What's Happening In The Market? July Update Please note: this SFAR data is for June 2022 Rising inflation, soaring home prices, and increased mortgage interest rates have combined to cause a slowdown in the U.S. housing market. To help quell inflation, which reached 8.6% as of...
Read MoreWhat's Happening In The Market? June Update Please note: this SFAR data is for May 2022 After two years of record-setting activity, there are signs the housing market might be cooling. High home prices and a surge in mortgage interest rates are slowing buyer activity, with...
Read MoreWhat's Happening In The Market? May Update Please note: this SFAR data is for April 2022 The average 30-year fixed rate mortgage exceeded 5% in April, the highest level since 2011, according to Freddie Mac. The recent surge in mortgage rates has reduced the pool of...
Read MoreWhat's Happening In The Market? April Update Please note: this SFAR data is for March 2022 Nationally, existing home sales recently dropped to a 6-month low, falling 7.2% as buyers struggled to find a home amid rising prices and historic low inventory. Pending sales are also...
Read MoreWhat's Happening In The Market? March Update Please note: this SFAR data is for February 2022 The U.S. real estate market remains hot ahead of the spring selling season, with existing home sales up 6.7% as of last measure, according to the National Association of REALTORS®....
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