Redfin: Housing Activity Plunges As Rates Reach 20-Year High
Price drops also reached a new high as home sales & listings start to decline.
Price drops also reached a new high as home sales & listings start to decline.
Intense housing competition and soaring house prices prompted buyers to double their down payments.
Teams with Down Payment Resource to provide information on more than 2,200 assistance programs nationwide.
Buyers need to search for cheaper homes, which typically translates to smaller ones.
A new study shows customers care about social issues.
Redfin says a house hunter looking for a $500,000 home saw their potential total mortgage payment decrease $64,000 from July to August, but jump up $118,000 from August to September.
Redfin reports that nine of the 10 housing markets holding up best are either in the Midwest or on the East Coast.