Consumer News Home Buyers Still Balk At High Interest Rates And Rising Prices

Home prices are still high, but they’re getting lower

Home-price cuts are becoming more common as the housing market gradually shifts toward buyers. Typical price reductions still hover around $10,000, but repeated cuts are increasingly standard as ... Read More

This 1 group of US homebuyers aren’t being deterred by rising prices and high mortgage rates — where they’re still buying (and why it matters)

In context, this uptick is still far below the figures from around a decade ago. In 2017, non-U.S. citizens bought around 284,500 existing homes, spending $153 billion. Spending in this category ... Read More

Mortgage rates are falling but owners still won’t sell

Rates are unlikely to fall far enough to persuade many of those homeowners who want to sell to take on a far more expensive loan. Economists don’t expect significant declines in mortgage rates in the ... Read More

Southern California house hunters continue to balk at high prices

Across the six-county region, October had 15,281 closed sales of houses and condos. That’s the fifth-slowest October in 21 years. Read More

Home Prices And Sales Fall. Can Sellers Count On Lower Interest Rates?

Home sales inched up for the month, rising from historic lows during a year of falling home prices and frustrated sellers quitting the market. Read More