30-year fixed-rate mortgage averaged 6.95 percent with an average 0.8 point as of November 3, 2022
Yearly listing price growth remained in the double-digits in September (+13.9%)
The annual rate of price appreciation fell two percentage points from 19.3% to 17.3%.
Two of America’s most prominent real estate brokerages instituted large-scale layoffs and halted expansion efforts.
Home builders warn of current deteriorating conditions as a sharp jump in mortgage rates increases costs.
The Refinance Index decreased 16 percent from the previous week and was 56 percent lower than the same week one…
Home sales in Westchester were up 10.4% for 2021.
Building materials prices have increased 14.1% year-to-date, more than tripling the November YTD increase of the prior year (+3.9%)
The median price of homes sold in September was $376,800, up 14% from a year earlier.
“If property prices stop growing, we won’t buy,”
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