Housing Week Ahead: Home Sales, Luxury Trends, and New Inflation Data
The coming week will bring a steady stream of housing market indicators, as well as new reports from the Realtor.com economics team. On Wednesday, senior economist Anthony Smith will have a look at the latest pricing trends in the luxury market with the September Monthly Luxury Report. On Thursday,
Mortgage Rates Will Remain Above 7% Through 2027, Top Economist Forecasts
Mortgage rates will remain elevated above 7% through the end of next year, according to the forecast of a top housing economist with the Mortgage Bankers Association. "Inflation is too high, leading central banks to raise short-term rates, while budget deficits and debt are unsustainably high, leadi
Price Cuts Are the Best Concession To Motivate First-Time Buyers, Survey Finds
First-time homebuyers are gaining confidence in their ability to make the correct decisions in a challenging market. However, one major factor still needs to change before many prospective buyers will take the leap: Sellers need to bring home prices down. In a survey of people who are searching for
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