Cincinnati home sales drop below pre-pandemic levels in July

Is Greater Cincinnati’s pandemic home sales boom over? Sales data from July shows that may be the case.

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Cincinnati home sales drop below pre-pandemic levels in July

bizjournals bizjournals | 1 year ago

Is Greater Cincinnati’s pandemic home sales boom over? Sales data from July shows that may be the case.

Purchase rate locks drop below pre-pandemic levels

In-depth analysis, data and st... In-depth analysis, d... | 1 year ago

July's purchase rate lock activity fell to a low not seen since COVID-19 arrived in the United States, according to data from the Black Knight Optimal Blue product and pricing engine.The rate at which homebuyers locked in their financing costs during the month was 11% slower than it was prior to the pandemic and down 28.5% from a year ago despite the fact that financing costs tracked by Black Knight were down 49 basis points from June."Although 30-year interest rates actually pulled back slight...

Oahu home sales return to pre-pandemic levels

bizjournals bizjournals | 1 year ago

There were 314 single-family homes sold in August compared to 425 in August 2021.

Demand For Vacation Homes Is Now Below Pre-Pandemic Levels

forbes forbes | 1 year ago

Demand For Vacation Homes Is Now Below Pre-Pandemic Levels The pandemic-fueled vacation home buying frenzy is beginning to fizzle. getty The pandemic-fueled vacation home buying frenzy is beginning to fizzle. The sad thing about vacations is that no matter how much fun you’re having, they have to end. Just consider that demand for vacation homes has fallen below the pre-pandemic baseline for the first time in two years. Sky-high home prices and surging mortgage rates, a...

Houston's home sales drop for 5th straight month as market returns to pre-pandemic levels

bizjournals bizjournals | 1 year ago

As in July, the only single-family pricing segment that saw sales increase year over year was the group of homes priced between $500,000 and $1 million.

South Florida home sales fall below pre-pandemic pace

bizjournals bizjournals | 1 year ago

Even sales of luxury homes have been caught up in the housing slowdown.

Housing inventory levels on Oahu lag behind pre-pandemic levels

bizjournals bizjournals | 1 year ago

Islandwide, active inventory numbers for single-family homes grew just 4% while the inventory of condominiums declined 19%.

Greater Nashville home sales fall 30% in October as inventory nears pre-pandemic levels

bizjournals bizjournals | 1 year ago

Rising interest rates have continued to stifle home sales, pushing the region's inventory higher than it has been in years. Prices have climbed alongside inventory, however — the median price for a single-family home reached $478,500 last month.