Homebuyer Sentiment Rises As Rates, Prices Ease
Fannie Mae survey finds slightly more consumers say its a good time to buy.
Fannie Mae survey finds slightly more consumers say its a good time to buy.
Redfin report finds that areas with the biggest pending sales declines were pandemic homebuying hotspots.
'Buyers are asking sellers for things that were unheard of during the past few years.'
Young buyers are so hesitant to buy, they’re backing out of purchase contracts.
Mortgage-purchase applications and Redfin’s Homebuyer Demand Index are both up by double digits since bottoming out earlier this fall.
Predicts mortgage rates and affordability challenges will deter would-be homebuyers.
Redfin says falling rates luring buyers back to the market.
Mortgage rates dropping from over 7% to 6.6% this week means homebuyers have more money available.