Home prices are falling, even in the nation's most popular metros, as elevated borrowing costs lead to a housing recession, and experts warn more rate hikes from the Fed could cause an even more significant slowdown in the year ahead
Pending home sales are on the rise nationwide despite elevated mortgage rates and historically high home prices at the start of the spring buying season
After soaring 41% during the mid-pandemic housing boom, home prices are falling rapidly, but experts say a recession could actually be beneficial for overheated markets
Housing supply is inching higher after reaching a record low during the COVID-19 pandemic, and that inventory boost, paired with a slight drop in mortgage rates, is motivating buyers to jump back into the for-sale market
For the past several years, prospective homebuyers have been hindered by cutthroat competition and seemingly endless affordability hurdles, causing many to delay their home searches indefinitely
The hottest January housing markets were located predominantly in the Northeast and the Midwest, but will a thawing spring market motivate buyers to purchase elsewhere?
