Surging mortgage rates chilled the housing market in September, forcing sellers to slash prices at historic levels to revive slipping demand. Nationally, the share of listings with price cuts reached 20.8%, up... Read more »
Stubbornly high mortgage rates finally took their toll on buyer demand in August, snapping an eight-month streak of pending sales growth even as sellers slashed prices. The share of listings in pending... Read more »
After a strong spring and promising early summer, July saw homebuying stagnate as a result of rising borrowing costs, forcing sellers to slash prices to revive demand. The share of listings with... Read more »
The longtime home of infamous New York serial killer Joel Rifkin has undergone its second price cut in as many months—mere weeks after it was put on the market for $825,000. Located... Read more »
Sticky mortgage rates and rising inflation fueled by the Iran war are testing the limits of the spring housing market’s resilience, but there is a silver lining for buyers as home prices... Read more »
Homebuyers who have been staying out of the market, waiting for prices to dip, may be running out of time to snap up that deal. While the share of active listings carrying... Read more »