Wealthy Buyers Shy Away From Home Purchases As Stocks Remain Volatile

Wealthy Buyers Shy Away From Home Purchases As Stocks Remain Volatile

ByTMN Editor Reading Time: 2 minutes

Wealthy buyers are feeling serious impacts from the stock market’s recent swings, putting the luxury housing market in danger. Pending sales for high-end houses dropped to their lowest level in a decade as the rich watch their investments carefully, according to a new report from Redfin. The spring buying season has been rough across the…

Housing Market Posts Positive Indicators But Home Prices Remain Elevated

Housing Market Posts Positive Indicators But Home Prices Remain Elevated

ByTMN Editor Reading Time: 2 minutes

The housing market may be impossible for the average American now, but hold on a while longer: it’s heading in the right direction. That’s ICE’s message, at least, with its latest Mortgage Monitor report, which revealed a mix of good and not-so-good data about the state of homebuying. Affordability is improving, for one, as rates…

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