According to a new LendingTree study, a combination of relatively high rates and weak homebuyer demand will likely cause a gradual decline in prices nationwide in 2023. Click to see what else experts predict this year.
Read More »Sellers Grant Record Share of Concessions to Homebuyers in Q4
A new report from Redfin revealed homebuyers received concessions such as money for repairs and mortgage-rate buydowns in a record 42% of home sales in the fourth quarter, up 11% from a year earlier and marking the highest share of any three-month period recorded.
Read More »Dreaming of a White Christmas? That’ll Cost You
The latest analysis from LendingTree revealed that homes in snow-heavy states cost nearly $57,000 more than those that see fewer winter flurries, but many homebuyers are willing to pay.
Read More »Experts: Homebuying Costs Won’t Come Down in 2023
According to Realtor.com's 2023 Housing Forecast, homebuyers won't find increased affordability in the coming year, as home prices aren't projected to decline nationwide amid the volatile market and rising mortgage rates.
Read More »Economy Hindering Americans from Milestone Purchases, Financial Goals
A majority of Americans are delaying life events and activities due to rising inflation, according to a new study from Bankrate, which found that an estimated 53% of consumers have delayed a major financial milestone due to the state of the economy.
Read More »Homebuyers, Sellers Hesitant After Biggest Rate Hike in Four Decades
A new study from Redfin revealed Americans are now hesitant to sell their homes as mortgage costs soar, due to many having low interest rates locked in amid nationwide inflation and ongoing economic uncertainty.
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