Homebuilders face a tough balancing act on new construction amid high mortgage rates
New residential construction fell 11.3% month over month in August to 1.283 million units.
Source: yahoo.com
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Housing market: Home sellers taking losses while being called back to the office
The onset of COVID-19 gave rise to remote work and a housing rush in the West. Those who bought homes thinking their situation would be permanent are now rethinking it.
Source: ksl.com
Housing market: Some sellers taking loss amid return-to-office rules
Is the housing market forcing some home sellers to take losses? A new Redfin report found return-to-work requirements is forcing some to choose between moving or losing their jobs. A pair of Idaho home sellers will likely have to sell at a $100,000 loss, Boise real estate agent says
Source: deseret.com
Housing market: Home sellers taking losses while being called back to the office
Is the housing market forcing some home sellers to take losses? A new Redfin report found return-to-work requirements is forcing some to choose between moving or losing their jobs. A pair of Idaho home sellers will likely have to sell at a $100,000 loss, Boise real estate agent says
Source: yahoo.com
Return-to-office mandates are forcing homeowners to sell for a loss
According to real estate company Redfin, an increase in return-to-work policies are motivating one in ten homeowners to relocate.
Source: dailymail.co.uk