Home sales continue to decline and mortgage applications are at their lowest level in 25 years.  U.S. housing market activity is continuing to slow down as mortgage rates sit at a 20-year high. Pending home sales and new listings both saw their biggest year-over-year drops since the start of the pandemic, dipping to levels roughly … Continue reading Housing Market Update: Sellers’ Time on Market Doubles From Spring as Buyers Wait for Prices and/or Rates to Come Down