housingcrash
- Sep- 2022 -27 SeptemberStock Market
U.S. new home sales surge 28.8% in August – News Opener
The numbers: U.S. new home sales surged 28.8% to a seasonally-adjusted annual rate of 685,000 in August, from a revised…
Read More » - 27 SeptemberStock Market
U.S. home prices fell in July, as mortgage rates approach 7% – News Opener
The numbers: The S&P CoreLogic Case-Shiller 20-city house price index rise slowed to 16.1% year-over-year in July, a lower rise…
Read More » - 26 SeptemberStock Market
‘They’re waiting to see if home prices fall’: Home buyers are backing out of contracts in the Sun Belt at a record rate – News Opener
The tide has turned, and buyers are now backing out of deals in the Sun Belt as rates rise and…
Read More » - 22 SeptemberStock Market
‘The housing market may have to go through a correction’: Mortgage rates hit 6.29%, Freddie Mac says – News Opener
The numbers: U.S. mortgage rates continue to climb, adding hundreds of dollars in costs to potential homeowners. The increase in…
Read More » - 15 SeptemberStock Market
Mortgage rates hit 6% for the first time since 2008, while applications fall to lowest level since 1999 – News Opener
The numbers: A surge in mortgage rates to 6% is giving home shoppers chills, pushing them to wait to refinance…
Read More » - 9 SeptemberStock Market
‘Extreme buyer hesitation’ pushes home sellers to rent instead of sell, as builders eye rentals as a hedge against a housing recession – News Opener
Faced with weak demand from home buyers, home builders and sellers are increasing their focus on the rental market. And…
Read More » - Aug- 2022 -22 AugustStock Market
U.S. house values fell for the first time since 2012, Zillow says. Sellers and buyers are facing a very different housing market to 2020 – News Opener
The housing market isn’t crashing, but it’s definitely feeling the burn. After two frenzied years, home buying is cooling off…
Read More » - Jul- 2022 -7 JulyStock Market
Mortgage rates fall amid rising concerns over a recession – News Opener
The 30-year fixed-rate mortgage averaged 5.3% for the week ending July 7, according to according to data released by Freddie Mac on Thursday.…
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