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 March from February. Home sales...
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 one-third (32%) of all homeowners—including those without...
Why homeowners aren’t selling
unless a lot of new supply comes online; the market for existing homes will continue to be tight....