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While most home builders are optimistic about home sales, for the fifth straight month their confidence dropped and the prediction from the National Association of Home Builders (NAHB) and their partner, Wells Fargo, is that single-family home sales will continue to decline. ....
For first-time homebuyers, steep housing prices are making it hard to buy starter homes, and inflation and rising mortgage rates may make it worse. ....
For first-time homebuyers, steep housing prices are making it hard to buy starter homes, and inflation and rising mortgage rates may make it worse ....
Recent affordability and interest rate trends led to “clear evidence” of discouragement among potential consumers in the purchase market in the first three months of 2022, according to the National Association of Home Builders. ....
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