Home Supply
604k Price Cut in Costa Mesa CA
Bought at the peak in 2008 and it’s $5k cheaper now than it was back then. We should not take
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Real Estate Market
$100k price cut in Austin area. It’s happening
Listed at $205k in 2017. Listed at $619k two weeks ago. There are plenty of similar homes in this area for sale,
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Home Demand
Home sales dip for a second consecutive month
According to the the National Association of Realtors (NAR), home sales fell 2.7% to a seasonally adjusted 5.77 million units in
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Real Estate Market
Canada bans foreign home buyers for two years, ignoring the actual root cause of the problem
The Canadian government will ban foreign homebuyers for two years, AP reported Monday. The ban is aimed at “[c]urbing unfair practices that
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Mortgage Rates
Canada home sales and volume fell in March 2022
Market slowing down in Canada, where the average price came in at $796,000, down from all-time high reached previous month.
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Real Estate Market
Nearly One-Third of Homeowners Have a Mortgage Rate Far Below Today’s Level
About half (51%) of U.S. homeowners with mortgages have a mortgage rate under 4%—substantially below today’s level of 5%. About
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Real Estate Market
Homebuilder sentiment drops for fourth straight month
Confidence among U.S. single-family homebuilders fell to a seven-month low in April as surging mortgage rates and snarled supply chains
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Real Estate Market
Why homeowners aren’t selling
unless a lot of new supply comes online; the market for existing homes will continue to be tight.
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