Prospective buyers forging through a market correction are going toe-to-toe with one another for newly constructed homes, while a growing supply of aging for-sale inventory remains largely untouched
Homebuyer demand rebounded slightly after a small dip in the 30-year fixed-rate mortgage, but an inflated economy continues to pose affordability challenges even in a cooling market
Recent market conditions have taught home builders some valuable sales lessons and have also forced builders to take a hard look at how they're engaging homebuyers in order to meet rising expectations
Pending home sales fell for the sixth consecutive month in December, and housing experts say waning buyer demand could lead to more significant price drops in the months ahead