falling home prices – ReportWire

Interactive map: The home price correction (or lack of correction) in America’s 400 largest housing markets

[ad_1] Across the country, mortgage brokers and builders are scrambling as millions of potential buyers sit on the sidelines after last year’s historic mortgage rate shock....

Business2 years ago

These 49 housing markets to see home prices fall over 15%—this interactive map shows Moody’s updated forecast for 322 markets

[ad_1] A historic mortgage rate shock—with the average 30-year fixed mortgage rate jumping from 3% to 6% this year—following the Pandemic Housing Boom’s 41.3% run-up in...

Business2 years ago

The U.S. housing market to see second biggest correction of the post-WWII era—when to expect the home price bottom

[ad_1] Homebuilders and economists alike saw the 2000s housing bubble brewing—they just didn’t think it would burst. Their reasoning being, that at the time, home prices...

Business2 years ago

The Fed’s housing market ‘reset’ isn’t letting up anytime soon—5 things to know heading into 2023

[ad_1] “We have a ways to go, we have ground to cover with interest rates before we get to that level of interest rates that is...

Business2 years ago

Updated: Odds of falling home prices in your local housing market, as told by one interactive map

[ad_1] Unlike the stock market—which corrects through price shifts—housing corrections are historically felt the most acutely through declines in housing activity. That, of course, is why...