Housing Market to Take Turn for Buyers

  • 📰 Newsweek
  • ⏱ Reading Time:
  • 19 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 52%

México Noticias Noticias

México Últimas Noticias,México Titulares

Prices are set to flatten going forward as demand slows, a real estate expert said.

Home prices in the U.S. are set to stay flat over the coming months amid elevated mortgage rates, a real estate expert said, a development that could make it better for buyers looking to acquire homes in a market that has struggled with expensive homes for years.During the pandemic, lower mortgage rates sparked a rush in homebuying that escalated demand for properties that in turn contributed to a jump in prices.

While the overall sector is witnessing a jump in inventory and a drop in prices which is helping to make homes relatively cheaper, there is a bifurcated nature to the housing market in the U.S. at the moment, some real estate experts say.'If you're in the South and parts of the West and Mountain West, it's going to get a lot more favorable for buyers.

 

Gracias por tu comentario. Tu comentario será publicado después de ser revisado.
Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:

 /  🏆 468. in MX

México Últimas Noticias, México Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

Housing Market Takes a Turn for BuyersHomes sold lower than their listed price for the first time since 2020
Fuente: Newsweek - 🏆 468. / 52 Leer más »

Housing Market Takes a Turn for RentersNew apartments are seeing prices falling.
Fuente: Newsweek - 🏆 468. / 52 Leer más »