all know the result: Shortly after the COVID-19 pandemic hit the U.S., it set off a housing market feeding frenzy — especially in the West — that's only now slowing down now amid rising mortgage interest rates. greed ....'that's only now slowing down now......' Nice!
La source: KSLcom - 🏆 549. / 51 Lire la suite »