New Homebuyers in the US Prefer Move-In Ready Homes, Declining Interest in Fixer-Uppers / is on Nostr

US single-family housing starts decline, housing market challenges, construction industry, homebuyers' preference for move-in ready homes

Last Notes

2024-07-11 14:02:26

US Housing Market Faces Challenges as Foreclosures Rise
===============
#e535966b ver:0.74
US housing market faces challenges as foreclosures rise, existing home sales fall for a third consecutive month due to high prices and mortgage rates. Pending home sales hit an all-time low, while inventory and home prices continue to rise. Experts predict easing price appreciation and a "stuck" housing market until 2026. High interest rates and a housing shortage contribute to the market's struggles. Foreclosure activity declines but remains higher than pre-pandemic levels. Monitoring evolving patterns is crucial for understanding the impact on the real estate sector. #HousingMarket #Foreclosures #MortgageRates #HomePrices #RealEstate...
#newstr #UsHousingMarket #Foreclosures #MortgageRates #HomePrices #RealEstate
https://here.news/story/e535966b?ver=0.74

2024-06-21 22:03:46

US Home Prices Reach Record High, Driving Continuous Buying Trend
===============
#e535966b ver:0.62
US existing home sales declined 0.7% in May, reaching a rate of 4.11 million, down 2.8% YoY. Median sale price rose 5.8% to a record high of $419,300. Rising mortgage rates and limited supply are impacting the market. However, a recent decline in rates and increased housing inventory are expected to support a rebound in sales. The gap between property owners and first-time buyers is widening, but first-time buyers recognize the long-term benefits of homeownership. #RealEstate #HousingMarket #HomeSales...
#newstr #UsHomePrices #HousingMarket #MortgageRates #Homeownership #NationalAssociationOfRealtors
https://here.news/story/e535966b?ver=0.62

2024-06-21 17:03:33

US Existing Home Sales Decline as Prices Reach Record High
===============
#e535966b ver:0.61
US existing home sales declined 0.7% in May, reaching a rate of 4.11 million, while median sale prices hit a record high of $419,300. Rising mortgage rates have slowed the housing market recovery, but a recent decline in rates and increased housing supply may support a rebound in sales. However, the high prices are creating a gap between property owners and first-time buyers. #RealEstate #HousingMarket #HomeSales...
#newstr #UsExistingHomeSales #HousingMarket #MortgageRates #UsHomePrices #Affordability
https://here.news/story/e535966b?ver=0.61

2024-06-01 04:02:16

US Existing Home Sales Dip for Second Consecutive Month as House Prices Rise, but House Price Inflation Slows in March; India's Home Prices Expected to Rise Steadily
===============
#e535966b ver:0.49
US existing home sales decline for the second month in a row as prices rise, while house price inflation slows in March. India's home prices expected to steadily rise, but affordability for first-time buyers worsens. Australian home prices to continue rising due to supply shortage. China's new home prices increase for the ninth consecutive month due to government support. #RealEstate #HousingMarket #HomePrices #Affordability #Economy...
#newstr #UsExistingHomeSales #MortgageRates #HousingInventory #MedianSalesPrice #FederalReserve #UsHousePriceInflation #Fhfa #AustralianHousePrices #IndianHomePrices #ChineseNewHomePrices
https://here.news/story/e535966b?ver=0.49

2024-05-23 16:04:09

US Existing Home Sales Dip for Second Consecutive Month as House Prices Rise
===============
#e535966b ver:0.44
US existing home sales declined for the second consecutive month in April, with a 1.9% drop, as high mortgage rates and rising prices affected the market. However, there was an increase in housing inventory, which may help stabilize prices in the future. The median sales price rose by 5.7%, reaching $407,600, with the surge in prices concentrated in homes priced at $1 million or more. Economists expect home sales to either remain stagnant or decline further in the coming months. #RealEstate #HousingMarket...
#newstr #UsExistingHomeSales #HousingMarket #Economy
https://here.news/story/e535966b?ver=0.44