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New Homebuyers in the US Prefer Move-In Ready Homes, Declining Interest in Fixer-Uppers /
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2024-07-17 12:59:44

New Homebuyers in the US Prefer Move-In Ready Homes, Declining Interest in Fixer-Uppers on Nostr: US Housing Market Shows Signs of Recovery as Housing Starts and Permits Increase in ...

US Housing Market Shows Signs of Recovery as Housing Starts and Permits Increase in June
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#e535966b ver:0.75

US housing market shows signs of recovery as housing starts and permits increase in June, but existing home sales continue to decline due to high prices and mortgage rates. Inventory and home prices are rising, while first-time homebuyers struggle to enter the market. NAR predicts easing home price appreciation in the coming months. Bank of America warns the housing market will remain 'stuck' until 2026. High interest rates have caused home prices to rise instead of fall, creating a 'lock-in' effect. Foreclosure activity has declined, and housing starts and building permits have increased in June. #housingmarket #realestate #economy...

#newstr #UsHousingMarket #HousingStarts #BuildingPermits #RealEstate #UsEconomy

https://here.news/story/e535966b?ver=0.75
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