Housing Market News
Housing Market Update: Typical Homebuyer’s Mortgage Payment Up 15% Since Mid-August
September 29, 2022
Sellers should adjust their price to stay competitive as mortgage rates approach 7%.
Housing Market Update: Rising Prices Amid Falling Demand and Supply Reflect a “New Weird”
September 22, 2022
Few people are choosing to buy homes with mortgage rates well above 6%; even fewer homeowners want to sell.
Housing Market Update: Sellers Lose the Upper Hand as Mortgage Rates Top 6%
September 15, 2022
High mortgage rates have brought balance to the market, but it comes at a high price for both buyers and sellers.
Housing Market Update: Mortgage Rate Spike Further Cools Homebuying and Selling
September 8, 2022
San Francisco saw home prices fall 7% year over year during the four weeks ending September 4.
Housing Market Update: Typical Home Now Sells For Less Than Asking Price
September 1, 2022
The average sale-to-list ratio fell below 100% for the first time since March 2021 and the share of homes with a price drop came down from its record high.
Housing Market Update: More Sellers Retreat Amid Falling Prices, Volatile Mortgage Rates
August 25, 2022
Would-be sellers are reluctant to list their homes as they have begun to see prices come down. With few new listings, buyers’ newfound bargaining power