Archive: homebuyers
2022 Homebuyers Are All About Affordability
By Carolyn Price on December 16, 2022
As 2022 comes to an end, investors might begin to make resolutions and predictions for the upcoming new year. And one area of investing that’s drawing much speculation and discussion is the U.S. residential housing and mortgage market. Looming over optimistic predictions of the U.S. economic revival is news that home sales fell for the ninth straight month in October 2022. Such decline means the sales of previously owned…
How to Play a Correcting Real Estate Market
By Carolyn Price on June 24, 2022
The U.S. residential real estate market is in the midst of a market correction. The average 30-year mortgage rate is at 6.28% currently — the highest rate since 2008. Higher interest rates are limiting access to capital and making mortgage payments…