New Housing Inventory Falls Short in the United States
The latest real estate data shows the United States in desperate need of new housing inventory as existing homes fell in December.
The latest real estate data shows the United States in desperate need of new housing inventory as existing homes fell in December.
As mortgage rates reached their highest rates in over twenty years, September existing home sales fell for the eighth straight month.
After months of upward momentum, July 2022 mortgage markets finally reflected reduced inflationary pressures.
As investors focused heavily on the high inflation, mortgage rates rose to their highest levels since late 2018.