Tag: housing market
Home Purchase Cancellations Hit Record July High
Home purchase cancellations in the U.S. reached their highest July level on record, with 15.3% of deals falling through, according to Redfin. Roughly 58,000...
U.S. Homeowners’ Low Mortgage Rates Pose Challenges for Buyers
The current state of the U.S. housing market is presenting significant hurdles for prospective homebuyers. High mortgage costs, soaring home prices, and a limited...
Homeowners vs. Renters: Wealth Disparity Revealed
A stark wealth disparity between homeowners and renters has been highlighted in recent data, showing a significant gap in net worth. The findings shed...