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New Homebuyers in the US Prefer Move-In Ready Homes, Declining Interest in Fixer-Uppers /
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2024-06-27 10:57:50

New Homebuyers in the US Prefer Move-In Ready Homes, Declining Interest in Fixer-Uppers on Nostr: Bank of America Warns US Housing Market Will Remain 'Stuck' Until 2026 ...

Bank of America Warns US Housing Market Will Remain 'Stuck' Until 2026
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Bank of America warns US housing market will remain 'stuck' until 2026 due to high prices, mortgage rates, and housing shortage. Home prices at record high of $419,300, while sales and new home construction decline. Experts predict prices won't fall soon due to demand and supply imbalance. Homeowners benefit, but potential buyers face affordability challenges. Longer delay in buying means missed wealth creation. Soft landing could raise prices further, while recession would improve affordability. #housingmarket #homeprices #mortgagerates #affordability...

#newstr #UsHousingMarket #BankOfAmerica #HomePrices #MortgageRates #HousingShortage #LockinEffect #Affordability

https://here.news/story/e535966b?ver=0.69
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