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

Housing market stocks give up gains as another jump in bond yields takes shine off strong data

Housing market stocks give up gains as another jump in bond yields takes shine off strong data

Shares of companies in the real estate services and home building space backed way off their intraday highs on Tuesday, as another arises in Treasury yields to a more-than-decade high took the early shine off surprisingly strong economic data. Despite a growing consensus that the housing market is in recession, the US Commerce Department reported … Read more

US existing-home sales fall for the seventh straight month in August and the Fed is about to inflict ‘some pain’ with a 75-basis-point rate hike — here’s how to prepare your wallet and your portfolio

US existing-home sales fall for the seventh straight month in August and the Fed is about to inflict ‘some pain’ with a 75-basis-point rate hike — here’s how to prepare your wallet and your portfolio

Hi, MarketWatchers. Don’t miss these top stories. Brace yourself: The Fed is about to inflict ‘some pain’ with a 75-basis-point rate hike. Here’s how to prepare your wallet and your portfolio. This marks the Federal Reserve’s third 75-basis-point rate hike this year. Read More US existing-home sales fall for the seventh straight month in August … Read more

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

US existing-home sales fall for the seventh straight month in August and the Fed is about to inflict ‘some pain’ with a 75-basis-point rate hike — here’s how to prepare your wallet and your portfolio

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

These are the most — and least — vulnerable housing markets if the US heads into a recession

These are the most — and least — vulnerable housing markets if the US heads into a recession

If a major downturn hits the US economy, homes in counties in New York City, Chicago, and Philadelphia are the most vulnerable to declines, according to a new report. According to Attom Data Solutions, a real estate data company, housing markets near or in these big cities are at a heightened risk of being affected … Read more

Housing’s ‘great slowdown’ is here, as mortgage originations and spending fall, Bank of America says and these cost-effective cooking tips won’t leave you with an empty stomach — or wallet

US existing-home sales fall for the seventh straight month in August and the Fed is about to inflict ‘some pain’ with a 75-basis-point rate hike — here’s how to prepare your wallet and your portfolio

Hi, MarketWatchers. Don’t miss these top stories. This startup founded by former Airbnb employees lets you try out vacation homes before you buy them Try before you buy: second-home edition. Read More Housing’s ‘great slowdown’ is here, as mortgage originations and spending fail, Bank of America says A new report from the Bank of America … Read more

China Pressures Cities as They Scramble to Repair Ailing Property Markets

China Pressures Cities as They Scramble to Repair Ailing Property Markets

China on Thursday said that local governments will ultimately be responsible for fixing the property woes in their own markets, as its leaders indicated the country is likely to miss its annual growth target. Chinese cities have been resorting to a host of increasingly creative measures to entice home buyers, but economists say the effect … Read more

Low-Cost Cities With Strong Economies Remain Attractive as Housing Market Slows

Low-Cost Cities With Strong Economies Remain Attractive as Housing Market Slows

Low-cost cities with strong economies fared well in the second quarter as high prices and rising mortgage rates caused a swift slowdown in the housing market. As remote or hybrid work schedules have become more common, households are willing to relocate for cheaper housing or a better quality of life. That migration helped push small, … Read more

Is the Housing Market Slowing Down? What History Tell Us.

Is the Housing Market Slowing Down?  What History Tell Us.

About the author: John Wake is an independent real estate market analyst at RealEstateDecoded.com and a former agricultural economist. When experts talk about how fast the current US housing market is slowing and the possibility of a price correction they almost always end up saying something like, “But it won’t be like last time.” That’s … Read more

US Home Prices Hit Record of $416,000 in June as Sales Continued to Slide

US Home Prices Hit Record of 6,000 in June as Sales Continued to Slide

The US housing market is rapidly cooling as record prices and rising mortgage rates weigh on home sales, locking out potential buyers. Slower activity in the housing market, halting a torrid stretch of sales induced by the pandemic, is another sign of a slowing economy, economists said, adding to risks of a recession.