Housing Market Update: Economic Woes Exacerbate Slowdown as Rates Reach 20-Year High

Housing-market activity is plunging further this fall than it did over the summer as mortgage rates near 7% and the topsy-turvy economy deters would-be buyers and sellers. Price drops have reached a record high, and home sales and new listings are dropping. The housing market is taking a second hit this month as increasing economic … Continue reading Housing Market Update: Economic Woes Exacerbate Slowdown as Rates Reach 20-Year High