Prospective buyers are pulling back and waiting for an improvement in housing affordability in a market balancing soaring inflation and record high home prices with still-rising mortgage rates
Mortgage rates are climbing, inventory is dwindling, and home prices are still rising, but a market correction could bring about big changes in the year ahead
As the Federal Reserve continues to raise its short-term rates to cool inflation and slow the housing market, prospective buyers are desperate for a reprieve
Rents fell by a singular percentage point from September to October, but the latest price drop marks the first time that one-bedroom and two-bedroom units have declined in tandem since 2020
The Federal Reserve is increasing its short-term interest rates yet again, and that will likely amount to even higher borrowing costs for buyers already strained by historic home prices and rampant inflation
Home prices reached unsustainable highs in the nation's most popular metros throughout the pandemic, but a major market correction is leading to substantial declines in cities like San Francisco