A recent report from the Harvard Joint Center for Housing Studies found that U.S. homebuying has dropped to its lowest levels since the mid-1990s. The report, The State of the Nation’s Housing 2025 blames record high real estate prices combined with higher interests for the drop in home sales. While high home prices and elevated interest rates […]
Many of us are concerned about how the housing market will fare as interest rates head up and a looming recession takes hold. Will home values crash as they did during the Great Recession or will they simply stop rising and settle in at their current values. While no one can predict the future, Fed […]
According to the National Association of Realtors, existing home sales continued their strong upward trajectory in July. This makes it two months in a row that have shown significant gains in home sales. Four of the major regions managed a double-digit month over month increase while the Northeast was the only region that showed a […]