Would-be homebuyers who were priced out in 2022 made an end-of-the-year comeback as mortgage rates fell below 7%, but many who returned to the for-sale market found a lack of available inventory
Affluent buyers are feeling the effects of rising mortgage rates and inflation, and as a result, many are backing out of high-end home purchases in these costly markets
A 2022 housing market slowdown is expected to carry over into the next year, and some experts predict an even more substantial correction in the months to come
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
