Tagged: Home Sales

Economists conflict on sales predictions for remainder of 2024

Homeowners earned a 55.6% profit margin on typical single-family home sale

Redfin economists urge CA homeowners to take action while rates are low and activity is sluggish

Impact of Fed rate cut on mortgage rates not yet tangible

August sales dip, but analysts eye year-end comeback with lower rates and rising supply

SmartAsset study reveals Raleigh has highest rate of mortgages issued to baby boomers in 2023, with Atlanta boasting the greatest number of such loans

Fewer existing-home sales than last year indicate affordability and inventory challenges continue to plague purchase borrowers

Despite continued high home prices, housing payments are down to lowest level in eight months

Regional variations in homebuyer sentiment likely a function of new supply variations in those regions, Fannie Mae reports.

In its latest commentary, the GSE's research group doesn't expect a notable sales boost until well into 2025