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housing contraction

FHLMC Says Biggest Housing Contraction Since 2006 Is Coming

Freddie Mac Economists Predict The Arrival Of The Biggest Housing Contraction Since 2006 The pandemic’s housing boom is finally running on fumes. Now, Freddie Mac economists are predicting the arrival of the biggest housing contraction since 2006. They point to three factors: Home sales are...

home sellers

Home Sellers Are Slashing Prices As Demand Plummets

Realtors See Commissions Plummet As Home Sellers Are Slashing Prices In Hot Markets As Housing Demand Drops Price drops are becoming increasingly common as home sellers are slashing their prices in some of the most popular housing markets. Redfin reports more than 20% of sellers...

millennials

Millennials Are Eagerly Awaiting A Housing Crash

Millennials Are Eagerly Awaiting A Housing Crash In Order To Afford Homes For Them And Their Families Millennials are eagerly awaiting a for a housing crash in the US. The insane housing market has squeezed nearly 3 million millennials out of the market. This is...

surging mortgage rates

Surging Mortgage Rates Are Driving Away Home Buyers

Post Pandemic Surging Mortgage Rates Are Driving Home Buyers From The Market Causing Prices To Plummet Surging mortgage rates are making an already tough U.S. real estate market for prospective buyers even tougher. They have faced double-digit price increases and cutthroat competition for listed properties....

Existing Home Sales

Existing Home Sales Plummeted By 7.2 Percent

The National Association of Realtors Says Existing Home Sales  Plummet 7.2% For First Quarter 2022 Existing home sales plummet by 7.2% this quarter according to the NAR. This continues a seesawing pattern of gains and declines since Christmas. The NAR is say that each of...

home prices

Home Prices To Drop In Late 2022 According To MBA

Mortgage Bankers Association Predicts Home Prices Will Plummet By The End Of 2022 What goes up must come down and home prices are no different. The Mortgage Bankers Association is saying that is exactly what they predicting will happen. However, they say it won’t happen...