buyer demand

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Newsfeed: The Housing Boom Is Already Over. The Housing Shortage Will Continue.

Newsfeed: The Housing Boom Is Already Over. The Housing Shortage Will Continue.

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As mortgage rates have risen this year, the buyer demand for homes has fallen. That has spelled trouble for the home construction business. Homebuilder confidence dropped for the tenth straight month in October. The decline in builder sentiment reflects what economist Ian Shepherdson describes as “housing … in free fall.

Newsfeed: The Housing Boom Is Already Over. The Housing Shortage Will Continue. Read More »

Newsfeed: ‘We’re seeing buyers backing out’: This dramatic chart reveals U-turn in the housing market as sellers slash home prices

Newsfeed: ‘We’re seeing buyers backing out’: This dramatic chart reveals U-turn in the housing market as sellers slash home prices

All Posts, Featured, Newsfeed / Guys

The chart, from Redfin, shows how higher mortgage rates and a pullback in buyer demand, has forced sellers to cut prices to entice bids

Newsfeed: ‘We’re seeing buyers backing out’: This dramatic chart reveals U-turn in the housing market as sellers slash home prices Read More »

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