Main Content

Blog

HOME BUILDERS STRUGGLE AS BUYER CANCELLATIONS RISE

HOME BUILDERS STRUGGLE AS BUYER CANCELLATIONS RISE

Confidence among home builders dropped for the 10th month in a row in October to a 10-year low (with the exception of the start of the pandemic), according to the National Association of Home Builders. Traffic among prospective buyers, one of t...

Read more

U.S. CITIES WHERE HOME PRICES ARE FALLING FAST

U.S. CITIES WHERE HOME PRICES ARE FALLING FAST

Given rising mortgage rates that spiked to their highest levels since the 2008 housing crisis and fears of a recession, the real estate market has been preparing for a slowdown. Many experts are cautioning sellers to say goodbye to the pandemic...

Read more

BIDDING WARS ARE COMING FOR RENTERS

BIDDING WARS ARE COMING FOR RENTERS

When Donna Jones and her husband looked to rent a home in Northern Virginia in February, they often received the same response: Sorry, but someone else offered to pay more rent. “We didn’t even know you could do that,” Ms. Jones said. ...

Read more

HOME SELLERS DROP PRICES IN PANDEMIC HOT SPOTS

HOME SELLERS DROP PRICES IN PANDEMIC HOT SPOTS

Home sellers across the country — including those in formerly scorching hot pandemic-fueled markets — have had to adjust expectations and drop prices as home buyers lose purchase power to rising mortgage rates. More than 40% of home sellers...

Read more

DEMAND FOR SECOND HOMES TAKES A SHARP DOWNTURN

DEMAND FOR SECOND HOMES TAKES A SHARP DOWNTURN

Sky-high prices, loan-fee increases and financial-market weakness are putting a dent in demand for vacation homes, which soared during the pandemic. There’s still more demand for second homes than there was before the pandemic. Demand for...

Read more