Fannie Mae Home Purchase Sentiment Index falls to its lowest level since 2011.
Tagged: Homebuying
Indicators of homebuyer activity ,such as online searches, requests for tours and agents’ help and mortgage applications, rose as mortgage rates fell below 5%.
2022 Consumer Housing Trends Report provides a glimpse into sellers' behaviors.
The Pending Home Sales Index (PHSI) dipped 8.6% to 91.0 for the month of June.
Report says homes are taking longer to sell, as few are being listed and even fewer are selling.
Are people moving to less expensive metros?
Popular migration areas such as Phoenix, Atlanta, Tampa, and Miami have the highest inflation rates in the country.
People say they want to live in places where they agree with the social laws.
Spiking borrowing costs and home prices prompted real estate investors to lose steam, especially for high- and mid-priced homes.