Higher interest rates cooling local housing market, not stopping it, NEFAR president says
Higher interest rates cooling local housing market, not stopping it, NEFAR president says
While new rates have taken some potential buyers out of the market, area real estate leader says demand remains high and inventory low.
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While new rates have taken some potential buyers out of the market, area real estate leader says demand remains high and inventory low.
While new rates have taken some potential buyers out of the market, area real estate leader says demand remains high and inventory low.
Realtors are signaling a turn of the tide in Coloradoβs sizzling hot housing market, even with home sale prices around the state still hitting record highs.Β
Although housing inventory increased last month with the usual spring surge of new homes on the market, April saw home loan interest rates and home sale prices continue to rise.Β
According to the April 2022 Market Trends Housing Report from the Colorado Association of Realtors (CAR), the statewide median sales price for single-family ...
Realtors are signaling a turn of the tide in Coloradoβs sizzling hot housing market, even with home sale prices around the state still hitting record highs.Β
Although housing inventory increased last month with the usual spring surge of new homes on the market, April saw home loan interest rates and home sale prices continue to rise.Β
According to the April 2022 Market Trends Housing Report from the Colorado Association of Realtors (CAR), the statewide median sales price for single-family ...
CNBC's Diana Olick joins 'Squawk on the Street' to report on higher housing rates and the impact they're likely to have on the housing market.
CNBC's Diana Olick joins 'Squawk on the Street' to report on higher housing rates and the impact they're likely to have on the housing market.
The number of closed sales, pending sales and listing prices received have all started dropping, demonstrating that the market is slowing down.
The number of closed sales, pending sales and listing prices received have all started dropping, demonstrating that the market is slowing down.
Home sales and contract activity in the Charlotte market fell again year over year in April as rising mortgage rates took hold, according to data released today by the Canopy Realtor Association.
Home sales and contract activity in the Charlotte market fell again year over year in April as rising mortgage rates took hold, according to data released today by the Canopy Realtor Association.
Existing home sales for April came in at 5.61 million, with home-price growth driving a housing market that is still savagely unhealthy.
The post This savagely unhealthy housing market needs higher rates appeared first on HousingWire.
Existing home sales for April came in at 5.61 million, with home-price growth driving a housing market that is still savagely unhealthy.
The post This savagely unhealthy housing market needs higher rates appeared first on HousingWire.
In the latest HW+ member community Q&A, HousingWire Lead AnalystΒ Logan MohtashamiΒ discusses what homebuilder data we need to watch out for in the coming months now that rates are rising.
The post Hereβs why the housing market needs higher mortgage rates appeared first on HousingWire.
In the latest HW+ member community Q&A, HousingWire Lead AnalystΒ Logan MohtashamiΒ discusses what homebuilder data we need to watch out for in the coming months now that rates are rising.
The post Hereβs why the housing market needs higher mortgage rates appeared first on HousingWire.
The impact of rising interest rates and ongoing price hikes could be seen in Charlotte's housing market in March, signaling another challenging environment for local buyers this spring.
The impact of rising interest rates and ongoing price hikes could be seen in Charlotte's housing market in March, signaling another challenging environment for local buyers this spring.
Rising interest rates arenβt slowing the housing market in the Park Cities and Preston Hollow, although the downturn in stocks and crypto and the threat of a recession may take a toll in the wealthy neighborhoods in the heart of Dallas, according to one of the area's busiest luxury realtors.
Rising interest rates arenβt slowing the housing market in the Park Cities and Preston Hollow, although the downturn in stocks and crypto and the threat of a recession may take a toll in the wealthy neighborhoods in the heart of Dallas, according to one of the area's busiest luxury realtors.