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

Where are home prices headed this December? Here's what to consider now.

As the job market softens and no guarantee that the Federal Reserve will continue interest rate cuts, average home prices still remain above $500,000. This can be discouraging, especially for ... Read More

Mortgage rates have fallen under Trump. Here’s what that really means for home buyers.

Buying a house has been unaffordable for many Americans in recent years due to a one-two punch of elevated mortgage rates and a low inventory, which has pushed up home prices to record highs. But over ... 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

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