According to the survey, prospective buyers cited the economy, inflation and a continued rise in housing prices as the reasons that they changed their minds.
Steve Goode was a staff writer at NMP.
According to the survey, prospective buyers cited the economy, inflation and a continued rise in housing prices as the reasons that they changed their minds.
Freddie Mac officials say the volatility is causing purchase demand to wane.
People spent $2.8 trillion on homes last year, setting an all-time high.
Forty-six percent of bank executives predict overall economic conditions will worsen over the next 12 months
The MBA estimated that 470,000 homeowners are in forbearance plans.
Report reveals that homeowners continue to face significant challenges connected to working with mortgage servicers.
Listings will now include a “Fire Factor” rating from First Street Foundation, a nonprofit research and technology group, as well as information from USDA Forest Service.
Sustainable Communities Innovation Challenge seeks ideas to advance racial equity in housing, focusing on addressing supply, funding and credit barriers.
Housing vacancy rate dips below 1% according to U.S. Census Bureau Report
Net income down more than 90% from a year ago.