The major county in America where home prices just dropped the most is …

The major county in America where home prices just dropped the most is …

Buyers may be starting to see home price drops in some areas. (Getty Images) Home buyers have watched as home prices marched upwards for the past few years, but now many of you will finally get some relief — at least in some spots. “Home price appreciation has slowed dramatically in most markets, and there … Read more

US will turn into a buyers’ housing marke in 2023, most experts say. Here’s where you’ll see the biggest declines.

US will turn into a buyers’ housing marke in 2023, most experts say.  Here’s where you’ll see the biggest declines.

Frustrated by the housing market? Housing experts say they’re expecting the market to tip back into buyers’ court by 2023, according to a new report. Mortgage rates are approaching 7%, but home prices are only slowly coming back down and inventory is still tight compared to pre-pandemic levels. Still, the US housing market will shift … Read more

US will turn into a buyers’ housing marke in 2023, most experts say. Here’s where you’ll see the biggest declines.

US will turn into a buyers’ housing marke in 2023, most experts say.  Here’s where you’ll see the biggest declines.

Frustrated by the housing market? Housing experts say they’re expecting the market to tip back into buyers’ court by 2023, according to a new report. Mortgage rates are approaching 7%, but home prices are only slowly coming back down and inventory is still tight compared to pre-pandemic levels. Still, the US housing market will shift … Read more

Home Prices Suffer First Monthly Decline in Years

Home Prices Suffer First Monthly Decline in Years

US home prices slid in July from June, the first monthly decline in years and the latest sign that higher mortgage rates are starting to weigh on home prices in many of the country’s biggest markets. The S&P CoreLogic Case-Shiller National Home Price Index, which measures the average change in home prices across the nation, … Read more

Mortgage rates hit 6.29%, Freddie Mac says and rents fell in August for the first time since November 2021

Mortgage rates hit 6.29%, Freddie Mac says and rents fell in August for the first time since November 2021

Hi, MarketWatchers. Don’t miss these top stories. Rents fell in August for the first time since November 2021, but tenants are still struggling. Here’s why. Rents dropped from July to August, and annual growth appears to be slowing down. Read More How much should I tip my housekeeper? My husband says that we should tip … Read more

As Mortgage Rates Top 6%, More Borrowers Choose Adjustable-Rate Loans

As Mortgage Rates Top 6%, More Borrowers Choose Adjustable-Rate Loans

Mortgage rates surged past 6% this week, pushing already pricey homes further out of reach for many borrowers. Discouraged buyers might choose to hold off, betting that prices and rates will drop in the years ahead as the market cools and inflation slows, as some economists predict. For those who want to move sooner, an … Read more

‘An increasing squeeze on list prices.’ 3 top economists and real estate pros on the housing markets where home prices will drop the most this year

‘An increasing squeeze on list prices.’  3 top economists and real estate pros on the housing markets where home prices will drop the most this year

Some markets may be more vulnerable to home price cuts than others, pros say. Getty Images Buyers in some markets are already getting — or may soon get — some relief in the form of lower home prices, pros say. Already, in the last 4 – 8 weeks, experts have noticed downward price pressure in … Read more

Home Prices Could Drop in 2023. These Places Are Most at Risk.

Home Prices Could Drop in 2023. These Places Are Most at Risk.

Textsize Seattle is one of the markets where home price declines are likely. dreamstime Home price drops are coming to nearly 40% of metropolitan areas in 2023, Goldman Sachs strategists wrote. Markets that had big price run-ups in recent years are particularly at risk. At a national level, home prices will gain about 0.7% in … Read more

House prices will soon undergo a ‘correction,’ says Mark Zandi, chief economist at Moody’s Analytics — but not a ‘crash’ and getting ready for one last summer trip this Labor Day? Read this first (and check your bank account).

Mortgage rates hit 6.29%, Freddie Mac says and rents fell in August for the first time since November 2021

Hi, MarketWatchers. Don’t miss these top stories. Getting ready for one last summer trip this Labor Day? Read this first (and check your bank account). The busy travel weekend caps a summer of red-hot inflation. Read More Mario Lopez Selling $6.5M Spanish-Style Estate in Glendale “Access Hollywood” co-host Mario Lopez is hosting the sale of … Read more

New York City Rents Hit Record Highs Amid Nationwide Housing-Price Increases

New York City Rents Hit Record Highs Amid Nationwide Housing-Price Increases

New York City rents hit an all-time high in June, reaching $3,500 a month as prices skyrocket from pandemic lows. Rents are up in many cities across the US, but New York City’s recent rise is outpacing other major cities like Los Angeles and Chicago, forcing some tenants out of apartments that were cheaper at … Read more