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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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Mortgage Rates
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
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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