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Housing Market Tracker: Mortgage rates and inventory fall together

Housing Wire

In any case, mortgage rates were 6.75% on March 21 and 6.38% on March 24; the recent highs were 7.10%. The Federal Reserve has made the housing market into an orphan left in the rain with no home to go to because there isn’t much inventory out there, so the markets are simply too wild up and down.

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Has the housing market peaked?

Housing Wire

This article is part of our housing market update series. It’s not time to sound the alarms, and there’s no indication that another housing market crash, circa 2008, is about to happen, but there are signs and signals everywhere suggesting that the decade-long boom in home sales may be running out of steam.

Marketing 370
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Will we start 2022 with all-time lows in housing inventory?

Housing Wire

My biggest concern for housing in the years 2020-2024 was that if the demographic push in demand picks up and total home sales get over 6. 2 million , we could be at risk of housing inventory falling to such low levels that I would have to categorize this housing market as unhealthy. 2020 and 2021 easily each have over 6.2

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6 Reasons the Housing Market Remains Seller-Friendly

HomeLight

With so much pessimism hovering over the 2023 housing market, many potential home sellers are worried about listing their home. If you’re thinking about selling, slowing home sales, lower prices, and higher mortgage rates could all be sparking doubts. But there’s actually some good news for sellers.

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Austin Real Estate Market & Investment Overview 2020

Marco Santarelli

Austin housing market has been impacted by the pandemic which led to a decline in home sales due to critically low levels of housing inventory. After two months of sharp declines, home sales in the Austin-Round Rock MSA rebounded this June with a 9.3% increase year over year, which helped hold sales to only a 5.2%

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Housing Market 2020 Forecast: Will It Crash or Recover?

Marco Santarelli

Here are the updated national housing market trends— home prices, inventory, sales, and forecast. Given the current fundamentals, real estate sales should remain strong in most U.S. month supply at the current sales pace. The pent-up demand drove the home prices up 8.1 houisng markets for the foreseeable future.

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Nashville Real Estate Market Trends & Investment Outlook

Marco Santarelli

Despite the pandemic led economic slowdown, there is healthy demand to purchase homes in the Nashville real estate market. High demand and low inventory are leading to the rise in home prices in Nashville at a fast pace. The median price for a residential single-family home was $349,000, and for a condominium, it was $245,000.

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