The collapse of Silicon Valley Bank last Friday led to two other bank closings that rattled the tech industry and the cryptocurrency market. Could panic in the financial markets affect the real estate sector?
Soaring mortgage rates are forcing sellers to lower their asking prices in order to attract budget-conscious buyers, and with more rate hikes on the horizon, home prices are falling quickly
After soaring to new heights throughout the COVID-19 pandemic, the Phoenix housing market is slowing to a halt, and that sudden drop-off has some market experts fearful of a 2023 crash
Despite falling demand from priced out buyers, home builders remain optimistic about the year ahead, and experts say that rising sentiment may point toward a breakout year for a recovering economy
Successful builders can grow during this housing recession if they plan for it by maintaining liquidity, keeping up their reputation, and actively searching for opportunities
A slight drop in mortgage interest rates is motivating prospective buyers to jump back into the for-sale market, and that new activity is boosting home builder sentiment at the start of 2023
The housing market is reaching its tipping point ahead of what experts say is a "more-than-likely" 2023 recession, but today's homebuying conditions are far different from the state of the market leading up to the Great Recession