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Housing market rewind: Home sales drop in 2024 to level not seen since the '90s
“While respondents remain discouraged by the pandemic-era run-up in home prices and mortgage rates, the upward trend in homebuying sentiment in 2024 may reflect a slow acclimatization to the generally less-affordable market conditions," the release noted.
Existing Home Sales Hit a Multidecade Low. Why Are Economists Upbeat About the Housing Market?
Existing-home sales were higher in December, but still came in at their lowest levels since 1995. Economists see positive trends that could continue into 2025.
Austin Home Price Drops 50% as Texas Housing Market Cools
Located at 4408 Long Champ Drive within the Austin Country Club on Lake Austin, the three-bedroom, three-and-a-half-bath home had a 53 percent price decrease in January. The home was listed for sale in July 2024 at $4.9 million, dropping just under 58 percent in price since then.
1d
on MSN
The housing market hasn’t been this slow in almost 30 years
High mortgage rates and low housing inventory have kept homes out of reach for many people in the United States.
4d
How extreme weather, high home prices could affect the 2025 housing market
Extreme weather – from wildfires in California to the freezing cold temperatures and snow in Northeast, Midwest and South – ...
Summit County
14h
Tides shifted in Summit’s 2024 real estate market, experts say. Here’s what changed.
Buyers largely held the upper hand in Summit County’s real estate market in 2024 and had more negotiating power compared to ...
7d
Trump will inherit a housing market creaking under the strain of high prices and high interest rates
Trump’s administration has promised to slash mortgage rates and home prices by instituting mass deportations of undocumented ...
2d
on MSN
Housing tracker: Before the fires, a December slowdown in the Southern California market
Prices are now 1.5% off their all-time high in July, but some economists say prospective home buyers and sellers shouldn’t ...
1d
on MSN
San Francisco Home Price Plunges 30% as City's Housing Market Stagnates
A luxurious penthouse in downtown San Francisco sold for $5m less than its seller listed the unit for in 2023, as the city ...
2d
Persimmon: U.K. Housing Market On The Verge Of Recovery
Consider investing in Persimmon, a potential turnaround opportunity with a focus on affordable housing and first-time buyers.
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