Great News For Housing Market as Inflation slows in November

By:
In: Realtor News

Warning: Undefined variable $custom_content in /home4/comcompare/public_html/mortgagenews/wp-content/plugins/code-snippets/php/snippet-ops.php(582) : eval()'d code on line 10

Inflation has held up faster than expected in November, increasing the likelihood that the Federal Reserve will slow the pace of interest rate increases.  This is good news for the real estate market, which has suffered greatly from the impactContinue Reading

The housing market is Still Struggling In Q4 In spite Of Rate Drop

By:
In: Realtor News

Warning: Undefined variable $custom_content in /home4/comcompare/public_html/mortgagenews/wp-content/plugins/code-snippets/php/snippet-ops.php(582) : eval()'d code on line 10

The housing slump began in earnest in October. Existing home sales fell 5.9% from September to a seasonally adjusted annual rate of 4.43 million units in October, down 28.4% from a year ago. This is the largest annual decline inContinue Reading

Record Breaking $60.1 Billion In Purchase By Real Estate Investors in Second Quarter of 2022

By:
In: Realtor News

Warning: Undefined variable $custom_content in /home4/comcompare/public_html/mortgagenews/wp-content/plugins/code-snippets/php/snippet-ops.php(582) : eval()'d code on line 10

Real estate investors bought 87,500 homes in the United States in the second quarter of 2022, according to a new analysis from Redfin, up 11% quarter-on-quarter and 5.9% year-on-year.  The total for the second quarter was down from the all-timeContinue Reading

Is The Housing Market Still Inclined Towards Sellers?

By:
In: Realtor News

Warning: Undefined variable $custom_content in /home4/comcompare/public_html/mortgagenews/wp-content/plugins/code-snippets/php/snippet-ops.php(582) : eval()'d code on line 10

With more talk of the real estate market cooling off from the peak chaos it experienced during the pandemic, you may be wondering what this means for your plans to sell your home.  If you are considering a move, youContinue Reading

3 Reasons Why The Housing Market Is Getting Less Competitive

By:
In: Realtor News

Warning: Undefined variable $custom_content in /home4/comcompare/public_html/mortgagenews/wp-content/plugins/code-snippets/php/snippet-ops.php(582) : eval()'d code on line 10

In recent years, buying a home has been like competing in a triathlon. However, instead of competing for the trophy, buyers trade it for a limited amount of housing in the country. Intense competition from buyers, fueled by historically lowContinue Reading

Contrarian Opinion On - Are the Papers Really Right About the Housing Market?

By:
In: Realtor News

Warning: Undefined variable $custom_content in /home4/comcompare/public_html/mortgagenews/wp-content/plugins/code-snippets/php/snippet-ops.php(582) : eval()'d code on line 10

According to the paper, the housing market looks very strong, with single-family homes across the country are in high demand, home values growing.  This record growth is due to various factors, like a low-interest-rate environment and insufficient housing supply. AccordingContinue Reading