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10 U.S. Cities Offering The Hottest Deals

January 7, 2023 by cara Leave a Comment

The continuing rise of homes in the country’s top metropolitan areas are forcing homebuyers to look at cheaper options. Midsize cities in the South and Midwest offer the biggest bang for your buck.  Cities like Chattanooga, Tennessee; Columbia, South Carolina; El Paso, Texas and Louisville, Kentucky could soon be some of the hottest housing markets… [Read More]

Filed Under: Real Estate Market Conditions Tagged With: buying, charlotte, housing market, market conditions

U.S. Housing Market Experiencing Big Home Price Correction

January 3, 2023 by cara Leave a Comment

The U.S. is seeing it’s second biggest home price correction of the post-WWII era with 55% of Americans saying they cannot afford to buy their home in today’s market, according to the CATO Institute 2022 Housing Affordability National Survey. Mitch Roschelle, Macro Trends Advisors founding partner, told Fox News he attributes the huge correction to… [Read More]

Filed Under: Real Estate Market Conditions Tagged With: housing market, market conditions, real estate market

Majority Of The Largest Housing Markets Saw Huge Price Decrease In September from 2022 Peaks

October 31, 2022 by cara Leave a Comment

After the most competitive period in recent memory, the housing market is rebalancing. The cooling trend that has taken the market by storm is expected to continue seeing more price declines in more cities according to a Knock Buyer-Seller Market Index report released today.  The index analyzes key housing market metrics to measure whether the… [Read More]

Filed Under: Real Estate Market Conditions Tagged With: buying, housing market, market conditions, selling

New Report Shows Good Signs for Homebuyers

October 17, 2022 by cara Leave a Comment

According to the latest RE/MAX National Housing Report, home sellers accepted offers below their listing prices on average based on data from August. This is further indication of the housing market rebalancing which is a source of relief for prospective homebuyers who have faced an incredibly competitive market. Out of the report’s 51 metro areas,… [Read More]

Filed Under: Real Estate Market Conditions Tagged With: charlotte real estate, Charlotte Real Estate Market, market conditions, Market Trends

Sharp Home Price Decline Possible Says Fed

October 8, 2022 by cara Leave a Comment

At a Federal Open Market Committee press conference in September, Federal Reserve chair Jerome Powell was asked to clarify what he meant when he said the U.S. housing market would “reset.” He answered: “We’ve entered into a ‘difficult correction’ that will see the U.S. housing market transition to a more “balanced” market for buyers and… [Read More]

Filed Under: Real Estate Market Conditions Tagged With: housing market, market conditions, Market Trends, real estate market

Mortgage Rates Down Slightly After Several Weeks of Rising

October 8, 2022 by cara Leave a Comment

The week ending on October 5th saw the 30-year fixed-rate mortgage averaging 6.66%, down from 6.70% the week before. This is according to Freddie Mac.  Since the start of 2022, mortgage rates have more than doubled as the Federal Reserve continues its unprecedented hiking of interest rates to try and tame the rise of inflation…. [Read More]

Filed Under: Real Estate Market Conditions Tagged With: market conditions, real estate market, real estate trends

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