Remove articles mortgage-rates-fall-to-2-93
article thumbnail

Why home prices haven’t crashed even with high mortgage rates

Housing Wire

The most underreported housing story I’ve seen this year is that even with mortgage rates rising to 8%, the number of homes that took price cuts before they sold was 4% below 2022 levels. This happened even with higher home prices and higher mortgage rates in 2023. Now lets take a look at the weekly inventory data.

Mortgages 516
article thumbnail

Wall Street Journal/Realtor.com’s Rankings of Fall Emerging Housing Markets Index

Dwell Real Estate

Below is an article from the Wall Street Journal with their 2022 rankings of how metro areas across America stack up. You can read the original article here. Home-buying demand remained robust in low-cost cities but rising mortgage rates have made most home purchases less affordable, pushing many buyers out of the market.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

15 Mortgage Questions to Ask Lenders Before Buying a House

HomeLight

All of these things are stressful and confusing, but you’d be surprised by how many people struggle with the mortgage process. And they need answers to their mortgage questions. As a first-time homebuyer, you’re likely among the 85% of buyers who will apply for a home mortgage instead of paying cash.

article thumbnail

Miami Real Estate Market & Investment Overview 2020

Marco Santarelli

On average, homes in Miami, FL sell after 93 days on the market. As we enter into the 3rd quarter of 2020, Miami remains a buyers' market and investors need to capitalize on this advantage while it is still there. After getting hammered by the pandemic, the Miami and South Florida housing market bounced back in July. Lucie (20.5%).

Marketing 127
article thumbnail

Orlando Real Estate Market & Investment Overview 2020

Marco Santarelli

We’ll be discussing the latest Orlando real estate market trends & statistics to find out how they can affect the investors and homebuyers in the next six to twelve months. After a big slump in real estate sales and activity during April, May, and June, home sales have bounced back in the Metro Orlando housing market. year over year and up 18.6%

Marketing 127