New-home sales inched higher in November after posting little to no growth throughout much of 2022, but an ongoing affordability crisis is keeping most would-be buyers glued to the sidelines
The hottest U.S. housing markets aren't located in warm, sunny climates. Instead, buyers are flocking to small midwestern and northeastern metros for hidden pockets of affordability
Home prices and mortgage rates are falling from their peak 2022 highs, but an increase in housing affordability hasn't yet translated to a boost in buyer activity
Characterized by falling interest rates, elevated supply, and a housing correction leading to price reductions in some overheated markets, 2023 could be a buyer's market after all
Rising interest rates are causing would-be buyers to back out of the for-sale market, and that waning demand is leaving homes on the market for nearly a week longer than a year ago
